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Benzinga

Business

Shanthi Rexaline

EV Week In Review: Tesla's Giga Shanghai Up And Running, Apple Car Dealt Further Blow, Nio's Rumored US Plans And More

NIO Apple Car Nasdaq Shanghai United States Fisker NYSE Tesla Inc. Volkswagen

EV stocks mostly advanced in the week ending May 27, with the broader market strength supporting the turnaround. Tesla, Inc. (NASDAQ:TSLA) snapped its four-week losing streak and rallied, while Fisker, Inc. (NYSE:FSR), XPeng, Inc. (NYSE:XPEV) and Arrival (NASDAQ:ARVL) were among those that didn't participate in the uptrend.

Here are the key events that happened in the EV space during the week:

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