How much influence does Chinese government support have on investments like XPEV stock and more importantly, is it sustainable? Suddenly, people are looking at Chinese cars — and not just Chinese consumers | Yahoo is part of Verizon Media |
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For instance, Nio NYSE: made waves for its electric supercar | How Much Support Can Beijing Provide? |
Rival Nio has been printing serious red ink over the years, although to be fair, it pared much of the losses for fiscal year 2020.
2It seems many investors are stepping on the brakes and reassessing the fundamentals | Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare |
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First was the massive surge in Xpeng shares that occurred in late 2020 | But from the information it provided, the analysis suggests that without Chinese government subsidies, EVs may end up being more expensive to own over the long term than combustion-based cars |
Manufacturing wise, the simpler construction of EVs — which require far fewer parts than building a combustion car — benefits XPEV stock and its ilk.
12To be clear, MIT does not have an opinion about XPEV stock | A Hyundai or a Toyota? While investor sentiment has cooled off since then, the stock has been on a run recently |
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The opinions expressed in this article are those of the writer, subject to the InvestorPlace | Many years ago, before China started competing in earnest in the EV space, |
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