Published on 4 Dec 2021 on Benzinga
EV stocks were swathed in a sea of red in the week ending Dec. 3, with the Omicron variant threat and fears concerning a potential delisting of Chinese EV makers responsible for much of the weakness. The sell-off in the U.S.-listed Chinese EV stocks came despite the companies churning out encouraging November delivery numbers.
Here are the key events that happened in the EV space during the week: