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General Motors' (NYSE: GM ) push into electric vehicles could pose a near-term risk as the company spends less to replace its more profitable gas-powered vehicles, according to a study by Bank of America. More news on: General Motors Company, Honda Motor Co., Ltd., Hyundai Motor Company,...
May domestic factory shipments and HMG Industry and stock outlook Industries that are set to benefit from the economic reopening of the US and Europe will be more attractive than those that stand to benefit from China's recovery. China, both at the state and local government levels, has ...
NOTE: A version of this article was first published on or about June 5, 2020, on my Seeking Alpha Marketplace site. For the month of May 2020, the Hyundai ( HYMLF ) Palisade had its best month since it launched in the U.S. in late June 2019. It sold a whopping 7,866 units in the U.S. - sim...
I like electric vehicles (EVs). I have owned them for years as my only cars. I like the smooth and quiet ride. I like not buying gas. I like charging at home. I like that they feel like the future. And I liked that they are “good for the environment.” Until I realized that this...
Kia Motors America ( OTCPK:KIMTF ) units sales declined 23.7% to 45,817 in May. More news on: Kia Motors Corp., Consumer stocks news, Read more ...
Hyundai ( OTCPK:HYMLF ) reports sales declined 39% Y/Y in May to 217,510 vehicles globally, due to COVID-19 impact. More news on: Hyundai Motor Company, Kia Motors Corp., Hyundai Motor Co., Ltd., Consumer stocks news, Read more ...
Welcome to the May 2020 edition of Electric Vehicle [EV] company news. The big news this month was the reopening of many car manufacturing plants globally after the COVID-19 closures. The other big news was France's Euro 8.8b auto rescue plan. Also, some under the radar news is the rapid pro...
NOTE: A version of this article was first published on or about May 21, 2020, on my Seeking Alpha Marketplace site. The first quarter of 2020 started out pretty well in the U.S. automotive industry, with sales holding up nicely and the sales mix continuing to shift in the direction of the ...
Kia Motors America ( OTCPK:KIMTF ) units sales declined 38.3% to 31,705 in April. More news on: Kia Motors Corp., Consumer stocks news, Read more ...
Welcome to the April 2020 edition of Electric Vehicle ((EV)) company news. The big news this month was the COVID-19 disruption. Despite this, global EV sales were solid mostly due to another great result from Europe, and China starting to recover. Perhaps the surprise for March was Tesla Mo...
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A survey conducted by JD Power on customer satisfaction among first-time electric vehicle (“EV”) owners revealed Tesla (NASDAQ: TSLA) , Ford (NYSE: F) and Kia (OTC: KIMTF) were their top choices. EV technology has been present for a while; however, its adoption has been ...
Electric vehicles (EVs) have been the next big thing in transportation for nearly a decade, but they're still a bit player in the auto market. According to a report by McKinsey & Company, despite 63% year-over-year growth, EVs were just 2.2% of the global auto market in 2018. In 2020,...
Asia is where the electric vehicle boom is well and truly underway: China is the world’s biggest market for EV cars in sales , while Japanese brands are in the vanguard of EV technology . Over a million EVs were sold in China in 2018 — more than double the amount so...