TREE NEWS reports: The Bloomberg Electric Vehicle Price Return Index rose 0.25% to 3,265.91 points on Monday, September 21. The index traced a V-shaped path during Asia-Pacific trading hours and again during US market hours, while overall extending the gains seen since the Asia-Pacific midday session.
Bloomberg EV Price Return Index Rises 0.25% to 3,265.91 Points
A single-session index move of this size carries little signal on its own; what stands out is the intraday pattern, with two V-shaped recoveries suggesting buyers stepped in on dips in both the Asia-Pacific and US sessions rather than a one-region lift. That the index extended gains from the Asia-Pacific midday point implies momentum was carried across time zones, which is worth noting for anyone tracking whether EV sentiment is becoming a globally synchronized trade rather than a region-specific one. Whether that cross-session resilience persists is the open question.
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