November 25, 2024

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Latest November 25, 2024

Chinese EV Stocks Surge as China and EU Near Tariff Resolution

Key Points China and the EU are reportedly close to eliminating tariffs on Chinese EV imports, with discussions focusing on setting a minimum price for EVs in the EU. The news surged shares of Chinese EV makers, including NIO Inc., Geely Automobile Holdings Ltd., Li Auto, BAIC Motor Corp Ltd., and BYD Co. The EU...