https://wccftech.com/xpeng-nyse-xpev-stock-is-currently-severely-overvalued-relative-to-its-larger-peer-nio-nyse-nio/

Xpeng Motors (NYSE:XPEV), a Chinese EV manufacturer that also goes by the name Xiaopeng Motors, has largely flown under the radar of investors ever since the stock debuted on the New York Stock Exchange back in August 2020. However, the recent rally in Xpeng shares has become an impetus for wider recognition, marking the stock as an attractive alternative to its much larger counterpart, NIO (NYSE:NIO). In this post, we will attempt to explain why an entry at current price levels is very risky.

Bear in mind that investors have been betting on meteoric growth in China’s EV sector in the years to come. It is for this reason that NIO and other major Chinese EV players – including Xpeng and Kandi – have been performing so well in the stock market. The following infographic illustrates this phenomenon in detail: