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European car registrations declined 3.3% in December to 1,031,070 units and -23.7% to 9.9M for FY2020, followed by 12% decline in November, due COVID‑19 pandemic.Italy -14.9% and France -11.8% while Germany posted a solid gain of 9.9% and Spain’s performance ...
Bloomberg New Energy Finance estimates that EV sales will reach 5.4 million in 2023 and account for 7 percent of global vehicle sales. President-elect Joe Biden’s goal of achieving a U.S. 100 percent clean-energy economy should also help the electric vehicle thrive this year and beyo...
Shares of electric truck maker Nikola (NASDAQ: NKLA) were up 8% as of noon EST Tuesday. The stock has gained more than 20% since the start of the year. So far in 2021, Nikola has started to turn around negative sentiment that led to a turbulent year for the stock in 2020. So...
Hydrogen fuel cell manufacturer Plug Power (NASDAQ: PLUG) and French automaker Renault (OTC: RNSDF) today announced their intention to create a joint venture to integrate hydrogen fuel cells into the European market for light commercial vehicles. The 50-50 venture is...
Shareholders of hydrogen fuel cell maker Plug Power (NASDAQ: PLUG) have had a good week. Shares are up 90% in just the last five days. That includes today, with shares up 15% as of 11 a.m. EST. The huge move in the stock has come from actual news, and not just investor exuberanc...
Global electric car sales records for November 2020 up 133% YoY reaching 5.9% share. Europe sales up 198% YoY reaching 16% share, China sales rose 138% YoY reaching 8.6% share. EV market news - Goldman Sachs believes EV adoption is accelerating. Apple reportedly plans to launch an ele...
2020 is over and my portfolio returned -1.4%. This is a positive surprise considering a 34% drawdown in March during the first pandemic shockwave. Some stocks recovered strongly from their March 2020 lows while some are still lagging behind the market. Since the inception in 2013,...
Commercial vehicle registrations in the European Union slightly improved by 0.1% to 167,315 units in November, followed by 1.2% decline in October.The major EU markets posted mixed results in November, with registrations contracting in Spain -7.0% and France -3.1% while Italian +11.7%and...
European car registrations declined 12% in November to 897,692 units, followed by 7.8% decline in October, as several European governments introduced new measures to contain the second wave of the COVID‑19 pandemic.In November registration slipped 13% for Volkswagen (VWAGY), -11.1% for...
Rebalancing the alliance, which could involve the reduction or even divestment of stakes in its alliance partners, could be a way of unlocking value for Renault SA. Another re-rating catalyst for Renault SA is the successful implementation of the company's restructuring plan, which ai...
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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...