During the trading on the NASDAQ exchange, the shares of electrocarbar manufacturers collapsed. For example, Lordstown Motors securities fell 8.1 percent, Nikola Motor quotes went down to 7.3 percent, and Faraday Future is 9.45 percent.
Rivian Automotive, which only last month came to the IPO, sank to the new minimum – $ 88.4 per share. The market giants – Tesla and General Motors partially lost their positions – although it was not planned to distribute benefits on them.
According to CNBC, the quotes of electrocarbar producers lost growth against the background of the failure of the presidential plan Joe Bayden Build Back Better, which provides significant incentives for the growing sector. It could be decisive to stimulate consumer demand for electric cars in the United States, because they cost much more than analogues on internal combustion engines. The White House planned to introduce incentives of 12.5 thousand dollars per car, but this plan sharply criticized in the Senate.
The American authorities want to be 50 percent for sale in the share of electric cars and hybrids on sale of cars.