RIDE News and Press, Lordstown Motors Corp. From 09/26/22

As the race to complete electrification speeds up, U.S. authorities have become increasingly uncomfortable with America’s reliance on foreign nations in the nascent EV sector. Although American company Tesla was and still is the most dominant entity in the global EV market, a signific...

Tesla’s EV dominance may fall soon to a Chinese firm called BYD (Build Your Dreams). Founded back in 1995 by entrepreneur, chemist, and billionaire Wang Chuanfu, BYD first started its life as a battery maker before transitioning into full-scale EV manufacturing. The Shenzen-based co...

Summary Global electric car sales July 2022 - Up 61% YoY to 14% share. China sales up 112% YoY to 28% share. Europe down 5% YoY to 19% share. US 5% share. EV market news - USA passes the Inflation Reduction Act. China extends NEV purchase tax exemption worth 100 billion yuan to th...

Reversing course from their falls in the first half of the week, markets are moving slightly north today. Shares of renewable energy stocks Bloom Energy (NYSE: BE) , Lordstown Motors (NASDAQ: RIDE) , and Plug Power (NASDAQ: PLUG) , however, are jumping a litt...

Now that the final version of the Inflation Reduction Act (IRA) has been signed into law, investors have had some time to determine what companies might be the beneficiaries and which might lose out. Today, gains in shares of Nikola (NASDAQ: NKLA) , Lordstown (NASDAQ: RIDE) ...

Shares of electric vehicle (EV) original equipment manufacturers (OEMs) Lordstown Motors (NASDAQ: RIDE) and Nikola (NASDAQ: NKLA) , as well as battery manufacturer QuantumScape (NYSE: QS) , each fell hard today, down 7.5%, 7.8%, and 5.6%, as of 12:30 p.m. ET. The...

Electric vehicle (EV) stocks went on a tear as the Inflation Reduction Act (IRA) made its way through Congress and investors saw a huge boost for the sector coming. EV charging companies ChargePoint Holdings (NYSE: CHPT) and Blink Charging (NASDAQ: BLNK) are up 21% and 30%, ...

For the average driver, switching from a conventional gasoline-powered vehicle to a battery electric vehicle (BEV) will be a big change. Since the vehicles are powered by rechargeable battery packs rather than internal combustion engines, battery electric vehicles produce zero carbon emissio...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Electric vehicle (EV) stocks have had a tumultuous few years. A number of factors have made some electric-vehicle stocks very risky for investors. Particularly dangerous are EV makers that are generating huge losses, are ru...

Tesla (NASDAQ: TSLA) and other EV stocks are ending the week on a high note. Tesla shares were moving higher by 3.3% as of 2:10 p.m. ET. Start-ups Nikola (NASDAQ: NKLA) and Lordstown Motors (NASDAQ: RIDE) spiked as much as almost 10% early Friday. Those shares were s...