XPeng Inc - ADR (NYSE: XPEV) shares are trading higher by 4.81% to $10.24 Thursday afternoon. Shares of EV companies at large are trading higher during Thursday's session. Strength in the sector may be in sympathy with Tesla Inc (NASDAQ:
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Intelligent Bio Solutions Inc. (NASDAQ: INBS) shares climbed 444.4% to $1.47 after the company announced it successfully completed the review of results from Milestone 7, a phase of its biosensor platform development.
The electric vehicle space saw mixed sentiment in the week ended Jan. 20, with technical moves lifting some EV stocks, while the broader market volatility weighed on most others.
Now, here are the key events that happened in the EV space during the week:
Leading ride-share company Uber Technologies (NYSE: UBER) recently filed several trademarks that could suggest an expansion of the company’s business to a new sector.
The filings come years after the company exited the same business line.
Let’s dive in.