Deliveries From NIO, XPeng, and Li Auto Were Dreadful. Some Stocks Rise Anyway. | Barron’s
Price cuts and slowing sales growth have investors a little concerned about Chinese electric-vehicle demand. That fear looks well placed after the monthly delivery results from the country’s EV makers.
Still, some related shares were rising in Tuesday trading. The American depositary receipts of the Chinese firms, after all, have been badly beaten up.