DMLRY News and Press, Daimler AG ADR From 04/04/22

Global electric car sales Feb. 2022 - Up 99% YoY reaching 9.3% share. China sales up 176% YoY to 20% share. Europe sales were up 38% YoY to 20% share. EV market news - UK hits new record electric car market share. Germany joins EU ICE ban by 2035. Record high gas prices are driving de...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Nvidia ( NVDA ) is expanding beyond the gaming segment. It has entered the automotive industry with agreements with some of the top companies and has a trillion dollar opportunity. NVDA stock is a solid buy and hol...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Alphabet’s (NASDAQ: GOOG , NASDAQ: GOOGL ) Waymo unit announced on March 30 that it will expand its San Francisco test of autonomous driving  It’s a sign the company is getting closer to...

Spin off of Daimler Truck leaves Mercedes-Benz management focused on core business. We take a look at inflationary and Russia/Ukraine risks in detail. In a prime position to take advantage of BEV penetration. Inefficient distribution of capital considering EVs and autonomous d...

Russia's decision to demand ruble payments for its natural gas exports to the EU, threaten the viability of the euro currency as a global FX reserve. Before this latest blow to the global status of the euro, there was some hope in Europe that the euro could compete with the USD as a g...

Taiwanese EV battery-maker ProLogium, which is backed by Mercedes-Benz, is reportedly considering an initial public offering in either the US or Europe as early as this year. The company is debating whether to hold the IPO in 2022 or 2023. It may also conduct another fundraising round before ...

New commercial vehicle registrations in the European Union fell 15.7% to 131,874 units in February, followed by 11.1% decline in January. Except for heavy commercial vehicles, all segments recorded declines. Spain -23.3%, France -21.4%, Germany -8.1% and Italy -4.8%. On YTD bas...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Since reporting earnings last week, shares of Rivian (NASDAQ: RIVN ) stock have tumbled, down more than 10% currently. The electric vehicle (EV) maker reported a $2.5 billion net loss during the fourth quarter as ...

The war in Ukraine has overshadowed any other market development in February. I have kept my portfolio intact and made a couple of purchases while divesting one small position. The combination of soaring inflation and geopolitical uncertainty has rattled markets but despite some d...

Global electric car sales Jan. 2022 - Up 87% YoY reaching 10% share. China sales up 115% YoY to 17% share. Europe sales were up 39% YoY to 19% share. EV market news - US$5B plan to fund EV charging network over 5 years. USA Q4, 2021 EV sales up 72%. 10 electric pickups coming to the U...