RIVN - Lordstown Motors QuantumScape and GreenPower Motor lead out big EV rally with infrastructure buzz on the front burner again
The electric vehicle sector is mostly higher after riding out some negative news yesterday with Lucid Group (LCID -3.3%) disclosing a SEC subpoena and Tesla (TSLA +3.0%) reportedly being probed over solar panel fire risk. Helping to boost sentiment, several Wall Street economists are making the media circuit saying Biden's infrastructure bill will be a big deal for some companies in the broad EV space. Notable gainers in morning trading include Innoviz Technologies (INVZ +8.5%), Aeva Technologies (AEVA +10.3%), VOXX International (VOXX +8.1%), Hyzon Motors (HYZN +6.3%), Lordstown Motors (RIDE +6.2%), GreenPower Motor Company (GP +9.0%), Arcimoto (FUV +5.1%), Romeo Power (RMO +4.7%), Arrival (ARVL +4.5%), Nikola (NKLA +4.7%), Fisker (FSR +3.9%), Proterra (PRTA +10.2%), Faraday Future Intelligent Electric (FFIE +3.6%), Canoo (GOEV +2.1%), QuatumScape (QS +5.6%), Workhorse Group (WKHS +4.1%) and AEye (LIDR +4.9%). Rivian Automotive (RIVN -1.9%) is giving back just a little of yesterday's sizable gain when more
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Lordstown Motors, QuantumScape and GreenPower Motor lead out big EV rally with infrastructure buzz on the front burner again