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In a positive start to 2021, the representative ETFs of Chinese companies rallied by a wide margin over with their respective U.S. counterparts. The outperformance came despite the dark cloud of investment bans on Alibaba and Tencent, as well as usage prohibition of certain Chine...
As a glimpse of a new normal is on the horizon, automakers are planning big EV launches this year. Even the Chinese internet giant Baidu (NASDAQ: BIDU) wants in on the action as it revealed on Friday it has formed a strategic partnership with the automaker Geely (OTC: GELYY) to create...
Global electric car sales records for November 2020 up 133% YoY reaching 5.9% share. Europe sales up 198% YoY reaching 16% share, China sales rose 138% YoY reaching 8.6% share. EV market news - Goldman Sachs believes EV adoption is accelerating. Apple reportedly plans to launch an ele...
LI sits second between NIO and XPEV in terms of cumulative deliveries as all three continue to capitalize on strong EV demand in China. Revenue growth should continue strong and profitability could soon arrive as LI boasts the highest margins of the three. LI has the most attracti...
Electric vehicles are upending the status quo of internal combustion vehicles, just like ICE vehicles once displaced the horse-drawn carriage. While many people may be familiar with EV pioneer Tesla, there is an entire ecosystem of battery producers and lithium mining firms that are p...
China Automotive Systems is a small manufacturer supplying power steering systems and components to leading automakers whose industry is burgeoning as are this company's revenues. Management is experienced, owns 43% of the shares, is buying back more on the open market, and expect to ...
Global electric car sales for Oct. 2020, up 127% YoY (fastest growth in 8yrs) at 4.9% share. Europe sales up 195% YoY reaching 13% share, China sales rose 120% YoY. EV market news - Biden's pro-EV sector policies. UK bans sales of new gas & diesel cars from 2030. USA Zero Emission...
Are These The Best Automotive Stocks To Watch Before December 2020? Automotive stocks have been rather volatile in the stock market since the pandemic began. Many automotive companies had to halt all production due to guidelines in place earlier this year, sending a full blo...
Both official and private surveys revealed bullish business sentiment across manufacturing and services sectors. Policy support for electric vehicles sent related stocks soaring. The leading players are supported by the Chinese internet giants. The shock eleventh-hour suspension o...
Do You Have These Top Trending Automotive Stocks On Your Watchlist This Week? The sector for automotive stocks can refer to a variety of different companies. Some of these companies include automobiles, EVs, motorcycles, parts, manufacturers, and many more. Top automotive stoc...