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Electric vehicle stocks continued to track higher on Thursday as investors slowly warm back up to the growth potential for some of the key players. Nikola (NASDAQ:NKLA) gained 8.97% after the company confirmed that production has begun on its battery-electric commercial truck. "Our impression...
A precarious cash position and ramping costs make Canoo’s “Lifestyle” van unlikely to reach production. The company’s prototype factory just broke ground in February; volume production site remains wishful thinking. Investor appetite for pre-revenue EV ...
Electric vehicles are quickly gaining market share of total global car sales. High gas prices may further add demand momentum as the shift towards clean energy alternatives accelerate. We highlight 4 EV stocks that look interesting on the selloff and 3 that we suggest avoiding. ...
Lordstown Motors' shares dropped post-results announcement despite narrower-than-expected losses and a confirmation that its production timeline for the Endurance stays the same as what was guided earlier. The fall in RIDE's stock price was attributable to concerns about the company's...
The automobile sector posted big gains with some macroeconomic and supply chain fears easing as traders latched on to potentially positive news on a Ukraine-Russia settlement and with China's government indicating support for the local economy and stock market. Those developments have some an...
Gainers: Incannex Healthcare Limited (NASDAQ:IXHL) +271%. Esperion Therapeutics (NASDAQ:ESPR) +10%. GitLab (NASDAQ:GTLB) +9%. Niu Technologies (NASDAQ:NIU) +7%. Lordstown Motors (NASDAQ:RIDE) +6%. Losers: Coupa Software Incorporated (NASDAQ:COUP) -29%. AnaptysB...
It is another day of wild swings in the electric vehicle sector with hopes for a compromise deal between Ukraine and Russia helping to lift sentiment. Some of the biggest gainers in the electric vehicle sector include Volta Inc. (VLTA +12.7%), Canoo (GOEV +14.0%), Li Auto (LI +14.2%), Nio (NI...
A survey by J.D. Power has found that the most highly rated charger is the Level 2 charging system. The survey used data from 8,216 electric vehicle (“EV”) owners who had cars manufactured between 2016 and 2022. The respondents were asked to rate their home charging systems i...
Nickel prices (LN1:COM) have soared over the last few days to hit record highs above $101K per metric ton. In the latest development, the London Metal Exchange halted trading on nickel for the rest of the day. The price action is tied to concerns about supply from Russia, which is the third l...
The electric vehicle sector saw some big gains on Monday as investors bet that higher oil prices could push up the timetable on EV adoption in new parts of the world. Many of the stocks that caught a bid were from the startup camp. Big gainers included Mullen Automotive (MULN +23.2%), Microva...
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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 ...