$XPeng Inc.(XPEV)$ In the last 6 years over 400 EVs companies in China file bankruptcy,Xpev is a very small player with very low sales. They overpromise and underdeliver for 10 years already. They have a very small market share in China and they are promising factories in Europe. Some people needs to believe them because they are losing sometimes a lot of money and they hope new buyers will help them recoup their money. It’s not a good time to be invested in any company from China unless you hate money.
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