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2023-08-04 07:30:00 ET Summary Tesla, Inc. has become the only new car company in decades to achieve significant profitability and has made EVs mainstream. It has strong optionality in battery storage, which is growing at 50% per year and, by 2027, could make up 20% of profits. ...
2023-08-03 18:09:26 ET Summary Innoviz Technologies Ltd. reported a mixed Q2 2023, with the company starting a production deal with BMW. The Lidar sensor company guided up 2023 revenue targets to $15 to $20 million. The stock is cheap here with a market cap of $550 million far...
2023-08-03 15:04:02 ET Bayerische Motoren Werke Aktiengesellschaft (BMWYY) Q2 2023 Earnings Conference Call August 3, 2023 8:00 AM ET Company Participants Max Schöberl – Investor Relations Walter Mertl – Chief Financial Officer Oliver Zipse ...
2023-08-03 08:31:17 ET Summary Global electric car sales June 2023 up 38% YoY to 19% share. China sales up 28% to 38% share. Europe up 42% to 25% share. USA up 38% to 9% share. EV market news - China 6b emission standard started on July 1. China to bolster its economy. U.S. propos...
2023-08-02 10:34:51 ET Major earnings expected before the bell on Thursday include: ConocoPhillips ( COP ) Iron Mountain ( IRM ) Moderna ( MRNA ) The Southern Company ( SO ) Warner Bros. Discovery ( WBD ) For further details see: Notable e...
2023-07-29 20:45:24 ET The Biden administration issued a proposal this week directing automakers to raise the fuel economy of their vehicles to a fleet-wide average of 58 miles per gallon by 2032, as it seeks to cut greenhouse gas emissions and reduce the use of fossil fuels. The prop...
2023-07-26 22:26:00 ET Summary Countries and companies are increasingly wary of possible shortages of raw materials going forward and seek to secure supply. Battery metal demand is also evolving as demand shifts between chemistries. Current interdependence is significant and a...
2023-07-25 10:00:07 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips As the electric vehicle (EV) revolution progresses, many companies are working on developing batteries for EVs that are superior to those that are available now. Specifically, firms are seeki...
2023-07-24 09:30:00 ET Summary BYD has surpassed Tesla in the EV market share and is expanding its EV and battery production capacity, with new plants scheduled to be operational in China and an EV factory in Thailand commencing production in 2024. China's new emission standards a...
2023-07-24 07:06:52 ET Vietnamese electric vehicle maker VinFast ( VFS ) plans to break ground this week on a delayed factory in North Carolina. VinFast aims to be the first Vietnamese car brand to produce electric vehicles and the first to expand into global markets. The auto arm o...
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