Shares of US-listed Chinese EV companies are trading lower following reports suggesting that the European Commission rejected offers to adjust prices to avoid tariffs.
Portfolio Pulse from Benzinga Newsdesk
US-listed Chinese EV companies' shares are declining due to reports that the European Commission rejected price adjustment offers to avoid tariffs.
September 12, 2024 | 5:44 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Li Auto's shares are trading lower as the European Commission rejected offers to adjust prices to avoid tariffs, impacting the company's market outlook in Europe.
The rejection of price adjustment offers by the European Commission could lead to higher tariffs, negatively impacting Li Auto's competitiveness and profitability in the European market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
NIO's stock is under pressure following the European Commission's decision to reject price adjustment offers, which could lead to increased tariffs.
The decision by the European Commission to reject price adjustment offers may result in higher tariffs, affecting NIO's market position and profitability in Europe.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
XPeng's shares are declining due to the European Commission's rejection of price adjustment offers, which could result in higher tariffs.
The rejection of price adjustment offers by the European Commission could lead to increased tariffs, negatively impacting XPeng's competitiveness and profitability in the European market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80