5 Best EV Stocks To Buy in 2024

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In this piece, we will take a look at the five best EV stocks to buy in 2024. For our detailed overview of the electric vehicle industry, check out 13 Best EV Stocks To Buy in 2024.

5. Li Auto Inc. (NASDAQ:LI)

Number of Hedge Fund Investors In Q4 2023: 31

Li Auto Inc. (NASDAQ:LI) is a Chinese electric vehicle company headquartered in Beijing, China. It’s also one of the strongest rated EV stocks on our list, since not only are the shares rated Strong Buy on average,  but the average share price target of $51.72 prices in a juicy upside as well.

During Q4 2023, 31 out of the 933 hedge funds tracked by Insider Monkey’s research had bought Li Auto Inc. (NASDAQ:LI)’s shares. Jim Simons’s Renaissance Technologies was the largest stakeholder, courtesy of its $331 million investment.

Follow Li Auto Inc. (NASDAQ:LI)


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