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Global electric car sales for May 2022 - Up 55% YoY, reaching 12% share. China sales up 109% YoY to 31% share. Europe sales up 3% YoY to 19% share. EV market news - EU nations approve end to combustion engine sales by 2035. BYD says shift to EVs moving “much faster” than...
Following 16 hours of negotiations, the European Union has agreed to a framework to eliminate carbon emissions from new cars and vans by 2035, effectively closing the chapter on the internal combustion engine. Many automakers are already in the process of switching over to cleaner fleets, but...
Global electric car sales April 2022 - Up 38% YoY, reaching 10.2% share. China sales up 61% YoY to 29% share. Europe sales were down 1% YoY to 19% share. EV market news - Q1 2022 EV sales limited by supply. IEA: Global EV sales strong in 2022. Global tipping point, 52% of car buyers w...
As the EV industry progresses, competition between Tesla and ICE majors transitioning to EV will increase, likely leading to lower margins. EV infrastructure is limited, production costs are high, and mass-market segments have not been reached, factors needed in order to accelerate ad...
Core marketing revenues could be impacted by search's falling ad spend share. Non-marketing revenues on the rise. Delisting risks have not been entirely eliminated. For further details see: Baidu: China's Search Engine Leader And Emerging AI Leader
Global electric car sales March 2022 - Up 60% YoY reaching 15% share. China sales up 118% YoY to 26% share. Europe sales were up 10% YoY to 22% share. EV market news - Biden invokes Defense Production Act to boost EV battery production. Electric car sales soar despite ballooning batte...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Gores Guggenheim ( GGPI ) is a special purpose acquisition company (SPAC) that’s still looking to sign its target, EV maker Polestar Polestar just announced its agreement with Hertz for 65,000 cars over the ...
Gores Guggenheim ("GGPI") announced its planned de-SPAC transaction with Volvo- and Geely-backed electric vehicle maker Polestar last year. The transaction is expected to close in the first half of 2022. The GGPI stock continues to trade at a discount to other EV pureplays, despit...
Global electric car sales Feb. 2022 - Up 99% YoY reaching 9.3% share. China sales up 176% YoY to 20% share. Europe sales were up 38% YoY to 20% share. EV market news - UK hits new record electric car market share. Germany joins EU ICE ban by 2035. Record high gas prices are driving de...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips GGPI stock offers value in the risky EV space Gores Guggenheim has macro and geopolitical risks Don’t trade; park in GGPI stock for long-term gains Source: Jeppe Gustafsson / Shutterstock.com Positive com...