The Shenzhen-based, Chinese automaker BYD Co’s (OTC: BYDDF) all-electric vehicle sales rose nearly three-folds in September, more than those of homegrown rivals Nio Inc (NYSE: NIO) and Xpeng Inc (NYSE:
EV stocks went about in a listless manner in the week ended Oct. 1 before ending narrowly mixed. Broader market volatility and company-specific announcements served as catalysts for stock moves.
Here are the week's key headlines related to EV stocks:
Pre-open movers
U.S. stock futures traded lower in early pre-market trade after the Dow Jones tumbled more than 500 points in the previous session. Investors are awaiting earnings results from HNI Corp (NYSE: HNI).
Chinese electric vehicle maker Nio Inc (NYSE: NIO) said on Friday its global deliveries more than doubled in September as it completed the first batch of deliveries in Norway.