EV Stocks surged in Thursday morning trading

Tiger Newspress2021-07-01

EV Stocks surged in Thursday morning trading on Due to vehicle delivery.Tesla,Nio,Xpeng Motors and Li Auto climbed between 1% and 6%.

NIO delivered 8,083 vehicles in June 2021, increasing by 116.1% year-over-year;

Xpeng delivered 6,565 vehicles in June 2021, a record month with a 617% increase year-over-year;

Wall Street expects Tesla Inc. to report deliveries of roughly 200,000 vehicles in the latest quarter, which would be a milestone for the electric-car makerled by Chief Executive Officer Elon Musk.

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