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EV stocks bounced in morning trading, with Lucid jumping nearly 12% and Rivian rising over 6%.Apple is back front and center of the talk in the electric vehicle sector with Bloomberg reporting the tech giant is targeting a launch of a self-driving car in four years. Apple's progress in developing a chip made up primarily of neural processors that can handle the artificial intelligence needed for autonomous driving is the driving force in pushing the Apple Car project ahead again.

Vaccine stocks slipped after Pfizer announced his good news.Pfizer said its Covid-19 pill reduced hospitalizations and deaths in high-risk patients by 89%.BioNTech SE,Moderna,Novavax,Merck,Regeneron Pharmaceuticals,Vir Biotechnology,Inovio Pharmaceuticals,Gilead Sciences,Eli Lilly and AstraZeneca fell between 1% and 11%.Whlie Pfizer surged 12% in premarket trading.

EV stocks open higher sharply in Hong Kong.Xpeng Motors,Li Auto,BYD and Geely climb between 2% and 7%.