Xpeng Motors
Updated: 08/2020

Updated: 08/2020
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Updated: 08/2020
Updated: 08/2020
Pitch
Fresh from NYSE-listing, raising almost $1.5bn, Xpeng Motors has outperformed market expectations amid Covid-19 economic slump and deteriorating US-China relations.
Why
Booming market
The electric vehicle market has grown rapidly in recent years.
Heavy dependence on petroleum
Car owners who run petroleum-based vehicles are vulnerable to price spikes and disruptions in supply.
Parking difficulties
A dearth of parking means most Chinese drivers have to squeeze into too small spaces.
Market
2m
Chinese EV demand is expected to reach 2m by 2020.
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