Chinese Electric Vehicle Stocks Rise as Deliveries Jump in October
XPENG(XPEV) Investopedia·2024-11-04 14:00
Key TakeawaysU.S.-listed shares of a number of Chinese electric vehicle manufacturers rose Monday after October sales rose from last year.Deliveries from BYD, Li Auto, XPeng, and Nio all rose from the same time last year, while Tesla's China-made vehicle sales fell from last year.Tesla stock fell Monday morning, while the others all rose. Investors on Wall Street were bullish on Chinese electric vehicle stocks Monday morning after companies such as BYD, XPeng (XPEV), Li Auto (LI), and others released Octobe ...