Why Are Chinese EV Stocks XPEV, LI, NIO Down?

Chinese electric vehicle (EV) stocks aren't doing so hot today.
Macroeconomic factors also aren't helping matters.

Source: Ilija Erceg / Shutterstock

Chinese electric vehicle (EV) stocks are slipping on Tuesday asmacroeconomic factors affect the companiesalongside lockdown news.

First off, note that the economy is still suffering as a recession, inflation and rising interest rates weigh on markets. However, that’s not all of the bad news that companies in China are dealing with today.

A bigger factor that could be affecting Chinese EV stocks are lockdowns in their home country.

The lockdowns currently affect 33 cities and more are likely on the way. This has been a blow to Chinese stocks today with the ongoing lockdowns having a negative impact on the country’s economy.

Let’s see how this news is affecting Chinese EV stocks

Chinese EV Stocks Falling

Xpeng(NYSE:XPEV) stock starts us off today with the company’s shares falling
Li Auto(NASDAQ:LI) shares are next on the list with the company’s shares slipping slightly
Nio(NYSE:NIO) closes out our Chinese EV stocks down today with a dip

$XPeng Inc.(XPEV)$

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Comments

pete13
2022-09-08
pete13
Thanks for sharing.
Hope it picks up quickly
JosHi5
2022-09-11
JosHi5
ok
ChooiLing
2022-09-11
ChooiLing
ok
YWTan
2022-09-11
YWTan
👍
ASHLEYLIM
2022-09-10
ASHLEYLIM
👌

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However, that’s not all of the bad news that companies in China are dealing with today.</p><p>A bigger factor that could be affecting Chinese EV stocks are lockdowns in their home country.</p><p>The lockdowns currently affect 33 cities and more are likely on the way. This has been a blow to Chinese stocks today with the ongoing lockdowns having a negative impact on the country’s economy.</p><p>Let’s see how this news is affecting Chinese EV stocks</p><p>Chinese EV Stocks Falling</p><ul>\n <li><b>Xpeng</b>(NYSE:<b><u>XPEV</u></b>) stock starts us off today with the company’s shares falling</li>\n <li><b>Li Auto</b>(NASDAQ:<b><u>LI</u></b>) shares are next on the list with the company’s shares slipping slightly</li>\n <li><b>Nio</b>(NYSE:<b><u>NIO</u></b>) closes out our Chinese EV stocks down today with a dip</li>\n</ul><p><a target=\"_blank\" href=\"https://laohu8.com/S/XPEV\">$XPeng Inc.(XPEV)$</a></p></body></html>","htmlText":"<html><head></head><body><ul>\n <li>Chinese electric vehicle (EV) stocks aren't doing so hot today.</li>\n <li>Macroeconomic factors also aren't helping matters.</li>\n</ul><p><img referrerpolicy=\"no-referrer\" src=\"https://community-static.tradeup.com/news/4ac6941055b04cc210f02bb1af65bd12\" tg-width=\"1600\" tg-height=\"900\">Source: Ilija Erceg / Shutterstock</p><p>Chinese electric vehicle (EV) stocks are slipping on Tuesday asmacroeconomic factors affect the companiesalongside lockdown news.</p><p>First off, note that the economy is still suffering as a recession, inflation and rising interest rates weigh on markets. However, that’s not all of the bad news that companies in China are dealing with today.</p><p>A bigger factor that could be affecting Chinese EV stocks are lockdowns in their home country.</p><p>The lockdowns currently affect 33 cities and more are likely on the way. This has been a blow to Chinese stocks today with the ongoing lockdowns having a negative impact on the country’s economy.</p><p>Let’s see how this news is affecting Chinese EV stocks</p><p>Chinese EV Stocks Falling</p><ul>\n <li><b>Xpeng</b>(NYSE:<b><u>XPEV</u></b>) stock starts us off today with the company’s shares falling</li>\n <li><b>Li Auto</b>(NASDAQ:<b><u>LI</u></b>) shares are next on the list with the company’s shares slipping slightly</li>\n <li><b>Nio</b>(NYSE:<b><u>NIO</u></b>) closes out our Chinese EV stocks down today with a dip</li>\n</ul><p><a target=\"_blank\" href=\"https://laohu8.com/S/XPEV\">$XPeng Inc.(XPEV)$</a></p></body></html>","text":"Chinese electric vehicle (EV) stocks aren't doing so hot today. Macroeconomic factors also aren't helping matters. Source: Ilija Erceg / Shutterstock Chinese electric vehicle (EV) stocks are slipping on Tuesday asmacroeconomic factors affect the companiesalongside lockdown news. First off, note that the economy is still suffering as a recession, inflation and rising interest rates weigh on markets. However, that’s not all of the bad news that companies in China are dealing with today. A bigger factor that could be affecting Chinese EV stocks are lockdowns in their home country. The lockdowns currently affect 33 cities and more are likely on the way. This has been a blow to Chinese stocks today with the ongoing lockdowns having a negative impact on the country’s economy. Let’s see how this news is affecting Chinese EV stocks Chinese EV Stocks Falling Xpeng(NYSE:XPEV) stock starts us off today with the company’s shares falling Li Auto(NASDAQ:LI) shares are next on the list with the company’s shares slipping slightly Nio(NYSE:NIO) closes out our Chinese EV stocks down today with a dip $XPeng 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