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Globally, EVs accounted for less than 5% of total car sales in 2020, but the segment grew 45% to even amid the pandemic. Beyond commitments from OEMs to expand their EV lineups, supportive government policies around the world are further driving EV adoption. While OEMs and governm...
The world is waking up to climate change, creating massive opportunities for electric vehicle companies. However, competition will be fierce. In a crowded field, XPeng's advanced, internally-developed autonomous driving technology is an important source of its competitive advantage. ...
Global electric car sales for April 2021 were up 249% YoY reaching 5.7% YTD share. Europe sales rose 136% YoY reaching 15% share, China sales rose 173% YoY reaching 10% share. EV market news - EV prices fall as battery technology improves, EV/ICE parity forecast by 2023. Consumers and...
Daimler (DDAIF) and Nokia (NOK) have signed a patent licensing agreement.Under the agreement, Nokia licenses mobile telecommunications technology to Daimler and receives payment in return.The parties have agreed to settle all pending litigation between them, including the complaint by Daimler...
The world is waking up to climate change, creating massive opportunities for electric vehicle companies. However, competition will be fierce. Li's EREV offering gives customers the best of the EV and ICE worlds: subsidies and range. With a more reasonable valuation and the chance ...
Arclight Clean Transition Acquisition Company will soon hold a vote on its business combination with Proterra. Proterra is in the business of supplying batteries to electric vehicle OEMs and others. The take rate through founder shares is quite modest but could unfortuantely still...
The world is waking up to climate change, creating massive opportunities for electric vehicle companies. However, the competition will be fierce between Tesla, EV startups and ICE OEMs. NIO's innovative battery strategy gives it a decent chance of capturing a leading position in t...
Luminar continues to add partnerships and build their order book beyond the $1.8 billion target for 2021. The company continues to supply lidar sensors to the biggest players in the auto sector, including a surprise test with Tesla. The stock has limited upside trading at 8.5x 202...
Group 1 Automotive has a strong business model, operating at efficiency. Earnings are set to improve as the UK market re-emerges. Metrics show that the company has more value than its peers. The board is shareholder-driven. For further details see: Group 1 Automotive...
Daimler Truck sets out ambitions as an independent company PR Newswire STUTTGART, Germany , May 20, 2021 /PRNewswire/ -- Daimler Truck hosts inaugural Strategy Day for investors and analysts, setting out financial and technology goals Determ...