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InvestorPlace - Stock Market News, Stock Advice & Trading Tips Mullen Automotive ( MULN ) stock dipped 80% since its reverse merger Headwinds for electric vehicle startup stocks will carry on as EV rivalries grow The downturn will not end until Mullen brings its finished vehic...
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...
The automobile sector comes off a rough road in Q1 when visions of a Green Tidal Wave faded into the realities of commodities inflation and more supply chain disruption. Looking ahead, Morgan Stanley warned that the combination of 40-year high CPI inflation, record gas prices and interest rat...
Automobile stocks broke higher on Tuesday with incremental progress in the Ukraine-Russia talks being reported. Russia is no longer asking that Ukraine be "denazified" and is prepared to let the nation join the EU if it remains militarily non-aligned. That includes ditching its NATO aspiratio...
Today, we take our first look at a company named Arrival that recently debuted on the U.S. market. Like most EV-related concerns in recent months, the stock has cratered as the market has gone into 'risk off' mode. Can the shares rebound? A full investment analysis follows in the ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips A company’s popularity among investors is a key attribute required for its stock to attain relatively high valuations and outperform peers. This phenomenon is more important in new industries, and the electric vehicl...
UBS slashed its price target on Neutral-rated Arrival (ARVL +2.5%) on its view that expectations need to be kept in check. "While Arrival appears to have a compelling offering, both in terms of product and production, we are cautious that the ramp up in production and sales will not be rapid ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips In the wake of Lucid’s (NASDAQ :LCID ) fourth-quarter results, reported on Feb. 28 , Wall Street and the media seem to be very focused on the reduction in the automaker’s production guidance. Converse...
Are These Penny Stocks on Your Watchlist After Today’s Session? After a very positive day of trading penny stocks and blue chips, there is a lot for investors to understand right now. During trading, we saw the S&P 500 see its best-performing day in almost two years. And beca...
Demand for electric vehicles has increased immensely over the past year owing to rising oil prices and climate change concerns. Wall Street analysts expect the shares of Arrival (ARVL) and Sono Group (SEV) to gain significantly in the coming months, despite being down more than 55% in price y...
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