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World

Navdeep Yadav

Why Nio, Other EV Peers Are Nosediving In Hong Kong Today

NIO Li Nasdaq Hong Kong Li Auto Nio Inc NYSE Xpeng Xpeng Inc XPEV

U.S.-listed Chinese EV makers Nio Inc (NASDAQ:LI), XPeng Inc (NYSE:XPEV), and Li Auto (NASDAQ:LI) plunged in Hong Kong on Friday after the stocks of these Tesla Inc (NASDAQ:TSLA) rivals saw their previous gains evaporate in the U.S. overnight.

How EV Stocks Are Faring In Hong Kong Today
Stocks	Movement (+/-)
Nio	-11.03%
XPeng	-10.24%
Li Auto	-5.89%

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