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XPEV “High Value” Vehicles, “Effective and Competitive” EV Model
Manage episode 501193814 series 3645668
Chinese automaker Xpeng (XPEV) demonstrated revenue growth in its latest earnings. Karl Brauer says they seem to keep launching high value vehicles and technology. He calls the company a “BYD Part 2” saying he’s impressed they are accomplishing this growth in the highly competitive China market. Karl says the big question remains in Xpeng’s big capex spend, saying people will want to see profitability growth within the next 4 quarters. Across the global EV landscape, he believes medium to near term doesn’t look good for companies like Lucid (LCID) and Rivian (RIVN) as U.S. tax incentives disappear.
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6976 episodes
Manage episode 501193814 series 3645668
Chinese automaker Xpeng (XPEV) demonstrated revenue growth in its latest earnings. Karl Brauer says they seem to keep launching high value vehicles and technology. He calls the company a “BYD Part 2” saying he’s impressed they are accomplishing this growth in the highly competitive China market. Karl says the big question remains in Xpeng’s big capex spend, saying people will want to see profitability growth within the next 4 quarters. Across the global EV landscape, he believes medium to near term doesn’t look good for companies like Lucid (LCID) and Rivian (RIVN) as U.S. tax incentives disappear.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – / schwabnetwork
Follow us on Facebook – / schwabnetwork
Follow us on LinkedIn - / schwab-network
About Schwab Network - https://schwabnetwork.com/about
6976 episodes
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