7Baggers

Some numbers for China EVs

By: 
👤 The Sarcastic InvestorCommunity Lead :) 
💬 610
   Jan 14, 2021

$xpev, total number of EV deliveries as of Nov 2020 is 21,341. Market cap today is around 40B.

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$nio, total number of EV deliveries as of Nov 2020 is 36,721. Market cap today is around 97B.

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$li, total number of EV deliveries as of Nov 2020 is 26,498. Market cap today is around 32B.

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So if you simply take the market cap and divide the number by their first 11 months of 2020 delivery number then you'll see that Nio is a lot more expensive than the other two. Also if you look at the chart it seems that $xpev delivery number is growing in a parabolic, while the Nio chart looks like linear growth at best. So maybe that means Xpev is having a better time selling their products than Nio.

Also in case you don't know Nio's EV is around 30% more expensive than a Tesla, and $xpev EV is around 30% cheaper than a Tesla. In my opinion if you can afford a Tesla you'd just go get a Tesla. So I am not sure how Nio's pricing model would work eventually but I think maybe xpev has a shot to take on Tesla eventually within China. Also because of their lower pricing it might be easier for them to collect driving data that subsequently improves their autopilot. So I see that as a clear advantage over Nio.

chart source: https://finance.sina.com.cn/tech/2020-12-09/doc-iiznctke5533079.shtml


LI  
LI stock company logo
 - Li Auto Inc
  Total since post: 25.2%  |  30-day since post: -11.35% |  90-day since post: -36.4% 
XPEV  
XPEV stock company logo
 - XPeng Inc
  Total since post: -63.54%  |  30-day since post: -80.05% |  90-day since post: -82.86% 
NIO  
NIO stock company logo
 - NIO Inc
  Total since post: -76.56%  |  30-day since post: -85.7% |  90-day since post: -86.71% 
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Hi, I'm Shih-Min. I am a software engineer that deals with highly-scalable, distributed and fault-tolerant systems.
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