Tag Archive: Xpeng

Analysis of BYD 2020 Annual Report: New Energy is the Growth Engine

In 2020, The COVID-19 outbreak dealt a heavy blow on the global economy, but the New Energy Vehicle industry has embraced a good time. As Tesla sales volumes booming, the market capital of Tesla has also skyrocketed in 2020. Other NEV vendors has a similar journey, such as BYD, NIO, xPeng, etc. However, we should not take BYD just as NEV vendor. BYD has played a significant role in industries related to electronics, automobiles, new energy and rail transit. From energy…
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Three Chinese Electric Vehicle maker NIO, Li Auto, XPeng were IPO in US Market, Who will Be Tesla of China?

In China, everything is changing fast, especially in the technology. Now, AI+Big Data+Cloud is radically transforming the Chinese traditional industries.  Compared with other traditional industries, Car industry has been through a lot of change since Tesla was born.  First,Chinese car industry is already matured, and the growth is negative in recent years. The overall sales volume of car reached top in 2017 at 29M, and gradually reduced to 25M in 2019.  Second, in recent years, Chinese government is pushing the…
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