NIO, XPEV, or LI: Which Chinese EV Stock Do Analysts Like Most?

Chinese electric vehicle (EV) stocks have been quite volatile in 2024. While the EV industry turmoil is playing its part, broader concerns over the Chinese economy, coupled with pessimism toward Chinese stocks among a section of the market, is not helping matters either.

Over the last few weeks, we have seen a divergence in the performance of Chinese EV stocks. NIO (NIO) has been the best of the group, and has gained over 40% during the last month.