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Up around 80% for the year, XPeng Motors (XPEV) stock is outperforming not only most other Chinese electric vehicle (EV) companies but also U.S.-based rivals. However, XPEV stock has lost over 25% from its recent highs and is in bear-market territory. In this article, we’ll examine whether the stock is a buy as the company targets a breakeven in the fourth quarter and pivots to physical artificial intelligence (AI).
