Chinese EV stocks plunge as industry headwinds mount

Top Chinese EV stocks have tumbled this year, erasing billions in value as the industry faces substantial headwinds. Nio fell to $3.58, nearly 50% below its April high; XPeng dropped to $9.90, down 55% from its year-to-date high; Li Auto slid to $11.54 from a peak of $20; and BYD has lost 33%.

Detected & updated continuously · Source: Nebula