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2024-04-30 10:12:42 ET Summary Lucid is a luxury electric vehicle manufacturer with limited market presence and currently only one model, the Lucid Air. Lucid's deliveries grew slower than the overall US EV market, indicating deteriorating market share. Intense competition fro...
2024-04-07 04:43:13 ET Summary Global electric car sales Feb. 2024 up 3% YoY to 13% share. China sales down 9% to 33% share. Europe up 10% to 20% share. USA up 11% to 8.8% share.1. EV market news - Biden administration cracks down on gasoline-fueled cars. India cuts import taxes o...
2024-04-03 05:46:44 ET Summary Volkswagen AG increased its dividend per share to €9. The company also provides a solid 2024 outlook. Here at the Lab, we moved Dr. Ing. h.c. F. Porsche AG to a buy recommendation. Porsche Automobil Holding SE plans to deleverage in 2024. ...
2024-03-19 06:10:38 ET Summary Porsche reported negative results for 2023 but showed improvements in operating profit and margin. The company's investments in new models and BEV technology come at a price, impacting the bottom line. Despite risks related to the cyclical enviro...
2024-03-12 09:08:59 ET More on Porsche Historical earnings data for Porsche Automobile Financial information for Porsche Automobile Read the full article on Seeking Alpha For further details see: Porsche sees lower return on sales in 2024, targets launch ...
2024-03-08 08:15:54 ET Summary Porsche Automobil Holding SE is trading at a significant discount, with a market cap of $16 billion compared to its estimated value of $27 billion. The company's stake in Volkswagen AG, its most important asset, also appears significantly undervalued...
2024-03-06 11:52:43 ET Summary Global electric car sales Jan. 2024 up 63%YoY to 16% share. China sales up 95% to 32% share. Europe up 26% to 20% share. USA up 19% to 9.8% share. EV market news - Adamas Intelligence: What electric car slowdown? Global EV industry is breaking record...
2024-02-15 21:44:19 ET Summary Porsche AG shares have retreated below their IPO price from September 2022. The market is concerned about weak 2023 sales in China and a cautious 2024 outlook. Porsche increased deliveries in 2023 by 3%, will all regions except China at around +10%. ...
2024-02-06 15:17:12 ET Summary Global electric car sales Dec. 2023 up 40%YoY to 22% share. China sales up 46% to 37% share. Europe down 29% to 28% share. USA up 42% to 9.8% share. EV market news - A record 1.2 million BEVs were sold in the U.S. Britain ZEV mandate thresholds rise ...
2024-01-11 05:18:00 ET Summary East 72 Holdings is a unique Australian publicly listed investment company listed on the National Stock Exchange of Australia and is a leveraged investment company. Dynasty Trust benefited from diverse individual stock positions during the quarter. ...
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California-based EV startup Rivian Automotive Inc (NASDAQ:RIVN) supersedes legacy players like BMW (OTC:BMWYY) and Porsche (OTC:POAHF) in consumer ...
Chinese tech giant Xiaomi Corp. (OTC:XIACF) unveiled its first electric vehicle, the SU7. The company plans to compete against industry frontrunner...
Major automakers, including General Motors Company (NYSE: GM), Toyota Motor Corporation (NYSE: TM), and Volkswagen AG ...