Why Electric Vehicle (EV) Stocks Skidded Into Losses on Wednesday
LI AUTO(LI) The Motley Fool·2024-08-29 06:47
Sentiment on the sector wasn't helped by the latest developments in Asia.Not so long ago, electric vehicle (EV) stocks were the assets that could do no wrong. Despite the very many hiccups and challenges associated with the industry, EVs were the future of human mobility. In recent months, though, there's been growing skepticism about this. The novelty of the not-so-new-anymore technology has worn off, and negative news from some top manufacturers has turned off both consumers and stock investors.So, it doe ...