Why XPeng Inc. (XPEV) Is Skyrocketing

We recently compiled a list of the 10 Firms Shine Amid Wall Street’s Lackluster Trading. In this article, we are going to take a look at where XPeng Inc. (NYSE:XPEV) stands against the other stocks.

A lackluster trading persisted throughout Thursday, with Wall Street’s main indices ending the day with only marginal changes.

The Dow Jones Industrial Average dipped by 0.16 percent, while the S&P 500 shed 0.21 percent, and the Nasdaq Composite declined by 0.89 percent.

Meanwhile, 10 companies bucked an overall dull trading, having posted impressive gains. Let’s take a closer look at the top performers and explore the factors driving their exceptional results.

To come up with Thursday’s top gainers, we considered only the stocks with at least $2 billion in market capitalization and $5 million in daily trading volume.

A close-up of a luxury electric sports sedan, its sleek body reflecting the energy of progress.

XPeng Inc. (NYSE:XPEV)

Chinese automaker XPeng Inc. (NYSE:XPEV) grew for a third day on Thursday, adding 6.28 percent to close at $13.87 each as investors cheered further developments from the company’s vehicle launches.

During the Consumer Electronics Show 2025 in Las Vegas last week, XPeng unveiled the Aero HT, which it calls the “modular flying car,”—an electric minivan with a folding electric vertical takeoff and landing vehicle in the back.

XPeng Inc. (NYSE:XPEV) approach to the carrier and eVTOL follows a hybrid approach, allowing the user to drive the car and initiate a single command to release and unfold the aircraft. Once it finishes flying and landing, the aircraft then reconnects to the carrier which then folds its arms and restores the aircraft to the starting position in the trunk.

XPeng’s (XPEV) Aero HT highlighted what economies will expect from the global transportation industries in the future.

Overall XPEV ranks 7th on our list of the stocks that skyrocketed today. While we acknowledge the potential of XPEV as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than XPEV but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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Disclosure: None. This article was originally published at Insider Monkey.