Your email has been successfully added to our mailing list.

×
-0.00123762376237621 -0.00247524752475242 0.00123762376237621 0.00123762376237621 0 -0.0216584158415841 -0.0272400990099009 -0.0191831683168316
Stock impact report

Why Nio and Chinese EV Stocks Had an Awful January [Yahoo! Finance]

XPeng Inc. American depositary shares, each representing two Class A ordinary shares (XPEV) 
Company Research Source: Yahoo! Finance
That was especially true for Chinese EV names Nio (NYSE: NIO) XPeng (NYSE: XPEV) , and Li Auto (NASDAQ: LI) . Over the past six months, those stocks are all down by between 39% and 64%. Returns in January contributed heavily to those declines. For the month Nio shares lost 38%, XPeng plunged 42.9%, and Li Auto lost 26%. according to data provided by S&P Global Market Intelligence Record EV shipments Some of those January results even came after the three Chinese upstarts reported record deliveries in December 2023. The three combined to deliver nearly 88,500 units, a third consecutive monthly record. Investors decided to sell the news, though. That's because there were building headwinds that materialized in January. Competition is causing these EV makers to lose pricing power in their domestic market. Both Tesla with its Shanghai factory and China-based BYD are much larger EV sellers. BYD, which counts Warren Buffett's Berkshire Hathaway as an investor , delivered more than Show less Read more
Impact Snapshot
Event Time:
XPEV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for XPEV alerts
Opt-in for
XPEV alerts

from News Quantified
Opt-in for
XPEV alerts

from News Quantified