NIO and Different Chinese language EV Shares Had a Brutal Week. Here is Why.

Textual content dimension A NIO ES6 electrical sport utility automobile Sean Gallup/Getty Photos It was a robust week for traders in Chinese language electric-vehicle makers. One analyst has an concept about what’s behind this week’s downturn. Shares of NIO (ticker: NIO), XPeng (XPEV), and Li Auto (LI), fell about 5%, 10%, and 15%, respectively, this

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