XPEV Stock Analysis: Time to Buy XPeng or Be Patient?
XPENG(XPEV) Investor Place·2024-08-15 18:46
Emerging as one high-end EV stock to own, investors may be wondering whether China-based XPeng (NYSE:XPEV) is worth buying. I think that’s a fascinating question to explore, considering the impressive growth the Chinese EV market has seen. Some recent headlines around China EVs and hybrids now surpassing 50% penetration of all new vehicle sales is impressive. This is a market that’s heavily EV-focused. For companies like XPeng, that should be a great thing.Notably, XPeng has continued to impress analysts an ...