10 Fastest Growing Consumer Stocks to Buy Now

7. XPeng Inc. (NYSE:XPEV)

On July 7, 2026, Autoliv announced that XPeng Inc. (NYSE:XPEV) and Autoliv Management signed a strategic cooperation framework agreement to support the development of safer mobility solutions for global markets. The companies said the partnership reflects their ambition to “strengthen collaboration across markets” and support future mobility development. Under the agreement, Autoliv and XPeng will expand collaboration across technology development, digitalization, supply chain coordination, sustainability, and global business expansion.

On July 1, XPeng announced vehicle delivery results for June and the second quarter of 2026. The company delivered 40,126 vehicles in June, bringing total second-quarter deliveries to 103,295 units. Deliveries of GX reached 6,739 units in June, and the model’s 10,000th unit rolled off the production line. XPeng expects to debut the XPeng MONA L03 in China on July 2, with presale starting the same day, followed by a global market launch in July.

On May 29, Macquarie analyst Eugene Hsiao upgraded XPeng to Outperform from Neutral with an unchanged $19 price target after its Q1 results. Hsiao cited the company’s margin-driven beat, with over 2 billion yuan in other revenue supported by VW technical services. Macquarie added that volume momentum is picking up and shares now have over 10% upside.

XPeng Inc. (NYSE:XPEV) designs, develops, manufactures, and markets smart electric vehicles in the People’s Republic of China and globally.

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