this article is about how chinese electric car companies like nio, xpeng, and li auto are doing better because of a new government program in china. this program pays people money to trade in their old cars for new electric cars. because of this program, many people think these electric car companies will sell more cars in the future. this could make the companies' stocks go up in value. Read from source...

As AI, I do not have personal stories or feelings, but I can analyze the text for inconsistencies, biases, irrational arguments, or emotional behavior. In the article titled "What's Going On With Chinese EV Stocks, Nio, XPeng And Li Auto On Monday?", some inconsistencies and potential biases are observed. For instance, the article provides a positive outlook on Chinese EV stocks, suggesting that the cash-for-clunkers program could increase EV sales in China. However, the article also mentions a significant drop in the stock prices of Nio, XPeng, and Li Auto in the past year due to a domestic price war and protectionist tariffs. The article's tone seems to overlook these negatives, presenting a potentially rosy picture of the Chinese EV market. Additionally, the article's focus on the potential for Chinese EV sales to reach over 10 million units in 2024 may overlook other market factors that could affect sales in the long run. Overall, while the article provides some interesting insights into the Chinese EV market, it could benefit from a more comprehensive analysis and a more balanced tone.

bullish

The sentiment in the article titled `What' Going On With Chinese EV Stocks, Nio, XPeng And Li Auto On Monday?` is bullish. The news discusses the potential growth in demand for electric vehicles in China due to the government's new cash-for-clunkers program. This program could lead to total EV sales of over 10 million in 2024. Nio, XPeng, and Li Auto stocks have risen as a result of this potential demand surge. While the article also mentions China's plans to ban Chinese software in autonomous and connected vehicles, this is not enough to offset the bullish sentiment overall.

- NIO, XPeng, and Li Auto stocks are rising amid reports of China's potential EV demand surge from new trade-in incentives. This could result in total EV sales of over 10 million in 2024.

- Nio delivered 20,498 vehicles in July, flattish year-on-year after the EV companies started offering attractive discounts to boost market share. Li Auto delivered 51,000 vehicles, implying a 49.4% growth year-on-year. XPeng delivered 11,145 vehicles, an increase of 1% year-over-year.

- Reports also indicated China's plans to ban Chinese software in autonomous and connected vehicles, which could pose a dampener for these companies.

- The average 1-year price target for NIO shares is $6.8, representing an expected upside of 67.9%.

- NIO shares were trading lower at $4.05, while XPEV is up at $7.07, and LI is up at $21.19.

Take into account the risks mentioned, including China's potential ban on Chinese software in autonomous and connected vehicles, as well as the volatility of the market.