5 EV Winners Of Trump’s Softened Stance On China Tariffs

2. XPeng Inc. (NYSE:XPEV)

XPEV stock is on a roll with a 60% performance in the last year. Earlier this month, the company reported a 52% YoY surge in vehicle deliveries which was quite impressive. The management believes this trend should continue, especially with the recent launch of its M03 and P7+ models.

Even though the company has had negative margins up until recently, it is still well supported by a cash buffer of $5.09 billion. This enables the company to aggressively pursue its ambitions without worrying about funds. This financial strength is one reason for the company’s optimistic plan to expand to 60 markets globally in 2025 from the current 30. As long as Trump doesn’t spoil the plans, the company should be able to pull this off.