Tellus Power has reinforced its position in the electric vehicle (EV) market by emphasizing its U.S.-based manufacturing and sourcing strategy, aimed at overcoming challenges related to tariffs and supply chain disruptions. By investing in local production facilities in Irvine, California, the company illustrates how American manufacturing can effectively deliver reliable, high-quality DC fast chargers. This strategic move aligns with its "Built Here. Ready Now." philosophy, ensuring stability and dependability in a volatile market. Tellus Power’s approach highlights the potential for EV infrastructure to thrive through localized production, offering a roadmap for resilience and stability within the industry.

In other market news, Chongqing Qianli Technology was a standout up 5.3% and closing at CN¥8.58. Meanwhile, Mobileye Global lagged, down 3.3% to finish the session at $11.90.

Mobileye's strategic focus on advanced markets could rapidly drive revenue growth through significant design wins. Discover more about Mobileye's potential in our detailed company narrative.

For an in-depth analysis of the pressures on the auto industry amid tariff chaos and EV momentum shifts, don't miss our Market Insights article, "Automakers Caught In The Tariff Crossfire."

Best EV Stocks

• Ford Motor ended the day at $9.63 up 2.4%. This week, Ford amended its credit agreements to extend maturities and adjust commitments.
• NIO closed flat at $3.52.
• Tesla finished flat at, $241.37.

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• Access the full spectrum of 46 EV Stocks including HELLA GmbH KGaA, BAIC BluePark New Energy TechnologyLtd and LG Energy Solution by clicking on this link.
• Want Some Alternatives? AI is about to change healthcare. These 26 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Sources:

• Simply Wall St
• "Tellus Power’s Growing U.S. Footprint Demonstrates Tariff-Resilient Manufacturing" from Tellus Power on GlobeNewswire (published 16 April 2025)

Companies discussed in this article include SHSE:601777 NYSE:F NYSE:NIO NasdaqGS:TSLA and NasdaqGS:MBLY.

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