EV sales are surging, but stocks are slumping. Why?

While global electric vehicle (EV) sales volumes and Chinese market penetration continue to expand, pure-play automaker equities remain down approximately 20% year-to-date amid competitive pricing headwinds. Capital flows indicate a broader structural reallocation from downstream vehicle assembly toward upstream battery manufacturing and critical mineral producers. Today's watchlist BYD, Marvell, Elevra Lithium Check out these stocks: www.moomoo.com/quote