WKHS - Electric vehicle stocks rally as focus shifts to upside from infrastructure deal

Sven Loeffler/iStock via Getty Images Electric vehicle stocks gain as continued enthusiasm over the potential implications of the infrastructure package bring some buyers back into the sector. Last week's deal between Volvo and Northvolt on EV production and the General Motors-Shell tie-up are also said to be supporting the positive vibe on the sector. Workhorse Group ([[WKHS]] +7.8%) is considered one of the more direct beneficiaries from the potential legislation and is one of the meme stocks grabbing more attention on Reddit. Other gainers on the day include Proterra ([[PTRA]] +7.1%), ChargePoint Holdings ([[CHPT]] +6.5%), Churchill Capital IV-Lucid ([[CCIV]] +7.0%), Nikola ([[NKLA]] +5.4%) and Lordstown Motors ([[RIDE]] +3.1%). Chinese EV automakers Kandi Technologies ([[KNDI]] +2.8%), Li Auto ([[LI]] +5.9%), Nio ([[NIO]] +6.7%) and XPeng ([[XPEV]] +5.0%) are also moving higher. Tesla ([[TSLA]] +2.5%) is also in positive territory, despite a software recall in China over a potential risk with the assisted driving

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Electric vehicle stocks rally as focus shifts to upside from infrastructure deal