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EVs Release Results for Apr; NIO-SW Spikes 17%
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Chinese EV makers released their results for April, and their share prices generally prospered this morning. NIO-SW (09866.HK) delivered 15,600 units last month, up 1.3x YoY. This morning, NIO-SW opened 14.69% higher, and peaked at an over-1-month high of $42.6. It last printed at $41.85, up 17.06%.

XPENG-W (09868.HK) delivered 9,393 units last month, up 33% YoY. The stock peaked at $32.2, and last climbed 1.43% to $32. LI AUTO-W (02015.HK) delivered 25,800 units last month, up 0.4% YoY, and its share price softened. It last printed at $103.6, down 0.38%.

Related NewsG Sachs Raises Rev. & EPS Forecasts on XIAOMI-W (01810.HK), Reiterates Buy
LEAPMOTOR (09863.HK) delivered 15,000 units last month, up 72% YoY, and peaked at $29, hitting a new high since mid-January 2024. It last printed at $28.8, swelling 6.08%.
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