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EV Stocks surged in Monday morning trading.Tesla,Nio,Xpeng Motors and Li Auto climbed between 1.8% and 6.4%.

As far as EV stocks go, Nio has been one of the go-to choices for investors of late. Indeed, this Chinese EV play has continued to outperform. Shares of NIO stock are now up more than 27% over the past month as investors climb back into growth stocks. Additionally, today’s move of more than 9% higher in NIO stock has brought about more interest in this EV name.Well, the Chinese EV market is absolutely massive. Currently, China hasmore than 40%of the global EV market, sitting just slightly behind

Nvidia shares rose more than 5% to a new high on Report Three Key Chip Makers Endorse Bid for Arm.