Chinese EV Stocks Surge: LI, NIO, XPEV, Zeekr Report Record Deliveries

1 day ago

Chinese electric vehicle (EV) stocks saw significant gains, with Li Auto (LI, Financial) rising over 6%, Zeekr up 5.6%, NIO (NIO) gaining 4.4%, and XPeng (XPEV) increasing by 3.2%.

The surge follows the release of impressive delivery figures for September. Li Auto and XPeng both reported record-high deliveries for the month. Leapmotor's monthly growth exceeded 100% year-over-year. Additionally, NIO, XPeng, and Zeekr each delivered over 20,000 units in a single month. Xiaomi Group-W achieved its delivery target of over 10,000 units for four consecutive months.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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