XPEV - Cleantech and Climate Change Podcast - EV stocks on the move; is Cleantech the New AI for Investors?
2023-06-15 16:10:00 ET
Vancouver, Kelowna, Delta, BC - June 15, 2023 (Investorideas.com Newswire) Investorideas.com, a global news source and leading investor resource covering cleantech stocks issues a new solar stocks edition of the Cleantech and Climate Change Podcast .
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https://www.investorideas.com/Audio/Podcasts/2023/061523-Cleantech.mp3
Cleantech and Climate Change Podcast - EV stocks on the move; is Cleantech the New AI for Investors?
Listen to the cleantech and climate change podcast on Spotify
Cleantech stocks have had a good week with big moves in fuel cell and hydrogen stocks but the EV players that had once been the darlings of cleantech have had some great gains this week. What does that mean for cleantech investors? Maybe the trend will become our friend...
EV manufacturer NIo ( NYSE: NIO ) is currently trading at $9.81 up $.76 or 8.34% today but more importantly has had a big week for shareholder, up over 25%. Bloomberg reported that Electric-vehicle maker Nio Inc. slashed starting prices on all of its models in China by 30,000 yuan ($4,200), days after reporting a worse-than-expected quarterly loss.
Electric truck maker Nikola ( NASDAQ:NKLA ) is trading at $1.4019, up $0.3219 or 29.8056% today, gaining 100% for the week.
Chinese EV maker XPeng Inc. ( NYSE: XPEV ) is trading at $11.69, up $0.89, gaining 8.29%.
In May 2023, XPENG delivered 7,506 Smart EVs. The delivery volume of the P7i has experienced a substantial increase compared to the previous month. The Company will further accelerate deliveries of the P7i in June, with the goal of rapidly bringing customers this popular new model that features outstanding style and design aesthetics and distinguishing smart features.
Mullen Automotive ( NASDAQ: MULN ) is trading up today at. $2494, up $0.0244 or 10.8444%. The Company issued a shareholder letter stating: "We want to respond to the many emails and calls regarding the decrease in our share price. Since March 31, 2023, our stock has declined 90% from $3.25 per share. On June 13, 2023, the Company's common stock closed at $0.32 per share."
For investors back on the EV electric train, not sure how long the ride will last but it's all green ahead for now.
Visit Investorideas list of hydrogen and fuel cell stocks
https://www.investorideas.com/FCCN/Stock_List.asp
Thanks, that's it for today. Do something good for this beautiful planet each and every day.
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