XPeng Inc. (NYSE:XPEV) is among the best Chinese stocks to buy according to hedge funds. On April 22, TheFly reported that BNP Paribas downgraded XPeng Inc. (NYSE:XPEV) from Neutral to Underperform, with a price target of HK$59. Overall, 72% of the analysts covering the stock are bullish, 22% appear neutral, and the remaining 6% are bearish.
Later on April 23, Reuters reported that XPeng Inc. (NYSE:XPEV) plans large-scale production of its “flying” cars and humanoid robots for the next year and Q4 2026, respectively. According to President Brian Gu, there is “tremendous potential” to enhance cooperation with Volkswagen, which started mass production of its first EV in partnership with XPeng.
While emphasizing its willingness to collaborate with other automakers, Gu said,
“There are a lot of areas that we can partner and really provide value to each other.”
During the conversation with Reuters ahead of the Beijing Auto Show, Gu mentioned that XPeng Inc. (NYSE:XPEV) would begin robotaxi tests in the southern Chinese city of Guangzhou in 2026, with 2027 being a “critical year” for “tests around the world with partners.” He also added that “more than 50% of the revenue should come from outside of China” in the upcoming 5 to 10 years. Thus, the company is well-positioned for long-term growth, making it one of the best Chinese stocks to buy according to hedge funds.
XPeng Inc. (NYSE:XPEV) is a Guangzhou-based provider of smart electric vehicles. The company’s core offerings include sports sedan, sport utility vehicle (SUV), multi-purpose vehicle (MPV), and a smart in-car operating system.
While we acknowledge the potential of XPEV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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