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Summary May turned the tide a bit in terms of investments. While I invested sizeable amounts of capital - nearly $10,500 - it wasn't nearly as much as the preceding months. With dividend pauses, however, I managed to slowly work down my cash position more to where it stands today. I continue...
Welcome to the May 2020 edition of Electric Vehicle [EV] company news. The big news this month was the reopening of many car manufacturing plants globally after the COVID-19 closures. The other big news was France's Euro 8.8b auto rescue plan. Also, some under the radar news is the rapid pro...
Renault SA ( OTC:RNSDF ) is cutting about 14.6K jobs worldwide and plans to lower production capacity by almost 20% in reaction to pressures in the global auto industry. More news on: Renault SA, Consumer stocks news, Stocks on the move, Read more ...
There will not be a mega-merger between alliance partners Renault ( OTC:RNSDF ), Nissan ( OTCPK:NSANY ) and Mitsubishi Motors ( OTC:MMTOY ) as the automakers plan to work more closely on vehicle development and reduce costs while staying independent. More news on: Renault SA, Nissan Moto...
In a way, this was predictable. As with other sectors, Chinese automakers have been improving rapidly. And as they improved rapidly, they have slowly started selling their cars not just domestically but also abroad. This trend, even though fast in terms of what usually happens in the automob...
Cost-savings measures being considered by Nissan ( OTCPK:NSANY ) include reducing production capacity by 20% through March 2023 and closing a European plant More news on: Mitsubishi Motors Corporation, Renault SA, Nissan Motor Co., Ltd., Consumer stocks news, Read more ...
Welcome to the April 2020 edition of Electric Vehicle ((EV)) company news. The big news this month was the COVID-19 disruption. Despite this, global EV sales were solid mostly due to another great result from Europe, and China starting to recover. Perhaps the surprise for March was Tesla Mo...
Renault ( OTC:RNSDF ) confirms that it's in talks with the French government to land state-backed loan worth several billion euros by the middle of next month. More news on: Renault SA, Consumer stocks news, Stocks on the move, Read more ...
This article first appeared on Trend Investing on March 17, 2020; therefore, all data is as of that date. With US markets down 30% from their recent highs and panicked investors hitting the sell button, this has taken the EV metal miners from being oversold to now the cheapest they have ev...
Volkswagen ( OTCPK:VWAGY ) says it will restart car plants across Europe next week. More news on: Volkswagen AG ADR, Geely Automobile Holdings Limited, Daimler AG, Consumer stocks news, Read more ...
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Shares of hydrogen fuel cell maker Plug Power (NASDAQ: PLUG) are under pressure today, and it may be because of a newly announced liquid hydrogen fuel cell collaboration. As of 11:50 a.m. EDT, Plug Power shares were down 6.2%. In early June Plug Power and French automaker ...
Back in January, hydrogen fuel cell technology company Plug Power (NASDAQ: PLUG) announced its intention to launch a joint venture (JV) with French automaker Renault (OTC: RNSDF) . Today the companies made good on their plans, moving Plug Power stock about 5% higher as o...
Shares of hydrogen fuel cell maker Plug Power (NASDAQ: PLUG) had been on a tear in January after several strategic business announcements and subsequent capital raises. But since the company raised its guidance and announced another stock offering on Jan. 26, the stock has dropped m...