TREE NEWS reports: The Bloomberg Electric Vehicle Price Return Index fell 1.41% on Monday, September 28, closing at 3,154.61 points. After a brief early climb-and-fade in Asia-Pacific trading, the gauge held near 3,190 at the US open before extending losses. Aurora Innovation, Plug Power, Ambarella, PM Materials and Rivian led the declines, while Hong Kong-listed Horizon Robotics rose 2.11%, Geely Auto gained 3.65% and RoboSense climbed 4.31%.
Bloomberg EV Price Return Index Falls 1.41% to 3,154.61
AI take
The split is the story: weakness concentrated in US-listed EV and hydrogen names, while Hong Kong-listed autonomy and Chinese OEMs drew bids on the same session. That divergence suggests the index is being pulled by US risk sentiment and rate-sensitive growth exposure rather than a uniform repricing of electric-vehicle demand. Whether the Hong Kong autonomy complex keeps decoupling from its US peers is the open question worth tracking.
Generated by AI for reference only.
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