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U.S. stock market anomaly: electric vehicle sector rose collectively, with Tesla, NIO Inc, and Li Auto Inc all up over 6%.
On July 2, the US new energy vehicle sector collectively rose, with Tesla up more than 6%, Rivian up nearly 4%, Nio Inc and Li Auto Inc both up more than 6%, and Xpeng up more than 5%. In terms of news, Tesla announced a brand-new car purchase finance policy in China. For the 1-5 year zero-interest and low-interest preferential car purchase policies launched for the Model 3/Y standard range version, the daily supply starts as low as RMB 85. In addition, the sales volumes of Nio Inc and Li Auto Inc for June are available now, and both have achieved high double-digit year-on-year growth.
Rivian Automotive Options Spot-On: On July 1st, 327.72K Contracts Were Traded, With 2.66 Million Open Interest
On July 1st ET, $Rivian Automotive(RIVN.US)$ had active options trading, with a total trading volume of 327.72K options for the day, of which put options accounted for 33.31% of the total transactions
'Rivian Accelerates Shipment of Delivery Vans to Amazon in Europe' - Eletric Vehicles
Rivian-Volkswagen JV Adds Liquidity to Bridge US EV Maker Through 2027, RBC Says
Volkswagen Bet on Rivian Stock. Investors Have to Make Their Own Call. -- Barrons.com
Cantor Fitzgerald Reiterates Overweight on Rivian Automotive, Maintains $19 Price Target