XPeng Leads Chinese EV Surge in European Market with Analysts Predicting 30% Upside

Chinese EV makers, including XPeng, are gaining ground in the European market, with a 5.1% share of new vehicle registrations across 28 countries. XPeng's stock has a promising upside potential, with analysts forecasting a 30.22% growth to $24.44 by early 2025. The company's strategic expansion and state-backed advantages position it well for future success.

Chinese electric vehicle (EV) makers are making significant inroads into the European market, with XPeng leading the way. According to recent data from business intelligence firm JATO Dynamics, Chinese brands now hold a 5.1% share of new vehicle registrations across 28 European countries [1]. This growth is particularly notable for XPeng, which has seen a 200% increase in sales from 2024, selling 8,400 units in the first half of 2025 compared to 8,100 units in all of 2024 [1].

XPeng's strategic expansion and state-backed advantages position it well for future success. The company's aggressive launches of new models, such as the Xpeng G6, have contributed to its rapid growth. Additionally, XPeng's ability to introduce new models quickly and at competitive prices has helped it gain a foothold in the European market [1].

Analysts remain bullish on XPeng's stock, forecasting a 30.22% growth to $24.44 by early 2025 [3]. This optimism is driven by the company's strong performance in the European market and its ability to compete with established European manufacturers.

While XPeng leads the charge, other Chinese EV makers are also making gains. BYD, for example, sold 70,500 units in the first half of 2025, already surpassing its 2024 EU export total sales of around 57,000 units [1]. Nio, while lagging behind, is expected to launch its Firefly model in Europe, which could help boost its sales and market share [2].

The growth of Chinese EV makers in Europe is not without challenges. Established European manufacturers are losing market share, with Stellantis seeing a drop from 16.7% to 15.3% of the European market in a year [1]. However, these challenges also present opportunities for Chinese brands to further expand their presence in the European market.

In conclusion, Chinese EV makers, particularly XPeng, are gaining significant traction in the European market. Their strategic expansion, competitive pricing, and state-backed advantages position them well for continued success. Investors should keep an eye on these companies as they continue to grow and challenge established European manufacturers.

References:
[1] https://insideevs.com/news/767624/china-car-sales-h1-europe/
[2] https://cnevpost.com/2025/08/04/nio-firefly-begin-deliveries-norway-netherlands-aug-14/
[3] https://www.tipranks.com/news/lcid-vs-nio-vs-xpev-which-ev-stock-is-wall-streets-best-pick