Do it’s a must to buy the Xpeng stock (NYSE: XPEV) now? Proper here’s a few information that can assist you resolve.Guangzhou, China-based electrical automotive agency Xpeng Inc. (NYSE: XPEV) simply recently went public on the NYSE and its IPO went considerably properly whatever the tensions between the U.S. and China. When the company went public, it purchased 99.7 million American Depositary Shares ADS) at $15 each, which raised about $1.5 billion. Initially, the company was planning to advertise 85 million shares at price guidance of between $11 and $13.By going public, it permits Xpeng to have additional entry to elevated portions of capital, which may be needed to efficiently compete in direction of corporations like Nio, WM Motor, Li Auto, and Tesla.In the intervening time, Xpeng sells two electrical vehicles, along with the G3 SUV and the P7 sedan. The manufacturing of the G3 SUV started in November 2018 and as of July 31, Xpeng delivered 18,741 of them to purchasers. And deliveries of the P7 started in May 2020, which observed over 1,966 deliveries since then.In 2019, Xpeng’s revenue was $328.54 million, of which $307.32 million was from automotive product sales. And the 2019 entire price of product sales was $407.55 million. The working loss for the company was $535.11 million and web earnings loss was $522.53 million. Though the company is working at a giant loss, it’s worth considering how prolonged it took Tesla to point out a income. Tesla had turned its first annual income inside the final Three months of 2019 after being public for 10 years and the company was initially primarily based in 2003. Subsequent yr, Xpeng may be planning to launch a model new sedan adopted by a much bigger SUV in 2022.A couple of of Xpeng’s consumers earlier to the company going public embody Jack Ma, Xiaomi, and the Qatari sovereign fund. And Xpeng is partnering with BlackBerry for the working system to be used inside the automotive’s onboard laptop computer.Xpeng (XPEV): Should I Buy It Now?Individually, Xpeng went public on the correct time. The demand for electrical vehicles has been surging and it’s estimated that China accounts for over 45% of worldwide EV product sales volumes and is already at 3.5 events greater than the U.S. market, in keeping with capital.com. And knowledge from IHS Markit is pointing to an anticipated compounded annual progress price of China EV product sales at 29.4% by the use of 2025.Xpeng may be going to reap the benefits from the enhancing economies of scale in relation to the battery price. As an illustration, the widespread price of a lithium battery cell was $131 per kWh in 2019. And it’s projected to fall by a compounded annual price of 10% for the next Three years, thus producing incremental income per unit purchased.When the company went public on Thursday, August 27, the stock price jumped 40% from $15 to $21.22. After which the stock price went up as soon as extra 7.4% from $21.22 to $22.79 on Friday.Analysts are prepared for additional data equal to quarterly earnings to make recommendations on whether or not or to not buy the stock or not. Based totally on what I’m seeing, I plan to begin out looking for shares of Xpeng this week using a buy-and-hold approach for fractional shares inside the agency and a dollar-cost averaging approach. I used the identical technique for Nio and my entire purchase for that stock has been over 24%. I strongly think about Xpeng has long-term potential based on the metrics I’m seeing.Disclosure: I wrote this textual content myself and I might not have any enterprise relationship with any agency whose stock I write about. I’m not a financial advisor and all articles are my opinion. It’s finest to do your private due diligence and take into consideration talking to a financial expert sooner than investing.