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Parts of the electric vehicle sector are holding up even as Omicron anxiety returns to the markets after Moderna's CEO warned on the effectiveness of vaccines. Notable EV-related gainers include XPeng (XPEV +5.7%), Li Auto (LI +3.0%), REE Automotive (REE +3.8%), Nikola (NKLA +3.4%), Ayro (AYR...
The electric vehicle sector is setting up for a bounce back from Friday's selling pressure after Li Auto's (NASDAQ:LI) earnings report came in strong and with Tesla (NASDAQ:TSLA) appearing to move closer to producing vehicles in Germany. Li Auto (LI) reported a surprise Q3 GAAP profit an...
It may be Black Friday, but investors are seeing red. Fears of a new COVID-19 variant discovered in South Africa shook the markets Friday, and hydrogen and fuel cell stocks were caught up in the pessimism. At the 1 p.m. ET close of Friday's abbreviated trading session, shares of Plug ...
Hyliion is a pre-revenue company and expecting delivery of its Hybrid eX units in Q4 2021. Its Hypertruck ERX system's commercialization plans have been delayed. Hyliion recently received an order of 300 units of Hypertruck ERX from Detmar Logistics. Powertrains using natural ...
The electric vehicle sector started out lower Wednesday and rose through the morning as Elon Musk's Tesla (NASDAQ:TSLA) stock sales and concerns about a potential Apple-designed (NASDAQ:AAPL) autonomous car overshadow the market. On Tuesday, Musk offloaded an additional 934,091 Tesla sha...
If you’re thinking about ditching your internal combustion engine (“ICE”) vehicle for an electric vehicle (“EV”), you probably aren’t the only one wrestling with the decision. As the effects of more than a century of industrialization become cleare...
As of my writing this, Tesla's "Technoking" (Elon Musk) is about halfway done with selling 10% of his Tesla stake. He's on pace to finish selling in a couple of weeks. The stock initially dove from over $1200 to ~$1000 when Musk began selling, but is now back up big in yet another wav...
EV market cap is too high even if they win market share. An increased prevalence of EVs will dramatically increase demand for green energy infrastructure. The infrastructure companies are well positioned to capture profits as the sector grows. For further details see: Se...
While much of the electric-vehicle (EV) investing world was focusing on Rivian Automotive and Lucid Group last week, the stock of start-up Nikola (NASDAQ: NKLA) steadily declined. That continued today, bringing the five-day drop to almost 20%. After dipping more than 8% ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Rocket Lab (NASDAQ: RKLB ) is a diversified space company. It is the leader in reusable small launch rocket space, and is active in other areas such as building parts and systems for satellites. As the space sector co...
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A recent Automotive News report has revealed that electric vehicles are cheaper in 2024 compared to previous years. Even though battery electric vehicle (BEV) sales have seen a notable fall in recent months, data from the report shows that EVs are easier to buy this year. According to the rep...
NIKOLA AND ITD INDUSTRIES LAUNCH FIRST HYDROGEN STATION IN ONTARIO Canada NewsWire New station marks major step towards decarbonizing Canada's busiest commercial transport sector TORONTO , July 30, 2024 /CNW/ -- Nikola Corporation (Nasdaq: NKLA), ...