Replies to post #30 on XPeng Inc (XPEV)

[BottomBounce]

$XPEV China’s passenger car market retains huge volumes at 25+ million passenger cars sold every year, thanks to urbanization and population growth.
EV penetration in China’s auto market soars to 35% by 2030, thanks to robust government support, rising consumer demand, falling EV prices, improving EV tech and more diverse supply.

Average sales prices on the cars hover around $50,000.