Why XPeng, Li Auto, and Kandi Technologies Stocks All Dropped Today
Chinese electric-vehicle (EV) makers XPeng (NYSE: XPEV), Li Auto (NASDAQ: LI), and Kandi Technologies (NASDAQ: KNDI) are seeing investor interest wane after being in the spotlight for much of 2020. At the close on Thursday, XPeng was down 2.2%, Li Auto fell 2%, and Kandi Technologies was 8.4% lower. Deliveries of Li Auto's One SUV soared 755% in February versus 2019.