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Mitsubishi Motors Corp (OTCPK:MSBHF) and Nissan Motor Co (OTCPK:NSANY) announced the release of a new line of light electric vehicles on Friday. The auto manufacturing giants, operating under the auspices of the NMKV joint venture have released two new, electric “minivehicles” t...
The auto industry is entering a steep S-curve disruption. Legacy carmakers unable to rapidly transition to BEVs will lose market share and risk collapse and bankruptcy. Lithium battery supply chains are expanding to support the BEV transition. But geopolitical instability and inevitab...
Renault Group signs agreements to sell AVTOVAZ and its Renault Russia subsidiary. Rumors said that there is a call option to repurchase these entities. Renaulution business plan ongoing, small positive. Guidance further reiterated. Still not seeing a buy case. For furthe...
Global electric car sales March 2022 - Up 60% YoY reaching 15% share. China sales up 118% YoY to 26% share. Europe sales were up 10% YoY to 22% share. EV market news - Biden invokes Defense Production Act to boost EV battery production. Electric car sales soar despite ballooning batte...
PLUG has achieved a following through partnerships on fuel cell powered forklifts (Amazon, Walmart) potentially light commercial vehicles (Renault) and emerging US and Spanish hydrogen networks. Investment by South Korean SK Group indicates a potential entry into the hydrogen-friendly...
While Renault's low-cost car strategy seemed to make sense just a few years ago, a radically different reality is emerging, with Renault not well-adapted to thrive or even perhaps survive. Geopolitical factors are also causing further blows to the company's outlook, with the prospect ...
Nissan (OTCPK:NSANY) falls more than 4% in early trading in Tokyo following a Bloomberg report that top shareholder Renault (OTCPK:RNLSY) is considering selling some of the 43% stake it owns in the Japanese automaker. Nissan (OTCPK:NSANY) itself may be willing to buy some of the 1.83B shares ...
Stellantis (NYSE:STLA) joins manufacturers such as Ford (F), Volvo (OTCPK:VLVLY), Toyota (TM), General Motors (GM), BMW (OTCPK:BMWYY), Jaguar Land Rover, Mercedes Benz (OTCPK:DDAIF), the VW Group (OTCPK:VWAGY) and Renault (OTC:RNSDF) in suspending production activities in Russia. The company ...
Global electric car sales Feb. 2022 - Up 99% YoY reaching 9.3% share. China sales up 176% YoY to 20% share. Europe sales were up 38% YoY to 20% share. EV market news - UK hits new record electric car market share. Germany joins EU ICE ban by 2035. Record high gas prices are driving de...
Positively impressed by the new management team and by the Renaulution goals already achieved. Looking at and analysing Renault's Russian exposure. Less diversified geographical revenue and Russian vehicle production favour other OEMs. For further details see: Renault: T...
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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...