- Reuters
CORRECTED-Nio on track to unveil its first mass-market car in May, executive says
China's premium electric vehicle maker Nio is on track to unveil a new model under a mass-market brand by the end of this month and a second smaller EV to be sold in Europe next year for less than $30,000, a senior executive told Reuters on Monday. Nio has created the sub-brand Onvo to launch a new EV that Chief Executive William Li has said will take aim at the Tesla Model Y, the world's best-selling EV. "Nio is currently working on the launch of new car brands, that would be less premium, still obviously 100% electric, and more suited for the European market needs," Nicolas Vincelot, general manager for France, said during a France-China business forum in Paris.
- Motley Fool
Why Shares of EV Stocks Nio, Li Auto, and XPeng Are Driving Higher This Week
Investors gave green flags to Chinese EV makers after they reported increases in vehicle deliveries.
- InvestorPlace
3 EV Stocks That Could Make You a Fortune (if You Dare)
I believe that there are many worthwhile EV stocks to buy currently available. That’s because, in my view, by 2030 electric vehicles will likely account for close to a majority of all the vehicles sold in the U.S. The main reason for this is that electricity will always be cheaper on average, than gasoline. After all, oil is in general much more expensive to produce than electricity since companies have to conduct exploration operations in order to find oil, and drilling for oil is rather costly
