1. XPeng Inc. (NYSE:XPEV)
Stock Upside Potential: 52.12%
Number of Hedge Fund Holders: 22
XPeng Inc. (NYSE:XPEV) is one of the best emerging markets stocks to buy right now. On February 9, XPeng Inc. (NYSE:XPEV) entered into a strategic partnership with Antom to launch a unified in-app payment solution for electric vehicle charging.
The two have launched an in-app payment system in Hong Kong, marking XPENG’s first push into payment opportunities on the global stage. The payment system will allow XPENG drivers in Hong Kong to initiate and pay for charging directly from the XPENG app using AlipayHK. The payment service will cover charging stations operated by Cornerstone Technologies and about 1,600 public EV chargers.
The strategic partnership is also poised to pave the way for XPENG to expand its footprint into other Southeast Asian markets, targeting Singapore, Thailand, Malaysia, and Indonesia.
Lawrence Li, General Manager of XPENG Overseas Charging, commented: “Our collaboration extends beyond charging payments – our ecosystems complement each other. By leveraging Antom and Ant International’s global user reach to drive traffic to XPENG’s branded charging stations, we can initiate broader cross-industry partnerships, bringing a richer, more engaging experience to users worldwide.”
On February 1, XPeng Inc. reported delivering 20,011 vehicles in January. The company also launched its new P7+ model across 36 countries and showcased it at the Brussels Motor Show. XPeng said these deliveries could cut greenhouse gas emissions by over 300,000 tons, equal to the carbon absorption of nearly 5 million tree seedlings over 10 years. By the end of 2025, XPeng was operating in 60 countries with a fast-growing sales network of 380 stores and more than 1,000 outlets worldwide.
XPeng Inc. (NYSE:XPEV) is a leading Chinese technology company that designs, develops, manufactures, and markets smart electric vehicles (Smart EVs). The company is heavily focused on AI-driven mobility, targeting tech-savvy middle-class consumers with vehicles that feature advanced, in-house developed software.
While we acknowledge the potential of XPEV to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than XPEV and that has 100x upside potential, check out our report about this cheapest AI stock.
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