US Stock Market Move | New energy vehicle stocks rise, XPeng, Inc. ADR Sponsored Class A (XPEV.US) surges more than 6%

On Thursday, shares of new energy vehicle companies rose. As of the time of writing, XPeng, Inc. ADR Sponsored Class A(XPEV.US) rose by over 6%, Tesla, Inc. (TSLA.US) rose by over 5%, Rivian Automotive (RIVN.US) rose by over 2%, Li Auto, Inc. Sponsored ADR Class A (LI.US) rose by over 1%, and NIO Inc. Sponsored ADR Class A (NIO.US) rose by 0.9%.