Electric-vehicle deliveries at NIO, XPeng, and Li Auto all dipped in January from a record December, snapping recent sales momentum. After a rush to beat incentive cuts, Chinese buyers have taken a little step back.
Investors are reacting with some caution Tuesday, but all the related stocks, including Tesla (ticker: TSLA), have been hammered to start 2022, limiting the disappointment and the damage.
XPeng…