Over the last few weeks, we have seen some upward movement in Chinese electric vehicle (EV) stocks, especially NIO (NIO) and Xpeng Motors (XPEV), both of which have otherwise been quite beaten down. However, despite the 21% rally over the last month, XPEV is still down 43% for the year. In this article, we’ll look at the 2025 forecast for Xpeng, which is now trying to compete with BYD (BYDDY) in the budget EV market. Let’s begin by analyzing what has driven the rise in XPEV shares over the last month. Why Did XPEV Stock Rally in August?Xpeng’s Q2 earnings were reasonably good, and the company’…