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Company close to first deliveries of SOLO electric vehicle. Single-person vehicle, a different strategy in this space. Valuation not unreasonable compared to other EV names. For further details see: Electrameccanica: A New EV Twist
Electric-vehicle stocks -- and their suppliers -- exploded in popularity on Friday. In 11:30 a.m. EST trading, shares of Chinese lithium battery manufacturer CBAK Energy Technology (NASDAQ: CBAT) are up 55.7%, with those of Canadian three-wheeled electric-car maker Ele...
Gainers: Electrameccanica Vehicles (SOLO) +26%. Hall of Fame Resort & Entertainment (HOFV) +23%. Fisker (FSR) +14%. Pinduoduo (PDD) +13%. Tuniu (TOUR) +12%.Losers: Shift Technologies (SFT) -26%. Revlon (REV) -14%. Blink Charging (BLNK) -9%. LMP Automotive Holdings (LMPX) -9%. Pa...
The red-hot rally in China automakers has drawn investors into other names like Fisker ([[FSR]] +17.7%), Electrameccanica ([[SOLO]] +31.5%), Westport Fuel Systems ([[WPRT]] +7.5%), Cooper-Standard Holdings ([[CPS]] +5.4%), XPEL ([[XPEL]] +6.5%), Visteon ([[VC]] +3.8%), BorgWarner ([[BWA]] +3....
Urovant Sciences (UROV +93% as Sumitovant Biopharma to acquire balance shares for $16.25/share.CBAK Energy Technology (CBAT) +55%.Hall of Fame Resort & Entertainment (HOFV +37% after providing update on the Inaugural NFL Alumni Academy.Li Auto (LI +29% o...
Shares of Electrameccanica Vehicles (NASDAQ: SOLO) , a maker of three-wheeled electric passenger cars, popped a wheelie this morning, soaring 9.5% as of 10:55 a.m. EST, and posting its second day in the green since reporting stronger-than-expected third-quarter 2020 earnings on Tues...
4 PennyStocks To Buy According To Analysts Are penny stocks part of your trading strategy? Depending on your risk profile, there are plenty of ways to leverage these cheap stocks to take advantage of short-term volatility. But again, you’ve got to have a solid understanding t...
Looking For Top Penny Stocks Today? Penny stocks have been some of the most interesting stocks to watch this week. Most importantly, small cap stocks, in general, have captivated traders more-so than large caps. One of the reasons has to do with a search for volatility after Monday&...
Electrameccanica Vehicles (SOLO): Q3 GAAP EPS of -C$0.21 misses by C$0.09.Revenue of C$0.33M (+65.0% Y/Y).Company CFO Bal Bhullar added, “During Q3 we increased our cash position by another $50 million, bringing our total cash and cash equivalents to above $100 million at Sep...
VANCOUVER, British Columbia, Nov. 10, 2020 (GLOBE NEWSWIRE) -- ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) ("ElectraMeccanica" or the "Company"), a designer and manufacturer of electric vehicles, reported financial results for the third quarter ended September 30, 2020. ...
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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 ...