5 Most Promising EV Stocks to Buy According to Analysts

4. XPeng Inc. (NYSE:XPEV)

Analyst Upside: 79.20%

On June 10, Reuters reported that XPeng Inc. (NYSE:XPEV) CEO He Xiaopeng will personally lead the company’s robotics business as the Chinese EV maker pushes toward mass production of its IRON humanoid robots by the end of 2026. In an internal letter reviewed by Reuters,  Xiaopeng said the robotics industry is becoming “increasingly hot and competitive” and that Xpeng has “clearly seen the direction and timing of victory,” but execution still requires “extremely high decision-making ability.”

Reuters said he assumed the role immediately because the corporation stands “on the eve of mass production and commercialization” of its humanoid robots.

Reuters also reported that the EV firm confirmed the resignation of robotics product planning senior director Shi Xiaoxin earlier this month. During a late-May earnings call cited by Reuters, he said IRON robots will first undergo retail-store trials before commercial deliveries begin in 2027. Robotics hardware and AI models are expected to become significant drivers of future revenue and gross margins.

XPeng Inc. (NYSE:XPEV) is China’s leading electric car manufacturer, focusing on the midrange to high-end category as well as tech-savvy clientele.