2 EV Stocks That Are Set to Keep Growing; Analyst Says ‘Buy’

MarketWatch

XPeng’s stock rallies after October deliveries update, Li Auto’s slip

Shares of XPeng Inc. rallied 2.7% in premarket trading Monday, after the China-based electric vehicle maker reported a more than tripling in October deliveries as it surpassed the 10,000 mark despite the challenges faced by the semiconductor shortage. The company delivered 10,138 EVs, up 233% from a year ago, including 6,044 P7 sports sedans, 3,657 G3 and G31 SUVs and 437 P5 family sedans. Year to date, the company said it has delivered 66,542 EVs, up 289% form a year ago. Separately, Li Auto In