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Barchart
Barchart
Mohit Oberoi

1 No-Brainer EV Stock to Buy in April

Xpeng XPEV BABA China Li Auto NIO Tesla Inc. Volkswagen

This hasn’t been a pleasant year for electric vehicle (EV) companies so far, especially for Chinese players. Xpeng (XPEV) stock has lost 46% so far in 2024, and is not far from its record lows. Things have been no better for Li Auto (LI) and NIO (NIO), which have plunged amid the meltdown in Chinese EV stocks. 

Why Is Xpeng Stock Falling?

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