There are a couple of things for XPeng investors to look forward to. XPeng does have new models such as the G6 SUV, which should see deliveries begin in the summer. The new SUV, which is expected to see pricing starting at about $28,000, is based on next-generation technology architecture and could stimulate interest in Xpeng's product line. Moreover, the new tech architecture called Smart Electric Platform Architecture 2.0 is expected to reduce the cost of development and manufacturing for future models. However, this may not be enough to turn around the company's stock. Even at the current market price of a little over $8 per share, XPeng stock trades at 1.6x projected 2023 revenues, which could be perceived as high for an automaker that is seeing declining sales and remains loss-making. Check out our analysis on Nio, XPeng & Li Auto: How Do Chinese EV Stocks Compare? for more details on how XPeng stock stacks up versus its peers Nio and Li Auto.