Why Electric Vehicle and Battery Stocks Zoomed Higher Today
Lucid (LCID) The Motley Fool·2024-04-23 22:34
An influential group of energy-producing countries provides fuel for green vehicle optimism.To the great relief of many investors who were suffering from the recent rout of electric vehicle (EV) and associated stocks, the market pushed the accelerator on such companies Tuesday. An influential report gave them hope that the sector as a whole would lift itself out of the doldrums with stronger sales.Many of the industry's best-known stocks saw substantial lifts in price on the day. High-end EV maker Lucid Gro ...