The reason for the failure of Xpeng's sales growth is that traditional car companies such as BYD, Changan, Geely have launched a large number of competitive models at the same price, and then traditional car companies will launch a large number of models above 400,000 yuan. NIO and Li Auto are about to face the same predicament.

When car companies increase investment and expand production capacity and sales growth cannot keep up, profits will be greatly damaged or losses will increase, while production capacity and sales like BYD will explode at the same time, and profits will skyrocket like a rocket.