Seeing ResilienceOver 100 days in consolidation and still unable to drop below $27. OK to add at this level too. At above $40, you can ride the upside momentum quickly.
XPEV/N trade ideas
XPeng Says P5 Had 6,159 Orders in 24 Hours of Official LaunchThe company said that 54 percent of those orders were for the LiDAR-equipped models.
XPeng Motors said Friday that it accumulated 6,159 orders for its new sedan, the P5, in the first 24 hours of its official launch.
The company announced Wednesday evening Beijing time that the P5 became available for order in China in six configurations with a subsidized price range of CNY 157,900 (USD 24,500) to CNY 223,900, and deliveries will begin in late October.
XPeng said today that 90 percent of these new orders are for models that support XPILOT 3.5 and XPILOT 3.0, its autonomous driving assistance system.
It's worth noting that this does not mean that all of these customers are subscribed to the XPILOT system, as they will need to spend additional money. XPeng did not disclose the percentage of customers who subscribed to the service.
XPeng debuted a new naming scheme for the P5 model, with the P representing the model's highest level of intelligence, followed by the E and G. The numbers in the names of the different models represent their NEDC ranges.
The P series, with the highest intelligence rating, offers a choice of 550 km and 600 km NEDC ranges, while the E and G series both offer a choice of 460 km and 550 km ranges.
Among these models, only two models of the P series are equipped with LiDAR, priced at CNY 199,900 and 223,900 respectively.
They can allow users to pay for a subscription to XPILOT 3.5 at a standard price of CNY 45,000, and users will be able to enjoy a discounted price of CNY 25,000 if they subscribe before delivery.
The two E series models are priced at CNY 177,900 and CNY 192,900 respectively. They allow users to pay for a subscription to XPILOT 3.0 at a standard price of CNY 36,000, and users will be able to enjoy a discounted price of CNY 20,000 if they subscribe before delivery.
The two models of the G series are priced at CNY 157,900 and CNY 172,900 respectively and do not support the XPILOT system.
This article was first published by Phate Zhang on CnEVPost, a website focusing on new energy vehicle news from China.
XPEV longXPEV daily pennant forming. Will be playing this from bottom of trend line for a possible continuation at $46 in a few months. Stop loss below bottom trendline.
XPeng Launches P5 Sedan with Starting Price around USD 24,500The company has secured a supply partnership with SK Innovation (SKI), a South Korean power battery supplier, which will provide it with high nickel-based Li-ion batteries with 80% nickel content.
After two months of pre-sales, XPeng Motors' new sedan, the P5, officially went on sale on September 15 at prices several thousand CNY lower than the pre-sale prices.
XPeng announced at a press conference on Wednesday that the P5 is immediately available for order in China in six configurations with a subsidized price range of CNY 157,900 (USD 24,500) to CNY 223,900, and deliveries will begin in late October.
The exact post-subsidy pricing for these models is as follows:
600P CNY 223,900
550P CNY 199,900
550E CNY 192,900
460E CNY 177,900
550G CNY 172,900
460G CNY 157,900
For comparison, XPeng's flagship sedan, the P7, has a starting price of CNY 229,900. The P5 went on pre-sale on July 17 with a price range of CNY 160,000 (USD 24,700) to CNY 230,000.
XPeng debuted a new naming scheme on the P5 model, with P representing the model's highest level of intelligence, followed by E and G. The numbers in the names of the different models represent their NEDC range.
The P series with the highest intelligence level offers 550 km and 600 km NEDC range options, while the E series and G series both offer 460 km and 550 km range options.
The battery for the 460 km range model is a lithium iron phosphate battery, while the 550 km and 600 km versions are ternary lithium batteries.
XPeng previously boasted that the P5 is the world's first LiDAR-equipped model, but it is worth noting that only the P Series is equipped with this component, while the E Series and G Series models are not equipped with LiDAR.
In terms of intelligent configuration, the P series comes with XPILOT 3.5 driver assistance system, the E series comes with XPILOT 3.0, while the G series does not offer this system.
The XPILOT 3.5 enables the extension of NGP (Navigation Guided Pilot) from highways to city roads.
