Chinese EV stocks NIO, LI, XPEV down due to declining electric vehicle sales in April

From Google: 2024-07-24 16:42:54

Chinese EV stocks NIO, LI, and XPEV are down today due to a report of declining electric vehicle sales in April. NIO reported a 2% decrease in deliveries from March to April. Li Auto also saw a decrease in April deliveries, while Xpeng Motors reported an increase but fell short of analysts’ expectations.



Read more at Google: Why Are Chinese EV Stocks NIO, LI, XPEV Down Today? – InvestorPlace