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home / news releases / XPEV - CBAK Energy: Disconnected From Reality

XPEV - CBAK Energy: Disconnected From Reality

XPeng Inc. American depositary shares each representing two Class A
  • CBAT rose over 200% in a week, as animal spirits from positive earnings in XPEV and LI led to some significant weekly gains.
  • For the YTD period, EV revenues have fallen 21.9% YoY, from 25.2% to 3.3% (as EV has generated just $0.7 million in FY20).
  • CBAT remains precarious at these levels, as revenue growth hasn't been superior and EV reliance is shrinking.

For further details see:

CBAK Energy: Disconnected From Reality
Stock Information
Company Name: XPeng Inc. American depositary shares each representing two Class A
Stock Symbol: XPEV
Market: NYSE
Website: xiaopeng.com
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