Xpeng’s Uncertain Outlook
The share price of Chinese electric-vehicle (EV) maker XPeng [9868.HK] has a very wide price-target gap, Bloomberg reported, with analysts anticipating anywhere between a rise of 172% and a drop of 75% over the next 12 months. “There is some split in the market over XPeng’s outlook given the fierce price wars in China,” according to Steven Leung, Executive Director at UOB Kay Hian Hong Kong [U10.SI]. Meanwhile, Singapore start-up Singauto…
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