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2023-04-10 13:15:43 ET Summary A recent trip to China after the country reopened for tourism gives a glimpse into how rapid NIO's presence has grown in the five years since SOP. Conversations with prospective buyers in the two diverse economic regions also highlight key barriers t...
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...
2023-04-06 02:30:00 ET Summary Comus is a Washington State investment advisory that manages separate accounts for investors. Aaron Saunders is the owner and portfolio manager. In the first quarter of 2023, our investments experienced a total return of 8.17% before fees and 7.54% a...
2023-03-21 13:45:43 ET Summary Tesla, Inc. deserves a look even from conservative value investors. After fantastic execution from mid 2020 to present, Tesla is profitable on growing revenue. Ongoing market volatility, inflationary pressures, and a possible recession may provid...
2023-03-20 10:30:41 ET Summary Automakers usually decline markedly during U.S. economic recessions in GDP output. Tesla's valuation remains stretched, and may be priced for perfection. The bubble chart pattern may have further downside to go in 2023 before another meaningful r...
2023-03-16 04:12:00 ET Summary Fallen angels underperformed broad HY by 0.26% in February and now lagged by 0.32% YTD. In the Banking sector, following the collapse of Silicon Valley Bank several regional banks have had their ratings placed under review for possible downgrade. ...
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...
On Monday Nissan ( OTCPK:NSANY ) cut prices of the Nissan Ariva, the all-new electric crossover SUV in China, according to Cnevpost report. The Nissan Ariva is currently offered in four versions, including two single-motor versions as well as two dual-motor versions, all with st...
Summary Stellantis is the fifth-largest automaker with 14 brands, with Europe as its largest market. Expect EPS for 2022 to be $5.60, boosted by revenue growth in China and India. Additionally, I expect margin expansion thanks to capturing a portion of the synergies. STLA has achiev...
Summary Nissan's Q3 earnings for fiscal year 2022 showed significant improvement, with revenue increasing by 40% to JPY 2.84 trillion, operating profit increasing by 155% and automotive free cash flow turning. Nissan is facing challenges due to strong currency fluctuations, raw material...
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Nissan and Mitsubishi Corporation agree to explore new business in next-generation-mobility and energy-related services utilizing EVs TOKYO, Mar 18, 2024 - (JCN Newswire) - Nissan Motor Co., Ltd. (Nissan) and Mitsubishi Corporation (MC) have signed a memorandum of understanding to e...
Nissan and Honda to start feasibility study of strategic partnership TOKYO, Mar 18, 2024 - (JCN Newswire) - Nissan Motor Co., Ltd. (Nissan) and Honda Motor Co., Ltd. (Honda) announced today that the two companies have signed a memorandum of understanding under which they will begin ...
Nissan, Mitsubishi Motors, and NMKV mark production of 50,000th fully electric minivehicle YOKOHAMA & TOKYO, Japan, May 31, 2023 - (JCN Newswire) - Nissan Motor Co., Ltd. (Nissan), Mitsubishi Motors Corporation (Mitsubishi Motors), and NMKV Co., Ltd. (NMKV) today announced that ...