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KNDI - Apple-Hyundai talk jolts electric vehicle stocks
Kandi Technologies Group Inc.
Electric vehicle stocks are extending on their strong start to 2021 in early trading today. Nio ([[NIO]] +5.2%), Canoo ([[GOEV]] +7.6%), Kandi Technologies ([[KNDI]] +3.9%), XPeng ([[XPEV]] +2.0%), Li Auto ([[LI]] +1.9%) and Fisker ([[FSR]] -1.6%) are all notably higher. Tesla charging to a new high is exerting some gravity on the red-hot sector, while reports from South Korea of a potential Apple-Hyundai EV manufacturing and battery partnership are also creating a buzz.