XPEV - What's Going On With Chinese EV Stocks Nio XPeng Li Auto Monday? | Benzinga
Chinese electric vehicle (EV) stocks Nio Inc (NYSE:NIO), XPeng Inc (NYSE:XPEV), and Li Auto Inc (NASDAQ:LI) grabbed investor attention on Monday following robust May delivery numbers.
Nio reported selling 20,544 EVs in May, including 12,164 premium smart electric SUVs and 8,380 premium smart electric sedans. Nio’s sales grew by 234% year over year.
XPeng sold 10,146 EVs, including 1,625 X9s. The sales grew by 35.2% Y/Y.
Li Auto sold 35,020 vehicles in May 2024, including over 15,000 Li ...