@Omega88:
$XPeng Inc.(XPEV)$ Globally, $Tesla Motors(TSLA)$ leads all others, selling 936,000 units in 2021 (giving the company a market share of ~14%). Close behind was the Volkswagen Group (11%), BYD (9%), GM (7.6%) etc. Although China has the biggest market for EVs at 34%, there's price war among the different EVs and you can see that most of the China's EV companies are not making significant progress in their car deliveries. Taking XPeng as an example, since hitting the peak of 16k car deliveries in Dec 2021, the number has been decreasing and mostly remained stagnant at around 10k. For Q3 22, Xpeng delivered Jul22 - 11,524 cars Aug22 - 9,578 cars Sep22 - 8,468 cars Clearly, it's a challenging to scale up the car deliver