VLKAF - EV stocks: Rivian's winning streak ends Sono doubles Lucid and Fisker drop

Selling pressure is piling up on some favorite electric vehicle stocks of investors with Rivian Automotive (RIVN -17.3%) on a path to see its first down day, while Lucid Motors (LCID -4.8%), Fisker (FSR -10.6%), Arrival (ARVL -18.4%), Lordstown Motors (RIDE -5.7%) and Faraday Future Intelligent Electric (FFIE -5.2%) are all notably in reverse. IPO newbie Sono Motors (NASDAQ:SEV) is holding to its big early gain and is about 93% higher than the IPO pricing level of $15. The high point for shares of the solar-powered car maker so far is $32.34. The company raised $150M today after selling 150M shares in the IPO. Sono is a European-focused electric vehicle player so far with pre-orders coming in from Germany, Austria, Switzerland, France, the Netherlands, Italy, Spain and Portugal. Sono Motors (SEV) has a partnership with MAN Truck & Bus., which is under the Volkswagen (OTCPK:VLKAF) corporate umbrella. Sono Motors (SEV) was on

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EV stocks: Rivian's winning streak ends, Sono doubles, Lucid and Fisker drop