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NIO And Li Auto Fall As Beijing Tightens Grip On EV Exports
Yahoo Finance· 2025-09-26 16:07
Chinese electric vehicle (EV) stocks NIO (NYSE: NIO) and Li Auto (NASDAQ: LI) slipped Friday following news that Beijing plans to implement stricter regulations on EV exports. Starting January 1, China’s Ministry of Commerce will require automakers to secure permits before exporting EVs, a measure officials say is intended to ensure the “healthy development” of the EV industry. This aligns the export rules for electric models with existing requirements for conventional cars and motorcycles, according to ...