US Stock Market Move | New energy vehicle stocks rise NIO Inc. Sponsored ADR Class A (NIO.US) up more than 10%

On Friday, the stocks of new energy vehicles rose, as of the time of writing, NIO Inc. Sponsored ADR Class A (NIO.US) rose by over 10%, XPeng, Inc. ADR Sponsored Class A (XPEV.US) rose by nearly 7%, Rivian (RIVN.US) rose by over 3.5%, Li Auto, Inc. Sponsored ADR Class A (LI.US) rose by over 2%, and Tesla, Inc. (TSLA.US) rose by 0.38%. In terms of news, the Leahead L60 exploded in orders and became a hot search topic. Recently, well-known car blogger Sun Shaojun revealed that the Leahead L60 under NIO Inc. Sponsored ADR Class A received nearly 30,000 orders within 72 hours, with each store adding around 160 to 180 new orders, and this year's production capacity has been sold out. Li Bin confirmed this information, stating that the back-end server has been expanded by 5 times, and indeed, the L60 is selling like hotcakes. On September 19, Leahead's first car L60 officially went on sale. The product was released in May and was available for pre-order at a starting price of 219,900 yuan. The standard version is now priced at 206,900 yuan, which is 13,000 yuan lower than the pre-sale price. The BaaS model is priced at only 149,900 yuan, surpassing market expectations. With its lower than expected price and rich configurations, the L60 is selling well.