The standard price of XPILOT 3.5 is CNY 45,000, and subscribers will be able to enjoy a limited-time discounted price of CNY 25,000 if they subscribe before delivery. The standard price for XPILOT 3.0 is CNY 36,000 and 20,000 if users subscribe before delivery.
The urban NGP will allow high precision navigation and assisted driving, adapted to China's challenging urban road conditions.
NGP will also be upgraded to NGP-L - a highway NGP with LiDAR - to enable safer and more capable assisted driving on China's highways and expressways, the company said.
XPeng's existing ACC and LCC systems will also be upgraded and enhanced to ACC-L and LCC-L status in P5, which incorporates LiDAR to enable P5 to identify congested vehicles earlier and stationary vehicles more accurately.
"With the P5, we have delivered a new level in sophistication and technological advancement for smart EVs in China, at a competitive price point," said He Xiaopeng, Chairman and CEO of XPeng.
"We believe this is an age of intelligence, and that intelligence will redefine mobility as a whole. Now we have made the best-in-class smart family sedan available at the CNY 200,000 price range, bringing some of the most advanced driver assistance functionality to China's vast and fast-growing middle-class consumer base," He said.
"We have drawn inspiration from customers' feedback, especially during the pandemic, and from the best models in the conventional family sedan and recreational vehicle (RV) class, while taking functionality and features to a whole new level," He added.
This article was first published by Phate Zhang on CnEVPost, a website focusing on new energy vehicle news from China.
XPeng Says Its Supercharging Stations Reach 400XPeng expects to expand its supercharging stations to dozens of cities, including Taiyuan, Tangshan, Nantong and Luoyang, within the next three months.
XPeng Motors said Tuesday it put 102 new supercharging stations into operation in August, bringing the total to 400, covering 101 cities in China.
Sixteen of those superchargers are located in highway service areas, bringing it to 27 superchargers in highway service areas, XPeng said.
The company added 36 new destination charging stations in August, bringing the total to 81, it said.
To date, the total number of XPeng-branded supercharging stations and third-party supercharging stations where users can enjoy a certain amount of free charging benefits is 1,596, the company said.
In comparison, XPeng's local counterpart NIO put 87 new battery swap stations into operation in August. It also added 56 supercharging stations and 73 destination charging stations in August.
In addition, NIO added one NIO House, 13 NIO Spaces, and three NIO Service Centers in August.
As of September 13, NIO had 445 battery swap stations, 300 fast charging stations, and 502 destination charging stations, according to CnEVPost database.
XPeng announced on July 12 that it is reducing the free charging allowance of 3,000 kWh per year offered to subscribers to 1,000 kWh per year as of August 1.
As XPeng customers continue to expand, the reduction in the free charging allowance is to ensure that the XPeng supercharging system can provide better and sustainable replenishment services to customers, the company explained, as quoted by sznews.com.
This article was first published by Phate Zhang on CnEVPost, a website focusing on new energy vehicle news from China.
$XPEV 2 Months Bull Flag$XPEV 2 month bull flag with defined pivot right around the 50 MA. $42.50 is the level to watch
*vol drying up (blue box)
*OBV holding strong at around the highs from the most recent run
XPeng Delivered 7,214 Vehicles in Aug, Up 172% from a Year AgoXpeng P5 will officially go on sale on September 15, and deliveries will start at the end of October.
XPeng Motors delivered 7,214 vehicles in August, up 172 percent year-over-year and down 10 percent from July.
The company delivered 6,165 P7s and 1,049 G3s in July.
2021 year-to-date deliveries reached 45,992 vehicles, representing a 334 percent increase year-over-year. P7 deliveries continued to strengthen, achieving a record month in August and a 209 percent increase year-over-year.
The production preparation and switching of G3i is expected to have an impact on G3 and G3i’s production and delivery for a few weeks, XPeng CEO He Xiaopeng said during the company's second-quarter earnings call.
"We plan to start deliveries at the end of August and will increase delivery scale in the next quarter," He said.
