Momentum Shifts in China’s EV Race: Nio Gains Favor Over XPeng

The battle for supremacy within China’s electric vehicle sector has entered a pivotal new phase in early 2026. A notable shift in market sentiment has emerged over the past week, challenging the previous year’s narrative.

Recent analyst assessments, particularly from the last 48 hours, have reshaped the competitive landscape. A prominent upgrade for Nio (NIO) now contrasts sharply with downward revisions for its rival, sparking intense debate among investors about whether 2026 will see a change in leadership.

The most significant development of the past trading week (January 12–16, 2026) was the opposing re-evaluations by major financial institutions, led by Macquarie. This highlights how swiftly sentiment can change on Read more...