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$XPeng Inc.(XPEV)$ $BYD Co., Ltd.(BYDDY)$

ED CARSON

Xpeng Stock

Xpeng makes the G3 small SUV, the P7 sedan and the smaller P5 sedan. The P5 sedan, officially launched in mid-September, is the first production car to come with Lidar. On Nov. 12, Xpeng unveiled the G9 SUV, saying it's targeted for international markets. The fast-charging SUV is due to launch in Q3 2022.

The EV maker has now opened P5 reservations in Norway, Denmark, Sweden and the Netherlands. Xpeng already sells some G3 SUVs and P7 sedans in Norway.

XPeng delivered 15,414 EVs in March, up 202% vs. a year earlier and a 148% increase vs. February. Q1 deliveries hit 34,561 vehicles. That topped company forecasts for 33,500-34,000 EVs in Q1 and implied March deliveries of around 14,600.

BYD Stock

BYD Co. is the biggest pure-play Chinese EV maker, making electric cars and buses, as well as many hybrids. It's also a major EV battery maker. Warren Buffett'sBerkshire Hathaway(BRKB) is a longtime investor.

Notably, BYD is profitable, in sharp contrast to Li Auto, Nio and Xpeng Motors.

The automaker is now conservatively targeting 1.5 million in sales, or up to two million if supply constraints ease.

BYD recently teased several new models. The BYD Seal is part of the Ocean line of EVs named after ocean animals, following the BYD Dolphin's strong debut late last year. Both are headed for Australia under the "Atto" brand over the next year.

The Seal is a Model 3 rival, but significantly cheaper.

The BYD Destroyer, also a sedan, is part of a new Warship line of DM-i hybrids. BYD also showed some early images of another Warship hybrid, a midsized SUV that could be a cheaper alternative to Li Auto's Li One.

Resource: Finance Yahoo