This reason for the move today
$XPENG-W(09868.HK$ Xpeng announced in the 2023 Technology conference that they will have a new cheaper model, redesign fab plant to save time and money, improved design and much much more. see video below.
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Trading is a tough business! All my commentary are my personal opinion. Do not follow my trades. You will lose money!
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Cui Nyonya Kueh : https://cnevpost.com/2023/04/16/xpeng-unveils-new-vehicle-tech-platform-sepa-2-0/
MonkeyGeeOP Cui Nyonya Kueh: I know, that's great improvement. if they were smart they should licenses NGP to other car makers. I couldn't find the leadership contact to suggest that recommendation. if they do thet will dominate.
Cui Nyonya Kueh MonkeyGeeOP: LinkedIn try
MonkeyGeeOP Cui Nyonya Kueh: I did try linked but it's blocked from messaging. if u know any other let me know. because I just don't understand why they don't capitalize on one of their most valuable asset. if they wait too long the other EV makers will catch up. it's just smart business to license NGP. can you imagine how much they will make.