
News
On Tuesday (December 16), the Bloomberg Electric Vehicle Price Return Index fell by 1.57%, closing at 3,383.42 points, significantly declining in the Asia-Pacific early trading session. After 10:00 AM Beijing time, it mainly traded below 3,390 points, showing an overall long-tail L-shaped trend. Among the constituent stocks, Ola Electric Mobility Ltd. fell over 7.7%, Volvo Car Group (European stocks) closed down over 6.8%, "Tesla's rival" Rivian dropped about 4%, Lucid Group fell over 2.6%, while Tesla, Microvast Holdings (MVST), Plug Power, and Hesai Technology rose over 3%, and Pony AI increased by about 7.3%

