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Record global electric car sales for Sept. 2020, up 91% YoY, with 4.9% market share (3.4% YTD). Europe sales surged 166% YoY reaching 12% share, China sales rise 66% YoY. EV market news - New Jersey follows California in banning gas car sales by 2035. China sets sights on global EV do...
The Fund seeks to generate equity-like returns over the long term, take less risk than the market and avoid permanent impairment of capital. We invest across capital structure, geographies, sectors. The FPA Crescent Fund gained 3.80% for the third quarter and declined -5.12% for the f...
Global electric car sales for August 2020 were up 58% YoY, with 3.8% market share (3.1% YTD). Europe electric car sales surged 171% with 11% market share in August. Wow! EV market news: California to ban new gasoline cars by 2035. Tesla Battery Day numbers were mind blowing. Forbe...
"There's no need for a four-day week to secure jobs," Volkswagen ( OTCPK:VLKAF ) labor chief Bernd Osterloh told Welt am Sonntag newspaper, saying its existing cost-cutting plan was enough (VW rolled out "Future Pact" in 2016). More news on: Volkswagen AG, Bayerische Motoren Werke Ak...
Welcome to the August 2020 edition of Electric Vehicle [EV] company news. What a month! August saw some record July EV sales announced and a monster month of EV news, especially with so many new players. The biggest news would have to be the European EV sales boom smashing all past records i...
US light-vehicle sales are estimated to have dropped 12.2% year on year (y/y) to 1,227,420 units in July and decreased 21.8% y/y to 7,688,741 units in the year to date (YTD). The seasonally adjusted annual rate (SAAR) of US light-vehicle sales is estimated to be 14.1-14.5 million units in July...
NOTE: A version of this article was first published on or about Aug. 4, 2020, on my Seeking Alpha Marketplace site. July month sales numbers from European countries are starting to come in, and things are not looking good for Tesla ( TSLA ), to put it mildly. As of this writing, we have ...
Welcome to the July 2020 edition of Electric Vehicle company news. July was a month of victories for EV leader Tesla (TSLA), as they released their fourth consecutive profitable quarter thereby becoming eligible to join the S&P 500. Tesla is up 535% in the past year. Volkswagen jumped ...
Porsche ( OTCPK:POAHF ) unit sales declined 19.9% to 12,192 units in Q2. More news on: Porsche Automobil Holding SE Preferred Shares, Porsche Automobil Holding SE, Consumer stocks news, Read more ...
Welcome to the June 2020 edition of Electric Vehicle [EV] company news. The big news this month was Germany doubling electric car subsidies and California's new zero-emission truck program. Also the realization that Tesla is building factories capable of producing 1.8 million Model Y BEVs by...
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In this episode of Motley Fool Answers , Alison Southwick is joined by Motley Fool personal finance expert Robert Brokamp and Motley Fool analyst Jason Moser to go through the mailbag to answer listeners' questions. They start with a discussion of the stimulus package. Then they answer listen...
Shares of Dynatrace (NYSE: DT) gained 31.3% in November, according to data from S&P Global Market Intelligence . On the heels of strong second-quarter results delivered at the end of October, the stock posted gains thanks to favorable analyst coverage, momentum for the broader market, a...
Umicore (OTC Pink: UMICF ,EBR:UMI) has joined forces with South Korean battery maker LG Chem (OTC Pink: LGCLF ,KRX:003550) to supply nickel -cobalt- manganese cathode materials for battery production. The deal, which is set to start in 2020, will see the Belgian batt...