Tag: EV


Chinese EV Maker BYD Exploring Mexico Factory as Entry to U.S. Market

February 15, 2024

Via: The Wall Street Journal

Chinese automaker BYD has set its sights on Mexico as its quest for global expansion turns toward North America. The Shenzhen-based car company, whose rapid growth has made it one of the world’s largest electric-vehicle sellers, is scouting locations in […]

Industries, Others

Reaching The Finish Line Of The EV Race Is A Daunting Task, One That Some Won’t Be Able To Accomplish

August 7, 2023

Via: Markets Insider

For all those who are not Tesla Inc (NASDAQ:TSLA) or one of the biggest Chinese EV makers, the EV venture is wildly risky ride that makes profitability seem like mission impossible sometimes. Although Kelley Blue Book reported that EV sales […]

Industries, Manufacturing

Tesla stock could slump 50% while 3 legacy automaker pose challenge to EV leadership, says Livermore hedge fund manager

January 19, 2022

Via: Markets Insider

Tesla stock is ripe for a big decline in the event of a market slump as several legacy automakers catch up in the electric-vehicle space, according to hedge fund manager David Neuhauser. In an interview with CNBC, the chief investment […]

Industries, Manufacturing

Tesla soars 7% after smashing estimates to deliver 308,600 vehicles in the 4th quarter

January 3, 2022

Via: Markets Insider

Tesla stock soared as much as 7% on Monday after the electric vehicle manufacturer reported fourth-quarter deliveries that sailed past analyst expectations. The company delivered 308,600 vehicles and produced 305,840 vehicles. Wall Street analysts had been expecting Tesla to deliver […]

Industries, Manufacturing

With high-profile backers, EV startup Rivian goes public

November 10, 2021

Via: ABC News

Shares in Rivian Automotive are set to trade publicly Wednesday, and the world should get a better idea of just how hot investors are for the electric vehicle market. Rivian, the EV startup backed by Amazon and Ford, raised at […]

Industries, Manufacturing

Why This Lordstown Motors Analyst Sees 66% Downside In EV Stock

October 5, 2021

Via: Markets Insider

Struggling electric truck manufacturer Lordstown Motors Corp. (NASDAQ:RIDE) recently announced its decision to sell its Ohio plant to Taiwanese contract manufacturer Hon Hai Precision Industry Co., Ltd. (OTC:HNHPF). The Lordstown Analyst: Morgan Stanley analyst Adam Jonas downgraded Lordstown shares from […]

Enterprise, Industries, Manufacturing

Ford CEO promises ‘year of action’ as he accelerates company restructuring and transition to EVs

February 4, 2021


DETROIT – Ford Motor CEO Jim Farley is promising something Wall Street has been asking from the storied American car manufacturer for years: A clear and decisive plan as the auto industry transitions to electric vehicles. In the coming months, […]

Enterprise, Industries

Volkswagen is the latest carmaker to tap the red-hot green-bond market to fund its EV ambitions

September 16, 2020

Via: Fortune

Volkswagen AG is making its green-bond debut, about two weeks after Daimler AG, as automakers tap socially responsible investors to help pay for the hugely expensive shift to electric vehicles. The maker of VW and Audi brand cars is offering […]

Industries, Manufacturing

General Motors takes 11 percent stake and $2 billion in equity in electric truck maker Nikola

September 8, 2020

Via: NBC News

General Motors is taking an 11 percent stake in electric truck maker Nikola, agreeing to build its hydrogen fuel cell electric pickup truck the Badger by the end of 2022. Nikola’s shares surged by about 45 percent in premarket trading, […]


Electric Cars Sales Fall for the First Time Ever

September 3, 2019

Via: Fortune

Global electric-car sales fell for the first time in modern history in July after China scaled back purchase subsidies, highlighting the role government assistance is having on the burgeoning market. Monthly sales worldwide fell 14% to about 128,000 plug-in passenger […]

Industries, Manufacturing

Tesla shares jump after Canaccord Genuity upgrades the stock and predicts 40% rally from here

February 11, 2019


Tesla shares got off to the week with a good start after Canaccord Genuity upgraded the stock and predicted a monster rally from here as electric vehicle penetration improves and the company gets closer to building a car that is […]