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Barchart
Barchart
Mohit Oberoi

Why Xpeng Motors Is a Better EV Stock to Buy Than Nio

NIO XPENG Motors William Li XPEV ONVO

Last week, Xpeng Motors (XPEV) and Nio (NIO) released their fourth-quarter earnings, and both stocks fell after their respective reports. However, on a year-to-date basis, Xpeng Motors is outperforming Nio and other Chinese electric vehicle (EV) peers by a wide margin. In this article, we’ll analyze the recent earnings of Nio and Xpeng Motors and examine which of these is a better buy.

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