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2023-04-08 05:29:00 ET Summary Global electric car sales Feb. 2023 were up 49% YoY to 14% share. China sales up 56% YoY to 33% share. Europe up 14% YoY to 20% share. EV market news - EV demand sentiment was weighed on by some automakers in China heavily discounting ICE vehicles in...
2023-03-31 08:00:00 ET Summary This note takes a brief look at Ford’s data, examines EVs from a thematic ETF perspective, and looks deeper into profitability issues from an ex sell-side analyst perspective. U.S. battery electric vehicle sales grew 65.8% in 2022, according t...
2023-03-24 07:15:47 ET Listen on the go! Subscribe to Wall Street Breakfast on Apple Podcasts and Spotify U.S. prepared to take more actions to ensure deposits are safe, Janet Yellen says (00:50). Deutsche Bank ( DB ) shares tumble as cost of defa...
2023-03-23 18:14:55 ET Hyundai ( OTCPK:HYMLF ) and Kia ( OTCPK:KIMTF ) have issued recalls for more than 570K vehicles in North America, the U.S. National Highway Traffic Safety Administration said Thursday. The agency advised drivers to park the recalled vehicles far aw...
2023-03-23 15:16:29 ET S&P Global Mobility issued a mixed assessment of U.S. auto demand as part of its preview on March sales. Analyst Chris Hopson pointed to incoming reports of sustained, but still muted retail demand in March. The reports are said to reflect that some auto c...
2023-03-10 11:00:40 ET Summary Toyota and other Japanese car makers are trying to extend hybrids to possibly prevent electrification of transport in Indonesia. The Toyota thought bubble is about refitting ICE vehicles to become BEV (or hydrogen) powered. Toyota still talks abo...
2023-03-06 16:33:03 ET Summary The Korea Fund has geographic and industry diversification. Its performance track record is better than most Korean focused ETFs but investors are paying a slightly higher management expense ratio. KF provides exposure to South Korean blue chip c...
2023-03-04 06:31:40 ET Summary Global electric car sales Jan. 2023 were up 10% YoY to 11% share. China sales down 8% YoY to 26% share. Europe up 3% YoY to 17% share. EV market news - Rho Motion forecasts over 14 million global BEV and PHEV sales in 2023. No more fossil-powered tax...
Summary Hyundai Motor posts strong volume growth in early 2023. While guidance has been raised post-Q4, there remains ample room for upside, particularly on the margin front. With the valuation still undemanding and the shareholder return policy enhanced, Hyundai offers investors ma...
Summary This article is the first of a 3-part series discussing 10 sectors that could provide high returns in the future. This first part covers Artificial Intelligence (AI) and Healthcare Technology, highlighting companies and potential growth opportunities. We discuss why you shou...
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Experts push infrastructure to boost cross-border trade MONTERREY, Mexico — With nearshoring accelerating trade growth between the U.S. and Mexi...
Hyundai Motor Co‘s (OTC:HYMLF) Ioniq 5 electric vehicle is set to undergo a revamp, with over-the-air (OTA) updates, an expand...
Bayerische Motoren Werke AG‘s (OTC:BMWYY) unit BMW Manufacturing is teaming up with robotics startup Figure to deploy humanoid robots in i...