WKHS - Electric vehicle roundup: Polestar to go public Tesla eyes $800 again big gains for XL Fleet and Workhorse Group
The electric vehicle sector is largely having a strong day amid a renewed focus on the pending infrastructure legislation. The gains today come even with more headlines out of China on regulatory and financial hurdles. The latest development is that power cuts could disrupt the supply chain. Also of note, electric vehicle maker China Evergrande New Energy Vehicle Group (OTCPK:EVGRF) will no longer pursue a secondary listing in Shanghai. Shares of Evergrande New Energy fell 9% in Hong Kong on that news and are down more than 14% in the U.S. As for the daily winners, big gainers include XL Fleet (XL +10.7%), Fuelcell Energy (FCEL +10.0%), Fisker (FSR +5.1%), Arrival (ARVL +5.6%), Hyliion Holdings (HYLN +8.8%), Workhorse Group (WKHS +7.6%), Proterra (PTRA +6.7%), Romeo Power (RMO +7.0%) and Li-Cycle Holdings (LICY +7.5%). Lucid Motors (LCID +2.4%) is tacking on a just a bit more to its +50% September. Meanwhile,
For further details see:
Electric vehicle roundup: Polestar to go public, Tesla eyes $800 again, big gains for XL Fleet and Workhorse Group