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Will Xpeng Or Li Auto Stock Grow More By 2022?

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·2 min read
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Every week, Benzinga conducts a sentiment survey to find out what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios.

We surveyed a group of over 200 Benzinga investors on whether shares of Xpeng (NYSE: XPEV) or Li Auto (NASDAQ: LI) stock would grow the most by 2022.

XPeng Vs. Li Auto Stock

Xpeng is one of China’s leading smart electric vehicles, or Smart EV, companies. The company was founded in 2015 with a vision to bring Smart EVs to Chinese consumers through innovation in autonomous driving, smart connectivity and core vehicle systems.

Xpeng says its EVs are crafted with the intent of appealing to the large and growing base of technology-savvy middle-class consumers in China.

Li Auto is an innovator in China's new energy vehicle market. The company designs, develops, manufactures and sells premium smart electric SUVs.

Li Auto is the first to successfully commercialize extended-range electric vehicles in China. It started volume production of its first model, Li ONE, in November 2019. With Li ONE, the company leverages its in-house technology to focus on smart technology and autonomous driving solutions.

Several respondents to our study shared a belief Xpeng will lead the future of the autonomous segment of electric vehicles.

"Xpeng has invested significantly into software development for autonomous driving," one reader said. "I see Xpeng cornering the Chinese EV market with their proprietary XPILOT 3.0 system attracting the most buyers in the near-term."

Overall, 59% of respondents said Xpeng will grow more by 2022, while 41% believe Li Auto will grow more by the end of next year.

This survey was conducted by Benzinga in December 2020 and included the responses of a diverse population of adults 18 or older.

Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from over 200 adults.

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© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.