Bloomberg EV Price Return Index Rises 1.56% on July 27, Led by XPeng and Nio Suppliers

According to Bloomberg, the EV Price Return Index rose 1.56% to close at 3,280.64 points on July 27. The index gained throughout the trading session, reaching an intraday high of 3,290.35 points. Xiaomi Group H shares surged 7.34%, while Hesai Technology ADR rose 5.6%, WeRide ADR gained 5.2%, Lucid Group advanced 5%, and Rivian climbed 4.8%. Horizon Robotics H shares increased 4.52%, while Tesla declined 1.4% and STMicroelectronics fell 1.88%.
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