The Traderszone Network

Published in TZ Latest News 6 October, 2021 by The TZ Newswire Staff

Why EV Stocks Nio, Workhorse, and Hyzon Are Down Today

With the general markets approaching correction territory, stocks in the more aggressive electric vehicle (EV) sector are facing stronger headwinds than many others. That continued today, with shares of Chinese EV maker Nio (NYSE: NIO), start-up Workhorse (NASDAQ: WKHS), and hydrogen fuel cell EV company Hyzon (NASDAQ: HYZN) all declining. At the lows of the day, the stocks of the three companies were down 2.1%, 10%, and 11.4%, respectively.

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