Why Shares of Electric Vehicle Maker XPeng Soared Today

·2-min read
Why Shares of Electric Vehicle Maker XPeng Soared Today

Many electric vehicle (EV) stocks are rebounding today, after an extended stretch of falling prices. The stock of Chinese EV maker XPeng (NYSE: XPEV) went through its own correction with a more than 20% drop for December. The bounce in XPeng shares today didn't come from a specific company announcement.

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