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EV industry stocks should be on your watchlist for 2024. If you are interested in the idea of a cleaner future while also growing your portfolio, these companies can help you achieve both goals.
Investors who bought the rumors on Chinese electric vehicle (EV) stocks sold the news, as strong deliveries led to selling pressure. Nio (NYSE: NIO ) was down 1%, XPeng (NASDAQ: XPEV ) was down 2.1%, and Li Auto (NASDAQ: LI ) was down nearly 5% in pre-market trading this morning.
KB Asset Management has launched an ETF that targets the battery and battery recycling market. The MAST Global Battery Recycling and Production ETF (NYSE Arca: EV) targets companies that comprise the Indxx Global Battery Recycling and Production Index.
We all have that one neighbor who puts up their Christmas lights the day after Thanksgiving. If you don't know that person in your town, it's probably you.
Mullen Automotive (NASDAQ: MULN ) stock has fallen lower by more than 99% so far this year, although the electric vehicle (EV) company believes that other entities are to blame for the decline. Yesterday, Mullen announced that it had launched a federal spoofing lawsuit against UBS Securities (NYSE: UBS ), IMC Financial Markets, Clear Street Markets and John Doe defendants one through 10.
A major decision out of China is likely to have sweeping consequences for electric vehicle (EV) makers. In a clear effort to retain its global supply-chain dominance, the nation has placed severe restrictions on graphite exports.
Does a small number of stocks hold up the entire U.S. market? According to some experts, the answer is yes.
Chinese stocks are taking a beating today and Chinese electric vehicle (EV) stocks, such as Nio (NYSE: NIO ), Li Auto (NASDAQ: LI ) and XPeng (NYSE: XPEV ), have not been able to escape the damage. XPEV stock is the worst off within the group today, with shares down more than 10%.
Electric cars are surging in popularity due to extended battery range and diverse models. Higher gas prices have also boosted their appeal.
Two days ago, the Palestinian militant group Hamas launched a full-scale attack on Israel from the Gaza Strip. Since then, a full-scale conflict has escalated with many civilian casualties.