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Chinese EV player Li Auto files for a $100M IPO in the U.S. More news on: BYD Company Limited, Geely Automobile Holdings Limited, Tesla, Inc., Consumer stocks news, IPO News, Read more ...
As Beijing ramps up infrastructure spending to revive the economy, Auto wholesales in China rose 11.6% Y/Y in June to 2.3M units, driven by growing demand for trucks and other commercial vehicles. More news on: NIO Inc., Great Wall Motor Company Limited, Great Wall Motor Company Limited,...
In signs of an uneven recovery in China, passenger car sales fell 6.5% Y/Y in June to 1.68M units after posting an increase in May, according to the China Passenger Car Association . The month was a difficult comparison because sales jumped in June of last year as dealers offered discounts ...
As part of an overhaul of its production system and lower demand for new cars in Europe, Daimler ( OTCPK:DDAIF +2.8% ) intends to sell its plant in Hambach, France. More news on: Daimler AG, Geely Automobile Holdings Limited, Daimler AG, Consumer stocks news, Stocks on the move, ...
Welcome to the June 2020 edition of Electric Vehicle [EV] company news. The big news this month was Germany doubling electric car subsidies and California's new zero-emission truck program. Also the realization that Tesla is building factories capable of producing 1.8 million Model Y BEVs by...
What's Next, for Tesla? Based on my study of Musk for the past many years, I find there are two completely different ways people interpret his comments. Bears adopt the belief that Musk lies, cheats, and cannot be trusted. They feel that anyone who writes positively about Musk or Tesla mus...
NOTE: A version of this article was first published on or about June 5, 2020, on my Seeking Alpha Marketplace site. For the month of May 2020, the Hyundai ( HYMLF ) Palisade had its best month since it launched in the U.S. in late June 2019. It sold a whopping 7,866 units in the U.S. - sim...
The China Association of Automobile Manufacturers discloses in a post on its official WeChat account that vehicle sales in China were estimated to have increased 11.7% to 2.14M in May. More news on: NIO Limited, Great Wall Motor Company Limited, Great Wall Motor Company Limited, Con...
Welcome to the May 2020 edition of Electric Vehicle [EV] company news. The big news this month was the reopening of many car manufacturing plants globally after the COVID-19 closures. The other big news was France's Euro 8.8b auto rescue plan. Also, some under the radar news is the rapid pro...
The China Association of Automobile Manufacturers says it expects auto sales for the year to be down 15% to 25% depending upon the severity of the pandemic and supply chain issues. More news on: NIO Limited, Great Wall Motor Company Limited, Great Wall Motor Company Limited, Consumer sto...