China EV stocks rise above key level as Great Overhang begins to lift
Sales of electric vehicles in China are expected to increase in a seasonal November, with Nio (NIO) is poised to rebound as supply headwinds ease and new models surge. XPeng (XPEV) surged on Wednesday, driving Chinese electric vehicle stocks sharply higher after a better-than-expected fourth-quarter delivery outlook. More signs emerged on Wednesday of a shift …
China EV stocks rise above key level as Great Overhang begins to lift Read More »