Xpeng surpasses Li Auto in market cap as EV makers’ growth paths diverge
From January to September, Li Auto‘s deliveries fell 13.07 percent year-on-year, while Xpeng surged 217.77 percent. For most of the past two years, Li Auto has held the highest market capitalization among China’s EV trio. Xpeng (HKG: 9868) has surpassed Li Auto (HKG: 2015) in market capitalization as the two companies have demonstrated starkly different…