NIO - EV stocks head higher again led by Kandi Ayro and Li Auto
Animal spirits are firing up again on red-hot EV stocks at the start of the holiday-shortened week. Kandi Technologies (KNDI) is up 4.75% in premarket action and Workhorse Group (WKHS) is 3.22% higher. Ayro (AYRO) is 7.66% higher and Plug Power (PLUG) is up 2.65%.Fisker (FSR) +1.29% and Lordstown Motors (RIDE) +2.66% are also participating. Chinese automakers Li Auto (LI) +7.05% and XPeng (XPEV) +4.22% and Nio (NIO) +1.99% are higher as well Taking a break after a +400% YTD run, Electrameccanica (SOLO) is down 5.65% after filing a mixed shelf offering.Earlier on the day on the EV mother ship: Tesla gains after Wedbush points to major inflection of global EV demandRelated: Can the SPAC-tacular returns in the EV space ride on?
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EV stocks head higher again led by Kandi, Ayro and Li Auto