ChargePoint Holdings (NYSE: CHPT)Xpeng Motors
First up the list, Xpengâs stock has been trending of late. If you are keen on investing in the future of autonomous driving technology, and particularly lidar, XPEV stock is possibly one of your best bets in the stock market today. The company premiered its P5 smart EV at a press briefing in Guangzhou, China today. This marks Xpengâs third production model. The P5 will be the first model to feature lidar sensors to enhance its advanced driver-assist system.
Source: TD Ameritrade TOS
Although Xpeng already offers some self-driving features, the new lidar feature is worth the mention. For the uninitiated, lidar systems use laser beams to form a 3D image of the surveyed surroundings. That makes a real-time map of the environment. You donât need to be an expert to appreciate the game-changing potential with Xpeng. The company has also been delivering strong sales.Â