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He Xiaopeng: Fewer Carmakers Expected to Stay on Table in Future; Next Match Point for NEV Is to Sell 1M Units/ Yr
Regarding the impact of Tesla, Inc. (TSLA.US)'s Full-Self Driving (FSD) software entry into China on the industry, He Xiaopeng, Chairman and CEO of XPENG-W (09868.HK), said at ...
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He Xiaopeng: Fewer Carmakers Expected to Stay on Table in Future; Next Match Point for NEV Is to Sell 1M Units/ Yr
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Regarding the impact of Tesla, Inc. (TSLA.US)      's Full-Self Driving (FSD) software entry into China on the industry, He Xiaopeng, Chairman and CEO of XPENG-W (09868.HK)  +5.700 (+12.063%)    Short selling $400.60M; Ratio 22.049%   , said at the opening ceremony of the 2024 Apsara Conference that different and good technologies are needed to shock the market, so as to see changes in the market.

It is estimated that fewer car companies will stay on the table in the future.

Related NewsHSBC Research Recommends XPENG, NIO, BYD COMPANY on Robust NEV Demand in CN
He believed that the next stage of the NEV market will be about who can produce and sell 1 million NEVs a year. However, this is only the entry point for the knockout tournament, meaning that those who fail to do so will be eliminated.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-09-30 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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