The U.S.-listed Chinese electric vehicle trio of Nio, Inc. (NYSE:NIO), XPeng, Inc. (NYSE:XPEV) and Li Auto, Inc. (NASDAQ:LI) had a mixed outing in 2021 amid global component shortage headwinds.
EV Analyst: BofA Securities analyst Ming Hsun Lee has Buy ratings on the shares of Nio, XPeng and Li Auto.
The analyst increased the price targets for Nio shares from $65 to $66, for Xpeng from $66 to $69 and for Li Auto from $46 to $49.
