Electric car companies including Lucid Group Inc., Fisker Inc., and Hyliion Holdings Corp. are leading peers in revenue growth as rising interest rates and pandemic restrictions slow demand globally, including in China, the world’s largest EV market. A key benchmark, the KraneShares Electric Vehicle and Future Mobility ETF (KARS), fell 17% in the past 12 months, compared with a 7% drop in the Russell 1000 Index.