**Tesla's Q3 Surge, Canoo's UK Expansion, and Nio's New Rollout Highlight a Dynamic Week in EVs**

Electric vehicle (EV) stocks generally posted a positive performance in the week ending September 27, buoyed by significant moves from industry leaders and hopeful developments from promising startups. Tesla, Inc. surged with anticipations of robust third-quarter deliveries, while Canoo, Inc. made a notable entry into the UK market amidst internal changes. Chinese EV company Nio, Inc. also began deliveries of its new low-end model.

Tesla's stock climbed over 9% during the week, driven by optimism around the company's Q3 delivery numbers and its robust performance in China. According to data from Li Auto, Inc., 13,800 Tesla EVs were registered in China between September 16 and 22, despite a dip from the 15,600 vehicles registered the previous week due to the Mid-Autumn Festival holiday. Gary Black from Future Fund discussed the promising increase in Tesla's quarterly deliveries, which are up 18.5% year-over-year and 19.9% from the prior quarter. Analysts forecast third-quarter deliveries to reach between 465,000 and 470,000 units, surpassing the consensus estimate of 461,000 units.

Meanwhile, Canoo, Inc. announced its official launch in the UK by forming Canoo Technologies UK Limited and selecting Bicester Motion as a principal site. This marks a critical step in Canoo's global strategy. However, the company faces challenges as Christoph Kuttner, its senior director of advanced vehicle engineering and the last of the original co-founders, departed from the company. Canoo has also been hit by two new lawsuits from suppliers.

On the other hand, Nio, Inc. began delivering its first low-end EV under the ONVO brand on Saturday. The L60 model, equipped with a 60-kWh battery, began sales on September 19, priced at 206,900 yuan ($29,510). Deliveries for models featuring an 85-kWh battery are anticipated by December, positioning the L60 as a competitor to Tesla's Model Y.

In other notable news, General Motors Corp., together with its Chinese partner SAIC and battery manufacturer CATL, unveiled plans for the fastest-charging EV battery. The battery will utilize lithium-iron-phosphate chemistry, which allows for ultra-fast 6C charging.

The KraneShares Electric Vehicles and Future Mobility Index ETF also saw a rally, rising 3.39% on Friday and closing at $22.51. For the week, the ETF gained a remarkable 16.51%.

EV stocks showed strong performance amid these dynamic developments, propelled by significant milestones, strategic expansions, and technological advancements across the industry.