EV Stocks Remained Low in Morning Trading; Nikola and Canoo Slipped Around 5%

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EV Stocks Remained Low in Morning Trading; Nikola and Canoo Slipped Around 5%

Tiger Newspress2023-10-05

EV stocks remained low in morning trading; Nikola Corporation and Canoo Inc. slipped around 5%.

Lucid Group on Thursday launched a cheaper, rear-wheel drive version of the Air Pure sedan starting at $77,400, as it looks to stoke demand.

The new Lucid model, however, is more expensive than the world's most valuable automaker Tesla's Model S luxury sedan, which starts at about $75,000.

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