NIO Vs XPeng: Which Electric Vehicle Stock Is A Better Buy?

Both the companies also have sufficient liquidity to invest in growth initiatives. NIO ended 2020 with $6.5 billion in cash while XPeng’s cash balance stood at $5.4 billion.

However, given similar valuations, we believe that XPeng’s higher top-line growth rate and its targeted expansion in Europe make it a better buy currently.

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NIO shares were trading at $35.61 per share on Thursday afternoon, down $1.41 (-3.81%). Year-to-date, NIO has declined -26.94%, versus a 11.45% rise in the benchmark S&P 500 index during the same period.

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