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Nio & Xpeng: Is The Worst Of The Semiconductor Crunch Over For Chinese EV Stocks?

Chinese electric vehicle majors Nio and Xpeng provided mixed delivery figures for the month of May, as they continued to be impacted by the current shortage of semiconductors. While Nio delivered a total of 6,711 vehicles in May, down 5.5% from April, Xpeng was able to grow deliveries by about 10%..

Nio, Xpeng And Li Auto: How Do Chinese EV Stocks Compare?

U.S. listed Chinese EV players Nio, Xpeng (NYSE: XPEV), and Li Auto (NASDAQ: LI) have underperformed this year, with their stocks down by roughly 30% each, since early January. So how do these stocks compare post the correction? While Nio and Xpeng remain pricier compared to Li Auto.

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