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VANCOUVER, British Columbia, July 23, 2020 (GLOBE NEWSWIRE) -- ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) ("ElectraMeccanica" or the "Company"), a designer and manufacturer of electric vehicles, today announced its latest SOLO EV retail location in suburban Portland, Oregon...
EV names Nikola (NASDAQ: NKLA ) , Nio (NYSE: NIO ) and Electrameccanica Vehicles (NASDAQ: SOLO ) are notably higher in AH trading after Tesla reports a Q2 profit and strikes a confident tone on the EV future. More news on: Nikola Corporation, NIO Inc., Electrameccanica Vehicles C...
This article first appeared on Trend Investing on July 14, 2020; therefore all data is as of this date. Led by Tesla ( TSLA ) the electric vehicle [EV] manufacturers have surged higher the past year, especially the past month. The EV battery manufacturers have also mostly done quite well...
IRobot (NASDAQ: IRBT ) reports earnings after the closing bell. Earnings day is usually a very volatile event for iRobot, with shares showing an average move up or down of 12%. That earnings volatility ranks iRobot in the top 20 of all the Russell 3000 stocks in terms of expected one-day s...
Investors in the world of battery-powered automotive stocks might have gotten a case of whiplash in Monday trading. Shares of would-be electric-truck maker Nikola (NASDAQ: NKLA) jumped more than 5% in early trading and ended up closing down less than 1%. Shares of Canadian electric-car mak...
To be honest, the story at Electrameccanica Vehicles ( SOLO ) isn't quite as negative as I thought it was. SOLO stock, after all, is a former penny stock that's risen more than 300% in less than two months. And the gains seem to be driven by retail investors amid frenzied buying in electric...
Hermitage Offshore Services (NYSE: PSV ) -26% . More news on: Hermitage Offshore Services Ltd., Wah Fu Education Group Limited, Senmiao Technology Limited, Stocks on the move, , Read more ...
AGM VANCOUVER, British Columbia, July 10, 2020 (GLOBE NEWSWIRE) -- ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ ElectraMeccanica ” or the “ Company ”) is pleased to announce the results of the Company’s annual and special general meeting (the...
( Pexels ) In general, 2020 has been an awful year for manufacturing firms as the business has ground to a halt due to a lack of new orders and occasional production shortages. In the U.S., vehicle sales have been down 30-50% with similar declines in most of the world. Since most automobile ...
Most Wall Street players are, for good reason, very bullish on the emerging electric vehicle market. It’s not hard to see why considering industry research firm MarketsandMarkets forecasts 21.1% CAGR from 3.27 million EVs in 2019 to 26.95 million units by 2030. To that point, leading...
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Luxury high-performance sports car carmaker Porsche has announced that it is abandoning its electric vehicle targets due to sluggish EV demand. Porsche is the latest in a growing list of established automakers that made ambitious electrification plans but have been forced to scale back amid fa...
New research has revealed that electric-vehicle demand among American drivers has waned for the first time in four years . The research confirms what many automakers have been experiencing for the past several months: the nascent EV industry is losing the steam it has gathered over the last deca...
The recent drop in electric vehicle demand that has left many automakers rethinking their electrification plans may be short-lived. New data shows that while the drop in EV sales may have forced major carmakers such as General Motors (GM) and Ford to scale down their plans amid mounting losses ...