This article was first published by Phate Zhang on CnEVPost, a website focusing on new energy vehicle news from China.
XPEV Symmetrical triangleXPEV is squeezing inside a symmetrical triangle in the daily TF.
$42.50 will be a pivot price point in my opinion, and a break could open a leg towards $50
XPeng Analysis 03.09.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next days/weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I would also appreciate, if you would smash that like button and help me to create more free analysis like that.
Thank you for watching and I will see you tomorrow!
XPEV DailyNYSE:XPEV daily looks ready to break the top trendline.
EMA's accelerating upwards together
MACD positive and accelerating
Formed a nice base with multiple rounded bottoms throughout July and August
Double Bottom at XPeng Inc. (XPEV)The Chinese manufacturer of electric cars, which clearly, at least, look better than Tesla :)
On August 26, XPeng reported good revenue.
According to the technique, we have a beautiful double bottom, takeaway and at the moment accumulation, which is held from above by the resistance line.
The nearest target for the Fibonacci extension (and visually) is 59.06. You
can try to open a long position with a small volume now with an eye to averaging on support.
Or wait for the breakout of the trend line and still get a good movement up to 59.06 (~37%).
XPEV BULLISH WITH CONSOLIDATIONAll the buying prices. trend is neutral with consolidation. all the stocks are trying to absorb the market sentiments and news. its my research work not an financial advise. good luck.
XPeng Analysis 18.08.2021Hello Traders, here is a full analysis for this asset. The entry will be taken only, if all rules of your trading plan are satisfied.
Therefore I suggest you keep this pair on your watchlist and see if all of your rules are satisfied.
Leave your thoughts in the comment section, I will reply to every single one of them.
P.S. Tell me which asset you want me to break down next and I will cover it in my next analysis
_____________________________________________________________________________________________________________________________________________________________________
What are the support levels for XPEV?If it closes below 34 then it could crash to 24.
this means -37% and it is highly likely that it is going to happen in the next 3 months!
XPEV looking weak right nowchina plays still look pretty weak compared to a lot of other plays. under 40.4 and we can see another leg down to 39.3 and potentially lower. be careful if you are long here! goodluck :) leave a like and follow for more.
Xpeng Delivered Record 8,040 Vehicles in JulyThe company plans to have the P5 officially available in the third quarter of 2021, with deliveries expected in the fourth quarter of 2021.
XPeng Motors delivered 8,040 vehicles in July, its highest monthly delivery record, up 228 percent year-over-year and up 22 percent from June.
The company's flagship sedan, the P7, delivered 6,054 units in July, the highest monthly delivery record since its launch, XPeng's data released Monday showed. Cumulative deliveries of P7 reached 40,612 units since its launch in July 2020.
XPeng's compact SUV, the G3, delivered 1,986 units in July.
As of July 31, the company's total deliveries for the year reached 38,778 units, up 388 percent year-over-year.
XPeng previously said the P7 sedan with lithium iron phosphate (LFP) batteries has seen strong demand since its launch in March this year. Deliveries of the model began in May, with sales increasing 27 percent in that month compared to April.
In March, XPeng announced the launch of the P7 and G3 with LFP batteries, with deliveries of the former starting in May and the latter in April.
The new P7 is available in two variants a combined range of 480km.
The new P7 is equipped with Xmart OS in-vehicle intelligence system, with the lower-priced version equipped with XPILOT 2.5 + automatic driving assistance system, priced from CNY 229,900 (USD 35,600).
The higher-priced version is equipped with XPILOT 3.0 automatic driving assistance system, priced from CNY 239,900.
Together with the newly released model with LFP battery, the XPeng P7 is now available in four models: rear-wheel drive standard range, rear-wheel drive long-range, rear-wheel drive extra long range and four-wheel-drive high performance. Their price range covers CNY 229,900 to CNY 339,900.
This article was first published by Phate Zhang on CnEVPost, a website focusing on new energy vehicle news from China.
2022 Might Be a Winning Year for XpengOn July 7, 2021, the company was listed on the main board of the Hong Kong Stock Exchange under the code '9868.'
