$XPeng (XPEV.US)$[Share Link: twitter.com/i/b...] Watch the ...
Watch the XNGP in action.
Obviously, EV mass demand depends on the price. Xpeng is coming out with their sub brand that is priced from 100,000-150,000 yuan (USD15,000-23,000).
Xpeng will differentiate its products with its leading XNGP as well as affordability.
2024 will be a transformational year when ICE cars will lose big. Imagine China like Sweden selling 24M EV per year! How green will that be? Other countries will be full of red envy.
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MonkeyGee : Tesla needs to buy Xpeng.
SoundOfMusicOP MonkeyGee: Hence VW invested in Xpeng.
Mr Careful MonkeyGee: there must be consolidation in the EV space before the EV makers can see their share price moving upwards. this is likened to the solar panel era
MonkeyGee SoundOfMusicOP: VW is smart. trying to get the technology without paying the full price.
Shogun80 Mr Careful: Would take years.
Gancongyap : Nowadays Competitors are too many in China market… I think one day all will fight with low profit… no good business at now… the good time is pass … Chinese company always fight with low prices to kill each others and do not want to create new product. At the end, all will gone … and take over by foreign company…
Shogun80 Gancongyap: NIO and XP are both doomed to fail.
SoundOfMusicOP MonkeyGee: That might not be a crazy idea. Tesla values and sells FSD at US$12,000 a pop.
Xpeng XNGP is worth something for Tesla in China and aboard.
MonkeyGee : get Xpeng to license XNGP to other vendors