Jim Cramer - Mad Money XPeng XPEV-N DON'T BUY Nov 11, 2020

EV manufacturer out of China, so still some ADR risk. In his bullpen, but his preference is NIO. NIO has an interesting battery as a subscription service model. A large part of EV cost is the battery. NIO's model lets people swap their battery when it runs out, and so the upfront cost is much lower. TSLA is his favourite EV stock, which should do well in China. TSLA is now manufacturing in China, and so skirting around import costs and being more competitive. Chinese government could make sure a Chinese company, NIO or another, wins the market.