● We estimate Xpeng's 2022 revenue to show the value of the stock.
● The methodology includes the forecast of sales of P7, G3&G3i and the upcoming P5 and SUV models.
● The results indicate that the stock is currently fairly priced.
● Risks primarily come from supply chain and market regulation, but remain controllable.
With the current global chip shortage, most major auto OEMs have suffered from a lack of electronic supplies. Amid these concerns, China's EV sales are burgeoning, with light EV sales hitting 241,000, or 15% of total light vehicles sales in June, 2021. Among the country's EV pioneers, Xpeng (XPEV:NYSE) has recently presented some positive results: its half-year delivery number has surpassed last year's figure. This article presents a forecast of the company's EV sales in 2022 and evaluates its stock by analyzing each model of Xpeng and using the valuation multiples.
Model-level breakdown
● P7 is Xpeng's hit product. Simplifying the modelling, we project the sales of P7 to increase by 184, 100 and 50 units month-on-month until 2023; 184 is the average monthly increase since the model's launch, while the incremental decrease is due to the upcoming P5 and 2022 SUV models. The average selling price will be around CNY 250,000, the same as in 2020.
● G3&G3i are the oldest models of Xpeng. The updated version G3i transformed into a more unified family design and attracted more sales. We estimate G3 and G3i will keep lifting sales volume by 46 per month during the same period. The average selling price will be around CNY 150,000 per unit.
● P5 will shoulder the company's expectations to become a family sedan. We estimate P5's first-month delivery number in October will be at around 1,000, referring to P7's data. Then the delivery figure will increase by 143 units per month, of which 100 will be at the cost of P7 sales declining, as the two models compete with each other, and 43 is organic growth. Based on the official price starting from CNY 160,00 to 230,000, we predict the ASP will be at CNY 190,000.
● Xpeng is planning to launch a new SUV model. The SUV has a family design 'X' logo that brings its length to 4,800 mm. The car design shares the same platform as the P7, the Edward platform. In addition, it will be equipped with premium specifications like XPilot 4.0 and air suspension. Some industry experts predict the price will be around CNY 300,000. We assume Xpeng will finish its launch day by September 2022. The first-month sale will be 300 units, which will increase by 145 units per month similar to the sales trajectory of NIO's ES6.
● Apart from EV sales, other services will account for 5% of total revenue. The 2022 EV sales won't be significantly impacted by the chip shortage.
To sum up, Xpeng's 2022 revenue is projected to reach USD 4.3 billion (CNY 28 billion). Specifically, the company will sell 122,253 vehicles to make USD 4.1 billion topline, and USD 0.25 billion will be from other services. According to the Street's expectations, the stock is priced at 16, 8.8, 5.6, 4, 2.9 forward PS ratios by 2025. We select 9x as the 2022 multiples. Thus, the market cap will be USD 38.7 billion, around 10% up from the market cap on July 27, 2021.
Risks
Although the expectations for Xpeng are rather bright, the whole industry is facing the chip shortage problem – that is also the biggest threat to Xpeng. For NEV companies, production is challenging while orders are packed. Through our research, we found that most auto stakeholders in China expect the imbalance to last through 2021, affecting the global light-vehicle sales by 2.5-5.0%, but recover slightly in 2022.
The edtech sector's regulatory update drove the recent sell-off in Chinese concept stocks. However, this crackdown won't be a long-term issue for EV innovators like Xpeng. According to Bloomberg, the government's motivation is to cut family workloads to turn the declining birth rates up. On the other hand, the 'Made in China 2025' scheme supports EV development radically. So the policy will rather play a positive role in the new energy vehicle market in the long term.
Conclusion
Up to the present, Xpeng has been on the right track, leveraging business through unified family designs, new stores opening, capacity boost and charging facilities build-up. The company's 2022 revenue would be a realistic basis for stocks to start . The most significant potential risk at present is the capacity problem caused by supply chain shortages. Investors should keep an eye on this topic in the company's upcoming Q2 earnings conference.
2022 Might Be a Winning Year for Xpeng – and the Stock Is FinallOn July 7, 2021, the company was listed on the main board of the Hong Kong Stock Exchange under the code '9868.'
