Why These 15 Vehicles & Parts Stocks Are Surging In 2025

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4. XPeng Inc (NYSE:XPEV)

Number of Hedge Fund Holders In Q4 2024: 17

XPeng Inc (NYSE:XPEV) is a prominent Chinese manufacturer specializing in smart electric vehicles. The company offers several popular EV models in China and has received investment from Volkswagen.

XPeng’s stock performed strongly early in 2025, surging over 40% by early February, driven by rapidly increasing vehicle deliveries. The company has consistently reported robust delivery growth.

In April 2025, XPeng delivered 35,045 smart EVs, a 273% increase year-over-year, marking the sixth consecutive month with over 30,000 deliveries. For the first four months of 2025, total deliveries reached 129,053 vehicles, representing a 313% increase compared to the same period in 2024.

This strong delivery performance, achieved despite increased competition and a slowing Chinese economy, indicates sustained demand. Analysts anticipate XPeng’s revenue growth will continue to significantly outpace the industry average in the coming years.

The consensus price target of $22.2 implies 12.2% upside.

XPEV stock is up 67.17% year-to-date.

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