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InvestorPlace - Stock Market News, Stock Advice & Trading Tips While electric vehicles (EVs) may represent the future of transportation and mobility, contemporary woes impacted their valuations on Thursday. In particular, premium luxury brand Lucid (NASDAQ: LCID ) fell sharply on Thurs...
Electric vehicle (EV) stocks are dropping today after multiple disappointing news items. Rivian Automotive (NASDAQ: RIVN) , Lordstown Motors (NASDAQ: RIDE) , and Canoo (NASDAQ: GOEV) were down 7.9%, 14%, and 10.1%, respectively, at 12:05 p.m. ET. And there was a good reaso...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Some companies can’t catch a break, and Lordstown Motors (NASDAQ: RIDE ) seems to be one of them. The electric truckmaker has steadily declined over the past year, shedding 60% of its value. The company recently sa...
Lordstown Motors Corp. ( NASDAQ: RIDE ) disclosed on Thursday that it has experienced performance and quality issues with certain Endurance components that have led the company to temporarily stop production . Customer deliveries have been halted since the electric vehicle ma...
LORDSTOWN, Ohio, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Lordstown Motors Corp. (Nasdaq: RIDE), (“Lordstown Motors,” “LMC” or the “Company”), an original equipment manufacturer (OEM) of electric vehicles focused on the commercial fleet market, today announced t...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Long-term investors of electric vehicle (EV) manufacturer Lordstown Motors (NASDAQ: RIDE ) have a lot of catching up to do. There’s a chance that RIDE stock will recover, but it will take a while. Think in terms...
The EV price war is heating up -- and electric car stocks are going down. This morning, luxury EV manufacturer Lucid Group (NASDAQ: LCID) announced that for a "limited time" it will give buyers of "select configurations" of its Lucid Air electric sedan a $7,500 EV credit -- so bas...
Summary Global electric car sales Dec. 2022 were an estimated 1.1 million+. China sales up 83% YoY to 30% share. Europe up 147% YoY to 38% share. US ~7% share. EV market news - UK's petrol and diesel sales eroded as EV sales surged 40% in 2022. China new-energy vehicle sales, shipments ...
Don't look now, but the electric car industry is getting more crowded, and it's having disparate effects on the players today. In a bold announcement, start-up Faraday Future (NASDAQ: FFIE) -- which bills itself as not just an electric vehicle (EV) maker but a "global shared intel...
Norway is known for its frequent below-freezing weather, rocky terrain and lengthy outstretched lonely roads; the country might not appear to be the best spot to operate an electric vehicle, which has a battery that drains quickly during cold weather. However, the country has been a global leader...
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2023-07-06 05:30:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
Lordstown Receives Approval of First Day Motions PR Newswire Enables uninterrupted continuation of business operations and commitments to stakeholders LORDSTOWN, Ohio , June 28, 2023 /PRNewswire/ -- Lordstown Motors Corp. (Nasdaq: RIDE), (" Lordstown ...