GOEV News and Press, Canoo Inc. From 03/01/23

The last 24 hours have brought two less-than-bullish earnings reports for the electric vehicle industry and it's pulling the entire segment lower in trading on Wednesday. Rivian (NASDAQ: RIVN) started the trend when it released earnings after the market closed on Tuesday, but Workho...

This young year hasn't been perfect, but it's been generally kind to growth stocks. Investor sentiment turned against high-octane stocks in 2021 and 2022, but many of the former market darlings started to bounce back in January. They're not all participating in the recovery effort. Some of th...

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Electric vehicle (EV) stocks are dropping today after multiple disappointing news items. Rivian Automotive (NASDAQ: RIVN) , Lordstown Motors (NASDAQ: RIDE) , and Canoo (NASDAQ: GOEV) were down 7.9%, 14%, and 10.1%, respectively, at 12:05 p.m. ET. And there was a good reaso...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Electric vehicle startups have sprung up in droves to capitalize on the industry’s massive growth potential. For investors, identifying the top electric vehicle startups could result in multi-bagger returns down the...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Given the pressures we’re seeing in many areas of the economy, it’s no surprise that businesses are feeling the heat. That’s got us looking at a few stocks on bankruptcy watch. When it comes to investing,...

Stocks were mostly lower early Tuesday after the latest inflation report showed consumer prices remain stubbornly high, even as the Federal Reserve has maintained its campaign of raising interest rates to slow growth. But some electric vehicle (EV) names were still gaining ground in the market se...

The EV price war is heating up -- and electric car stocks are going down. This morning, luxury EV manufacturer Lucid Group (NASDAQ: LCID) announced that for a "limited time" it will give buyers of "select configurations" of its Lucid Air electric sedan a $7,500 EV credit -- so bas...

Summary Global electric car sales Dec. 2022 were an estimated 1.1 million+. China sales up 83% YoY to 30% share. Europe up 147% YoY to 38% share. US ~7% share. EV market news - UK's petrol and diesel sales eroded as EV sales surged 40% in 2022. China new-energy vehicle sales, shipments ...

Several U.S.-based electric vehicle (EV) stocks were sliding Tuesday morning as investors balance increasing competition against growth initiatives. Rivian Automotive (NASDAQ: RIVN) , Lucid Group (NASDAQ: LCID) , and specialty EV maker Canoo (NASDAQ: GOEV) all sank between...