Evaluating the Trends in Chinese EV Stocks
European Union tariffs slowed the influx of Chinese-made electric vehicles (EVs) in July, as the bloc moved to protect its automakers from low-cost competition. The number of new EVs that Chinese automakers such as BYD and Saic Motor's MG registered in the EU last month fell 45 per cent from June.
NIO
Nio delivered 20,498 vehicles in July, its third consecutive month above the 20,000 mark. That's up 0.18 percent from 20,462 vehicles a year ago, though down 3.35 percent from 21,209 in June.
NIO daily chart
Over 50% drop in NIO's share price since 2024. An obvious downtrend for this EV stock since 2021 from its peak at around 65 USD. As shown in the chart above (orange coloured downtrend line), even for mid term, Nio seems will continue to retrace towards 3.63 USD. And as predicted, Nio retraced to this support level and formed a double bottom now. I believe here is the bottom for Nio and a rebound is highly possible in the near term. Bullish vote for Nio $NIO Inc.(NIO)$
XPENG
The M03, the first model in Xpeng's Mona lineup, will be the cheapest model from the Chinese electric vehicle (EV) maker. The Xpeng Mona M03 will have a starting price of no more than RMB 135,900, and its official launch will take place on August 27.
XPENG daily chart
For Xpeng, its movement was slightly stronger than NIO, at least it was still on a uptrend since early May 2024. However, thing might totally change for Xpeng soon, its share price seemed to fall below its uptrend line support. This is a critical level to monitor, if the share price is unable to stand back the uptrend line, we would see further drop in Xpeng share price next week. Its earnings result will be critical next week. Anyway, I am more towards a bearish vote for Xpeng $XPeng Inc.(XPEV)$
LI
Li Auto will report unaudited financial results for the second quarter of 2024 before the US markets open on Wednesday, August 28, the company announced today. Already released figures show that Li Auto delivered 108,581 vehicles in the second quarter, which is within the guidance range of between 105,000 and 110,000 vehicles.
LI daily chart
Technical wise, as compared to Nio and Xpeng, Li experienced a much more stable share price movement since the end of May 2024. Recently, a higher low pattern was formed in Li technical chart, as drawn in blue above. This might be a trend reversal indication for LI auto, which is definitely a great news for its investors. A bullish vote for LI $Li Auto(LI)$
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中国电动汽车股票的走势受到多种因素的影响，包括关税、市场竞争和公司具体业绩。以下是对一些著名中国电动汽车股票趋势的评估：
蔚来（蔚来）：
蔚来7月交付20,498辆汽车，连续第三个月保持在20,000辆大关以上的持续增长。
然而，蔚来股价自2024年以来大幅下跌超过50%，自2021年以来一直处于下跌趋势。
该股已回撤至3.63美元左右的支撑位，并形成双底形态，表明近期存在潜在底部和可能的反弹。
从技术分析来看，蔚来存在看涨情绪。
小鹏汽车（XPEV）：
小鹏汽车正在推出Mona系列，首先是Mona M03，预计这将是该公司最便宜的车型。
小鹏汽车的股价一直低于上升趋势线，表明看跌情绪。
即将公布的盈利结果对于决定该股的未来走向至关重要。
理想汽车（李）：
理想汽车将公布2024年第二季度未经审计的财务业绩。
该公司第二季度交付了108,581辆汽车，在其指导范围内。
与蔚来和小鹏汽车相比，理想汽车的股价表现出更稳定的走势，较高的低点模式表明趋势可能逆转。
人们对理想汽车有看涨情绪，但值得注意的是，该股仍低于EMA 50支撑位。
投资美国或中华电动汽车股票取决于个人偏好和投资策略。考虑投资中国电动汽车股票的一些原因包括：
中国庞大且不断增长的电动汽车市场为国内电动汽车制造商带来了巨大的增长机会。
政府对中国电动汽车开发和采用的支持和有利政策。
中国电动汽车公司在全球扩张并与行业内的老牌企业竞争的潜力。
中国电动汽车行业的技术进步和创新。
然而，必须进行彻底的研究，考虑所涉及的风险，并分散投资以减轻潜在风险。投资决策应基于个人财务目标、风险承受能力以及对公司和市场状况的全面分析。
请注意，所提供的信息仅供参考，不构成投资建议。投资股票涉及风险，建议在做出任何投资决定前咨询财务顾问。