Electric Car Maker - Comparisons between TSLA, NIO, XPEV, LI
TSLA, NIO, XPEV, LI comparison
Tesla (TSLA)
+ Good in AI and autonomous self-driving
+ Has complete energy solution and many charging stations
+ New technology, reliable, very good performance
+ Highest EV sales in China
+ Having factory in China and able to scale up fast to fulfill customer orders
- Very expensive
- Range is lower than competitors
Nio (NIO)
+ No.1 China local EV company
+ Highest car delivery among China EV company
+ Has multiple energy solutions
+ Able to swap the battery in less than 10 mins (compare to Tesla full charge can take up to 75 mins)
+ Highest cash flow among China EV as China government bailed NIO out once in 2019
+ Seen as China Tesla
- Car price range is no. 2 highest after Tesla
- Less public charging station compare to Tesla
- Currently only have 160 battery-swapping station in China
- Does not own a factory. NIO partner with JAC to have factory capability to manufacture it
Xpeng (XPEV)
+ Car price is cheaper than NIO and TSLA
- 2nd place in China local EV after NIO
- Still don't have the smart autonomous driving capability
- Car delivery is lesser than NIO and TSLA
- Less cash flow
LI Auto (LI)
+ Cheapest among all
+ Combine petrol and battery-powered
+ Longest range with dual powered (Petrol+Battery)
+ 4 dashboard screens
- Low demand and car delivery capability, but surpassing XPEV now
- Cash flow and debt could be a problem compared with other competitors
- Newest joiner to the EV car maker
Reference:
https://technode.com/2020/10/15/nio-xpeng-li-auto-your-cheat-sheet-to-chinas-listed-tesla-rivals/
https://www.globalxetfs.com/four-companies-leading-the-rise-of-lithium-battery-technology/
https://www.thomasnet.com/articles/top-suppliers/battery-manufacturers-suppliers/
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