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NIO vs. XPeng: Which Chinese Electric Vehicle Stock Is a Better Pick for 2022?

January 11, 2022
Source: wealthcreationinvesting.com wealthcreationinvesting.com
News Snapshot:
[post] ] NIO (NIO) and XPeng (XPEV) are two China-based electric vehicle giants that are poised to outpace the broader markets in 2022. Both these stocks are trading significantly below all-time highs, making them interesting contrarian bets for growth investors. Let’s see which between the two stocks is a winning investment for 2022. China is the world’s largest electric vehicle (EV) market. A report from Mordor Intelligence estimates China’s EV market to grow at an annual rate of 31% between 2021 and 2026 after touching $98 billion in 2019. The Chinese government is focused on lowering exhaust emissions to combat...
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