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2023-10-31 13:13:16 ET Summary Toyota is not currently transitioning to the BEV (battery electric vehicle) and exiting the ICE (internal combustion engine). In the US Toyota claims 31.5% of its vehicle sales are “electrified” cars (with an ICE), when its BEV sales ar...
2023-10-24 10:12:11 ET Summary China has become the world's largest vehicle exporter, with a significant portion of its growth attributed to new energy vehicles, particularly electric vehicles. Europe is driving the demand for Chinese EVs, while gas-powered vehicles are more popul...
2023-10-18 10:08:45 ET Summary Navitas brings a strong value proposition in the power semiconductor industry with its GaN integrated circuit, which brings speed, energy savings and efficiency and lower weight and size. The company is gaining traction outside of its initial mobile ...
2023-10-10 05:43:00 ET Summary ECARX has announced a number of big new sales since May, but all are to China-based car makers and brands tied to its controlling stakeholder, Geely founder Li Shufu. The company’s revenue rose 45% in the second quarter, but a big part of that...
2023-10-09 10:51:08 ET Summary Global electric car sales in Aug. 2023 up 45% YoY to 18% share. China sales up 36% to 39% share. Europe up 68% to 30% share. USA up 71% to 9.5% share. EV market news - EVs to surpass ⅔ of global car sales by 2030, putting at risk nearly half o...
2023-10-05 17:55:27 ET Summary Geely Auto's shares have been caught up in the downturn in Chinese auto stocks, but have held up better than most BEV-centric rivals. Geely is struggling to gain market share in the most attractive parts of the Chinese auto market, particularly in th...
2023-09-13 13:31:36 ET Summary Morgan Stanley raises Tesla, Inc.'s price target to $400, estimating that the Dojo supercomputer could add billions to its market cap. I agree with the bank's estimates, and I actually reached a similar conclusion a few months ago. However, the b...
2023-09-11 10:56:39 ET Summary Global electric car sales July 2023 up 41% YoY to a 16% share. China sales are up 31% to a 38% share. Europe sales are up 48% to a 23% share. USA sales are up 53% to a 9% share. EV market news - The IEA is forecasting 14m global plugin electric car s...
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...
2023-07-07 08:51:43 ET Summary Global electric car sales for May 2023 were up 50% YoY to 16% share - China sales were up 54% to 35% share, Europe was up 38% to 23% share, USA was up 68% to 8% share. EV market news - Ford, GM and Rivian, Volvo & Polestar to join Tesla's EV char...