RIDE News and Press, Lordstown Motors Corp. From 06/29/22

Short-seller Grizzly Research has released a report outlining findings of alleged fraud by NIO on Tuesday evening. The report attempted to outline how NIO, through an unconsolidated entity, is falsely inflating revenue and net income pertaining to its BaaS business. The report als...

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Following 16 hours of negotiations, the European Union has agreed to a framework to eliminate carbon emissions from new cars and vans by 2035, effectively closing the chapter on the internal combustion engine. Many automakers are already in the process of switching over to cleaner fleets, but...

U.S.-based EV stocks jumped in early trading today, including widely followed Rivian Automotive (NASDAQ: RIVN) , struggling start-up Lordstown Motors (NASDAQ: RIDE) , and heavy truck maker Nikola (NASDAQ: NKLA) . Early gains ranged from over 1% up to 5% for Lordstown...

GGPI shareholders will be voting on its proposed merger with Swedish EV maker Polestar on Wednesday, June 22. Upon approval of the transaction, Polestar could be making its debut on Nasdaq under the ticker "PSNY" as soon as later this week. The stock is currently trading at its im...

Although the electric vehicle industry is poised to experience significant growth over the next couple of decades as more people ditch their combustion engine cars for EVs, affordability remains a major problem. A majority of American families simply cannot afford to buy an electric vehi...

While pure-play EV companies have been in the spotlight, actual production of battery electric vehicles has still been minimal (or zero) for many of these companies. Currently, the electric vehicle industry is still in its early stages with very few new entrant EV companies likely abl...

Global electric car sales April 2022 - Up 38% YoY, reaching 10.2% share. China sales up 61% YoY to 29% share. Europe sales were down 1% YoY to 19% share. EV market news - Q1 2022 EV sales limited by supply. IEA: Global EV sales strong in 2022. Global tipping point, 52% of car buyers w...

The Russell indexes annual reconstitution 2022 preliminary list is out and we are listing below notable companies in the Consumer Discretionary/Consumer Staples sectors which are scheduled for addition or deletion to the Russell Microcap Index. Changes become effective before m...

Some electric vehicle startup stocks are seeing selling pressure after Elon Musk warned of jobs cuts and a hiring freeze at Tesla (TSLA) due his "super bad" feeling on the economy Notable decliners in Friday morning trading included Lucid Group (LCID) -6.09%, Lordstown Motors (RIDE) -5.9...