Description
⋅ EC will be held on 08 Mar 2021.
Few milestones taken from Seeking Alpha :
- XPEV's decent 4Q sales topped expectations at higher rates than NIO and Li Auto, with the company quickly ramping up production.
*XPEV is about to release another sedan model equipped with Lidar.
*Its new generation AD system – XPILOT 3.0 – is worth betting on.
*Recent polarization of valuation multiples of NIO, TSLA and XPEV present an obvious buy signal.
*We upgrade XPEV to 'buy' with a target price of USD 72 per share.
Technically , Potential Long entry with breaking above 51.34
Main triangle support located in 44.5
Not recommended to buy or sell XPEV stocks.