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Electric vehicle companies have high hopes that increased adoption will happen for the automotive industry.
Let’s talk about electric vehicles, EVs. Electrically powered cars are not a new concept – they’ve been around since the earliest days of the automobile. But in the past decade, several factors have combined to make them more competitive with the industry-standard internal combustion engine. Chief among these factors are improving battery technology, with reductions in weight and improvements in power and range, and reduced cost as manufacturers ramp production up to scale. Globally, EV makers a
Combined deliveries from Li Auto, NIO, and XPeng total more than 68,000 units in August, a record month, and up from about 25,000 units a year ago.
Asian equities were largely higher, though there were several pockets of minor weakness. Hong Kong growth stocks underperformed as morning gains eased over the trading
