US Stock Market Move | Most new energy vehicle stocks fell, NIO Inc. Sponsored ADR Class A (NIO.US) dropped more than 3.5%.

On Wednesday, most new energy vehicle stocks fell. As of the time of writing, XPeng, Inc. ADR Sponsored Class A (XPEV.US) dropped more than 6%, Li Auto, Inc. Sponsored ADR Class A (LI.US) dropped more than 7%, NIO Inc. Sponsored ADR Class A (NIO.US) dropped more than 3.5%; Tesla, Inc. (TSLA.US) rose 0.54%.