bullish

XPeng

Xpeng: 2Q2021Results Solid, Bright Outlook Guided

166 Views26 Aug 2021 21:53
Although Xpeng's 2Q2021 net loss was higher than that of 1Q2021, we don't view this as a concern. Because it was led by increased R&D cost and SG&A expenses for coming P5 and lately launched models.
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Victoria Li
China Specialist, Auto and Industrial Specialist
ChinaConsumer Discretionary & IndustrialsEquity Bottom-UpThematic (Sector/Industry)
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