$Li Auto (LI.US)$$NIO Inc (NIO.US)$$XPeng (XPEV.US)$ This is...

$Li Auto (LI.US)$ $NIO Inc (NIO.US)$ $XPeng (XPEV.US)$ This is the standard Feb report dip that you see every year with Chinese companies. China effectively shuts down for over a week in Feb due to Chinese New Year. Great time to buy if you're looking to accumulate more, but add slowly... last year it dipped particularly hard because EV sector as a whole was crashing simultaneously (-20% to -30% selloff first week of March). I suspect this year's dip will be less extreme given the state of EV in general.

FYI - rising oil prices is a catalyst for EV demand. Chinese EV makers are the fast growing EV firms in the world. XPEV in particular is an intriguing opportunity today.