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On Tuesday, the Bloomberg Electric Vehicle Price Return Index fell by 1.38% to 3023.59 points. Component stocks Lucid Group, Albemarle, Plug Power, MP Materials, and NIO all closed down by at least 3.59%, performing the worst. Among the six component stocks that closed higher, "Tesla rival" Rivian had the second largest increase at 2.25%, with Anhui Conch Cement Company up by 8.44%.
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