RNSDF News and Press, Renault S.A. From 10/04/21

The portfolio gained 3.51% in the third quarter 2021 and the performance YTD increased to 81.19%. The portfolio outperformed the German DAX (+11.26%) and the MSCI World Index (+12.37%) in 2021. My best performers of Q3 were Gazprom (+38.1%) again, freenet (+13.5%), and Bank of Chi...

After four months of accelerated growth, European Union car registrations slipped 19.1% Y/Y in August to 622,993 units, followed by 23.2% decline in July to 823,949 units. The market picked up with +87.3% in March, +218.6% in April, +53.4% in May and +10.4% in June, after ...

Europe's climate policies and long-term energy strategies, combined with global energy and economic trends, are setting up for a perfect economic storm. Electricity and natural gas prices are reaching record highs. If oil will see a fall-winter rally, combined with unfavorable weather...

PLUG will likely hit its revenue growth forecasts which stand at around 50% CAGR in the next 3-5 years. However, challenges around profitability still exist, stemming from a high cost of ownership manifested in high repair and maintenance costs. Despite these challenges, PLUG rema...

A repeat of Renault SA's good 1H 2021 financial performance in the second half is unlikely due to headwinds such as the semiconductor chip shortage and high raw material costs. Besides financial results, the market's focus is on potential corporate actions like dividends and divestmen...

Global electric car sales for July 2021 were up 94% YoY reaching 7.1% share, third best month ever. China sales rose 143% YoY reaching 15% share. EV market news - Biden outlines target of 50% EV sales share in 2030. UBS forecasts 25% EVs by 2025 and 60-70% by 2030. Musk says EVs at "i...

Tesla (TSLA +0.7%) tracks closer to selling cars in India after receiving approval to make or import different models in the nation. A posting on the India Ministry of Road Transport and Highways' website indicates four different TSLA models were approved for being on the roads in India....

Global electric car sales for June 2021 were up 153% YoY reaching 8.7% share. Europe sales rose 157% YoY reaching 19% share, and China sales rose 158% YoY reaching 15% share. EV market news - EU proposes end to the internal combustion engine in 2035. Bank of America sees EVs represent...

Commercial vehicle registrations in the European Union increased 12.4% to 185,573 units in June, followed by +51.3% in May.Demand was largely driven by Central European countries +43.4%, while only two of the four key Western European markets showed positive results: Germa...

Shares of hydrogen fuel cell maker Plug Power (NASDAQ: PLUG) are under pressure today, and it may be because of a newly announced liquid hydrogen fuel cell collaboration. As of 11:50 a.m. EDT, Plug Power shares were down 6.2%. In early June Plug Power and French automaker ...