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Global electric car sales records for Dec. 2020 up 105% YoY reaching 6.9% share. Europe sales up 264% YoY reaching 23% share, China sales rose 12% YoY reaching 9.4% share. EV market news - "The electric car future is finally taking off." BNEF -EV sales to surge 60% in 2021. Biden vows...
Commercial vehicle registrations in the European Union slightly fell 4.2% to 170,122 units in December, followed by +0.1% in November.Registrations increased in Germany by 4.7% and Spain +2.3% while the Italian markets contracted 9.4% and French -2.1%.For FY2020, commercial vehicle ...
When a final tally is confirmed, global sales of battery electric vehicles (BEV) and other EVs are expected to have reached nearly 2.5 million in 2020, according to IHS Markit, and then rise by about 70% in 2021. In 2025, global sales will top 12.2 million, indicating annual growth of...
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,...
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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...