The Latest Breaking News from ONVO

A Citi upgrade and soaring EV sales have boosted several China EV stocks near buy points.

China EV sales: Tesla rivals XPeng and BYD reported surging February deliveries vs. a year before. Nio, Li Auto gains were more modest.

Last year was a good year for Zeekr. Despite growing anti-China tensions, a softening Chinese economy, and overall weirdness in the EV market, it’s been largely nothing but net for the Sino-Swedish brand. It doesn’t even sell cars in America but it still stole the show at CES, while announcing…

There’s a narrative that’s common now: the Chinese market is pushing out all foreign competitors. Whether it’s BMW, General Motors or Volkswagen, the media, analysts, some automotive company CEOs and political pundits have agreed that the writing is on the wall. The war for China’s EV buyers, they say, has…