XPeng

On Monday, XPeng's stock price surged more than 30% and its market capitalization exceeded $50 billion, surpassing Baidu.

The shares of the three Chinese EV giants recently listed in the U.S. have all skyrocketed. Matrix Partners China, a leading venture capital (VC) firm that has backed major Chinese tech firms at their early stages, released their thoughts in an article published Wednesday.

The CPCA said there seems to be no other carmaker that can catch up with Tesla's development line like the new Chinese carmakers, and the reaction of US investors is a recognition of this move and future trends.

Lidar will help XPeng break through some of the boundaries of existing autopilot, improve vehicle safety and better adapt to the complexity of domestic roads, he said.

Chinese electric car company WM Motor has signed a tentative agreement with Uber to export the WM EX5 to more than 10 European countries, including the United Kingdom, as an optional vehicle for Uber's drivers, Sina Tech said, citing sources.

In the third quarter, China's new energy vehicle market has gradually emerged from the impact of less subsidy and Covid-19, and the penetration rate of the new energy vehicle market has been increasing.

From the experience of NIO, Li Auto, and XPeng, success in the new energy vehicle market requires the ability to build their own distinctiveness.

Whether it's the XPeng P7, Li ONE, or NIO's ES8 and EC6, their prices overlap with or are higher than those of the China-made Tesla Model 3.

"Starting next year, in the Chinese autopilot field, you have to be prepared to be beaten by us to find out where the East is," XPeng CEO He Xiaopeng said.

Dawn has come for NIO, Li Auto, and XPeng, analysts say.