5 Best EV Stocks To Buy For 2024

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In this piece, we will take a look at the five best EV stocks to buy for 2024. If you want to learn about the recent trends in the EV industry, then read 12 Best EV Stocks To Buy For 2024.

5. Li Auto Inc. (NASDAQ:LI)

Number of Hedge Fund Investors In Q3 2023: 28

Li Auto Inc. (NASDAQ:LI) is a sizeable Chinese electric vehicle firm that sells SUVs. Like other Chinese EV companies, the firm maintained its growth trajectory in November as its deliveries jumped by 172% annually.

By the end of Q3 2023, 28 out of the 910 hedge funds part of Insider Monkey’s database had bought Li Auto Inc. (NASDAQ:LI)’s shares. Jim Simons’ Renaissance Technologies owned the largest stake among these which was worth $324 million and came via 9 million shares.

Follow Li Auto Inc. (NASDAQ:LI)

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