News

On Monday (February 2), at the end of trading in the U.S. stock market, the Bloomberg Electric Vehicle Price Return Index fell by 2.80%, closing at 3,450.29 points. The index was in a downward trend throughout the day, experiencing a sharp decline from 09:27 to 09:30 Beijing time, and continued to decline, stabilizing around 3,460 points since 16:00. Component stocks included Anaconda Mining falling by 9.5%, XPeng's H shares closing down 6.77%, Lucid Group down 6.7%, Zhejiang Leapmotor Technology's H shares down 5.28%, Pony.ai's ADR down over 4.5%, and NIO's H shares down 4.51%, ranking sixth in terms of decline. BMW's European shares rose by 0.66%, ranking fifth, STMicroelectronics rose by 1.11%, Sona Blw Precision Forgings Ltd. rose by 1.99%, and Nidec Corporation rose by 3.31%