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Benzinga
Benzinga
Business
Rachit Vats

Cathie Wood Is Backing This Chinese EV Maker — Here Is How It Fared Against Rivals In February Deliveries

Cathie Wood Xpeng NYSE NIO Li Auto Nio Inc Li Auto Inc Xpeng Inc

Xpeng Inc (NYSE:XPEV) on Tuesday reported higher monthly delivery numbers than those of the close local rival Nio Inc (NYSE:NIO) but lagged behind those of Li Auto Inc (NASDAQ:LI).

What Happened: The Guangzhou, China-based Xpeng said it delivered 6,225 electric vehicles last month, a decline of 51.8% over January and a jump of 180% over Feb. 2021.

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