10 High Growth EV Stocks to Invest In

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1. Li Auto Inc. (NASDAQ:LI)

Average 5-Year Revenue Growth: 247.68%

Li Auto Inc. (NASDAQ:LI) is China’s leading manufacturer of new energy vehicles, focusing on plug-in hybrid electric sport utility vehicles for family use. The company made significant investments in its range-extension powertrain, which has become a key selling point for its cheap vehicles. Plug-in hybrid electric vehicles cost substantially less than battery electric vehicles, or BEVs, since they use fewer batteries.

Li Auto Inc. (NASDAQ:LI) remains a high growth stock due to its explosive growth path. Over 158,000 vehicles were supplied by the company in Q4 2024, setting a new quarterly record. Deliveries for the entire year topped 500,000 units, making it the first luxury Chinese vehicle brand and emerging NEV to reach this milestone. More than 373,000 deliveries were made in 2023, showing a 35% spike in sales despite the difficulties faced by other EV stocks. One major reason for this is its premium appeal, as the Li AD Max accounts for more than 80% of orders in China for models priced above $55,000.

Li Auto Inc. (NASDAQ:LI) reported that it delivered 33,939 vehicles in April, a 31.6% increase from the previous year. The firm had made 1,260,675 deliveries overall as of April 30.

Overall, LI ranks first among the 10 High Growth EV Stocks to Invest In. While we acknowledge the potential of EV companies, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than LI but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stock To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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