- Nikola(NKLA+7.4%)and Plug Power(PLUG+7.5%)were part of a strong rally in the electric vehicle sector. Both stocks are trying to pare double-digit YTD losses.
- While gainers like FREYR Battery and TuSimple rallied off of specific news, there was some broad buying enthusiasm in today's session for names like Nikola, Plug Power, QuantumScape, ChargePoint Holdings, Ayro, Workhorse Group and Arrival on incrementally positive news regarding the infrastructure legislation efforts and the China regulatory backdrop.