$NIO Inc.(NIO)$ share price climbing 2.8%, EV charging company $ChargePoint Holdings Inc.(CHPT)$ rising 3.6%, and EV battery company $Quantumscape Corp.(QS)$ jumping 6.1%.
Investors are hoping that easing inflation will cause the Federal Reserve to be less aggressive with its interest rate hikes.
There could be more short-term volatility from Nio, QuantumScape, and ChargePoint as investors try to determine where inflation is going and how the Fed will respond to it.
Focus on Fed Meeting
Fed hikes again by 75 basis points, hints at entering end phase.
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