We estimate Xpeng's 2022 revenue to show the value of the stock.
The methodology includes the forecast of sales of P7, G3&G3i and the upcoming P5 and SUV models.
The results indicate that the stock is currently fairly priced
Risks primarily come from supply chain and market regulation but remain controllable.
With the current global chip shortage, most major auto OEMs have suffered from a lack of electronic supplies. Amid these concerns, China's EV sales are burgeoning, with light EV sales hitting 241,000, or 15% of total light vehicles sales in June, 2021. Among the country's EV pioneers, Xpeng (XPEV:NYSE) has recently presented some positive results: its half-year delivery number has surpassed last year's figure. This article presents a forecast of the company's EV sales in 2022 and evaluates its stock by analyzing each model of Xpeng and using the valuation multiples.
Model-level breakdown
P7 is Xpeng's hit product. Simplifying the modelling, we project the sales of P7 to increase by 184, 100 and 50 units month-on-month until 2023; 184 is the average monthly increase since the model's launch, while the incremental decrease is due to the upcoming P5 and 2022 SUV models. The average selling price will be around CNY 250,000, the same as in 2020.
G3&G3i are the oldest models of Xpeng. The updated version G3i transformed into a more unified family design and attracted more sales. We estimate G3 and G3i will keep lifting sales volume by 46 per month during the same period. The average selling price will be around CNY 150,000 per unit.
P5 will shoulder the company's expectations to become a family sedan. We estimate P5's first-month delivery number in October will be at around 1,000, referring to P7's data. Then the delivery figure will increase by 143 units per month, of which 100 will be at the cost of P7 sales declining, as the two models compete with each other, and 43 is organic growth. Based on the official price starting from CNY 160,00 to 230,000, we predict the ASP will be at CNY 190,000.
Xpeng is planning to launch a new SUV model. The SUV has a family design 'X' logo that brings its length to 4,800 mm. The car design shares the same platform as the P7, the Edward platform. In addition, it will be equipped with premium specifications like XPilot 4.0 and air suspension. Some industry experts predict the price will be around CNY 300,000. We assume Xpeng will finish its launch day by September 2022. The first-month sale will be 300 units, which will increase by 145 units per month similar to the sales trajectory of NIO's ES6.
Apart from EV sales, other services will account for 5% of total revenue. The 2022 EV sales won't be significantly impacted by the chip shortage.
To sum up, Xpeng's 2022 revenue is projected to reach USD 4.3 billion (CNY 28 billion). Specifically, the company will sell 122,253 vehicles to make USD 4.1 billion topline, and USD 0.25 billion will be from other services. According to the Street's expectations, the stock is priced at 16, 8.8, 5.6, 4, 2.9 forward PS ratios by 2025. We select 9x as the 2022 multiples. Thus, the market cap will be USD 38.7 billion, around 10% up from the market cap on July 27, 2021.
Risks
Although the expectations for Xpeng are rather bright, the whole industry is facing the chip shortage problem – that is also the biggest threat to Xpeng. For NEV companies, production is challenging while orders are packed. Through our research, we found that most auto stakeholders in China expect the imbalance to last through 2021, affecting the global light-vehicle sales by 2.5-5.0%, but recover slightly in 2022.
The edtech sector's regulatory update drove the recent sell-off in Chinese concept stocks. However, this crackdown won't be a long-term issue for EV innovators like Xpeng. According to Bloomberg, the government's motivation is to cut family workloads to turn the declining birth rates up. On the other hand, the 'Made in China 2025' scheme supports EV development radically. So the policy will rather play a positive role in the new energy vehicle market in the long term.
Conclusion
Up to the present, Xpeng has been on the right track, leveraging business through unified family designs, new stores opening, capacity boost and charging facilities build-up. The company's 2022 revenue would be a realistic basis for stocks to start. The most significant potential risk at present is the capacity problem caused by supply chain shortages. Investors should keep an eye on this topic in the company's upcoming Q2 earnings conference.
For the full article with the charts, please visit the original link.
