$Tesla (TSLA.US)$$NIO Inc (NIO.US)$$XPeng (XPEV.US)$ The Bi...

$Tesla (TSLA.US)$ $NIO Inc (NIO.US)$ $XPeng (XPEV.US)$ The Biden administration is pushing for the adoption of electric vehicles, aiming to make up 40% of US car sales by 2030, in an effort to meet emissions targets and promote the US energy transition. The electric vehicle industry chain will receive substantial financial support from the US government. Stocks related to electric vehicle manufacturing or charging pile construction are expected to rise on the energy transition trend.