Includes major US listed companies involved in the manufacture and sale of electric vehicles. With growing environmental concerns such as the impacts of climate change, many governments and consumers are prioritizing the use of clean energy and reducing carbon emissions. EVs rely on advanced technologies such as battery storage, charging infrastructure, and autonomous driving. Investing in EV stocks offers exposure to companies in these key technological and sustainable advancements, and helps investors benefit from potential growth opportunities. Many governments are offering incentives for the purchase of EVs, including tax credits and subsidies, to encourage the adoption of cleaner vehicles. This support can create a favorable environment for EV manufacturers and suppliers, potentially leading to higher profits and improved stock market performance.
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Xpeng saw a new delivery record last month, with hot sales of the new models P7+ and Mona M03.
The company delivered 30,895 vehicles in Nov, the first time it has surpassed the 30,000 mark and the third consecutive month of record highs, according to data it released.
This is up 54.16% from 20,041 in the same period last year and up 29.18% from 23,917 in Oct.
In the Jan-Nov period, Xpeng delivered 153,373 vehicles, u...
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