Ford's electric vehicle sales for May jumped 64.7% year over year to 8,966 units, while sales for hybrid vehicles rose 64.5% year over year to 17,631 units.
Li Auto reportedly implements significant sales and delivery process changes amid ongoing team restructuring, aiming to align goals and enhance sales performance.
Fidelity's move is seen as an attempt to generate new industry revenues amid a shift from mutual funds to generally cheaper and more tax-efficient ETFs.