TREE NEWS reports: The Bloomberg Electric Vehicle Price Return Index rose 1.59% to 2912.93 points at the New York close on Monday, Nov. 2, after climbing steadily from 10:00 Beijing time and hitting a session high of 2935.15 at 23:44. Among components, Horizon Robotics’ Hong Kong shares closed up 8.05%, Rivian gained 7.5%, and Xiaomi’s Hong Kong shares closed up 6.12%.
Bloomberg EV Price Return Index Rises 1.59% to 2912.93
The breadth of the move matters more than the index headline: gains are spread across a Hong Kong-listed autonomy name, a US EV pure-play and a Chinese consumer-tech entrant, suggesting sentiment is tracking the EV theme broadly rather than one stock's news. Horizon Robotics and Xiaomi leading in Hong Kong points to Asian listings doing the heavy lifting in this session. Whether that regional leadership persists into the next close, and whether Rivian's gain holds alongside it, is the open question.
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