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Top Electric Vehicle Stocks To Follow Today - January 25th

Tesla, Rivian Automotive, XPENG, NIO, QuantumScape, Lucid Group, and BorgWarner are the top electric vehicle stocks to watch today, according to MarketBeat. These companies are involved in the EV ecosystem, including manufacturing and supplying components. Investors should be aware of the potential for growth as well as industry-specific risks such as competition and supply-chain issues. Tesla, Rivian, and NIO are notable players in the market, with various offerings in electric vehicles and related services. MarketBeat provides insights into these stocks for potential investors.

Top Electric Vehicle Stocks To Watch Today - January 24th

Tesla, Rivian Automotive, XPENG, NIO, and QuantumScape are highlighted as the top electric vehicle stocks to watch today, according to MarketBeat. These companies are involved in the design, manufacturing, and supply of electric vehicles and related services. They have shown high trading volumes recently, indicating investor interest. Tesla operates in automotive and energy sectors, while Rivian focuses on consumer vehicles. XPENG and NIO are prominent in the Chinese market, and QuantumScape is developing solid-state batteries. Investors should consider the volatility and growth potential of these stocks.

The NASDAQ Golden Dragon China Index preliminarily closed down 0.2%, with a cumulative increase of 2.1% this week. The performance of popular Chinese concept stocks varied, with XPeng down 3.3%, Nio, WERIDE, and Alibaba down over 2%, while Li Auto, PDD, and Tencent rose by no more than 0.5%. Meituan, Xiaomai, and New Oriental rose by no more than 2%. In terms of ETFs, ASHR fell 0.1%, KWEB remained flat, and CQQQ rose 0.8%

Nio Onvo launches new higher-priced special edition variants for L90

Onvo, a sub-brand of Nio Inc, has launched new special edition variants of its L90 large SUV to celebrate the Chinese Year of the Horse. The new variants, named "Ma Dao Cheng Gong" edition, come with exclusive horse-themed styling and are available in Max and Ultra options, starting at RMB 296,800. The Max variant is priced 11.66% higher than the standard Pro variant. This launch follows a similar special edition for the L60 and reflects Onvo's strategy to enhance visibility at lower costs. Display models are now available at Onvo showrooms.

Abu Dhabi merges CYVN's stake in Nio into new state-owned fund L'imad

Abu Dhabi has merged CYVN Holdings' stake in Nio into a new state-owned fund called L'imad, which now holds a 17.9% stake in Nio. This consolidation aims to streamline management and enhance investment capabilities. L'imad, chaired by the Crown Prince of Abu Dhabi, will also control McLaren Automotive. CYVN has invested significantly in Nio, becoming its largest shareholder, and has established a partnership to enter the MENA market. Nio has also opened its first battery swap station in Abu Dhabi and plans to supply batteries to McLaren.