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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...
Hyliion Holdings Corp . (NYSE: HYLN) (“Hyliion”), a leader in electrified powertrain solutions for Class 8 commercial vehicles, applauded the extension of the Alternative Fuels Tax Credit (AFTC) through 2021. Included with the passage of year-end funding and COVID-19 r...
Hyliion has a pretty good present solution given the existing fleet and availability of natural gas-powered trucks. The company has a head start over its competitors. There are several benefits to the company’s Hypertruck ERX system that I feel make it a compelling solution in ...
A cross-section of electric vehicle stocks are higher after yesterday's late report that Apple is moving ahead on developing a self-driving car that could use the company's own breakthrough battery technology. Gainers include GreenPower Motors ([[GP]] +6.4%), Niu Technologies ([[NIU]] +0.5%),...
Barclays initiates coverage of Hyliion Holdings (HYLN) with an Overweight rating. The firm assigns a price target of $20 to rep 27% upside potential. The high for Hyliion was $55.85 back in September when the stock was caught up in a broad EV rally.Hyliion is thinly-covered on Wall Street. Wi...
EV players such as Electrameccanica Vehicles (SOLO), Hyliion Holdings (HYLN) and Velodyne Lidar (VLDR) are very susceptible to pullbacks because they have been riding an ongoing EV wave absent a strong base of robust fundamentals. With the EV space now starting to get crowded with new players...
The EV sector is currently witnessing a retreat as several new companies this year have entered the industry via reverse mergers to benefit from surging demand. Hence, weak players like Hyliion Holdings (HYLN) and Kandi Technologies (KNDI) should be avoided in the near-term because they have ...
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...
The electric vehicle sector is having a rough day even if Tesla is running a victory lap over its inclusion to the S&P 500 Index all at once on December 21. Nikola ([[NKLA]] -14.5%) is facing some strain following the GM news yesterday and the expiration of the IPO lockup period on up to ...
The recent presidential election fueled gains in EV stocks as Biden’s leadership is green-centric with large tax credits for EV purchases and investments in charging infrastructure. More and more people are shifting toward EVs, with the main reasons being cost-efficiency, impro...
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Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a developer of sustainable electricity-producing technology, today announced the signing of a non-binding letter of intent (LOI) with U.S. Energy ™ , a leading developer and distributor of refined products, alternativ...
Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a developer of sustainable electricity-producing technology, today announced it will host a conference call and accompanying webcast at 11:00 a.m. ET / 10:00 a.m. CT on Wednesday, August 7, 2024, to discuss its financial results, th...
Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a developer of sustainable electricity-producing technology, is proud to announce the successful commencement of manufacturing of additive parts for the KARNO generator at its headquarters in Austin, Texas. This significant achiev...