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The electric vehicle sector is likely to see more ups and down as President Biden's $2.3T infrastructure plan works its way through Congress. Wedbush Securities thinks there are two key components of the Biden plan for investors to focus on. First, analyst Dan Ives says to expect an expansion...
When we read the charts for Electrameccanica Vehicles Corp (NASDAQ: SOLO) we are able to reach conclusion that are not otherwise discernable. We can see where buy signals exist, where sell signals exist, and where risk controls should be implemented. These are what create tr...
Electric vehicle stocks are ending the week on a down note as some of the optimism over the Green Tidal Wave recedes and the ongoing global chip shortage weighs on sentiment. Decliners on the day include Lordstown Motors ([[RIDE]] -5.4%), Canoo ([[GOEV]] -6.1%), Fisker ([[FSR]] -4.5%), Electr...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Small-cap stocks have the potential to spring surprises in terms of ballistic returns in a short period. A good example is Marathon Digital (NASDAQ: MARA ). In the last year, MARA stock has surged over 10,000%. The sm...
Looking for Penny Stocks to Buy But Don’t Know Where to Start? If you’re looking for penny stocks to buy but don’t know where to start, you’re probably not alone. In 2021, the place to start is with an online broker. Like anything, investors should know the p...
Shares of Electrameccanica Vehicles (NASDAQ: SOLO) dipped 23.8% in March, according to data from S&P Global Market Intelligence . The stock lost ground amid a steep pullback that rocked valuations for companies in the electric vehicle (EV) space. SOLO data by...
Global electric car sales for Feb. 2021 up 136% YoY reaching ~4-5% share. Europe sales up 66% YoY reaching 14% share, China sales rose 500% YoY reaching 9% share. EV market news - EU plotting ban on internal combustion engine as of 2025: Industry. UBS increases EV market share forecas...
The electric vehicle sector is setting up for another strong day after President Biden unveiled the $2.3T infrastructure and stimulus plan that includes an investment of $174B in electric vehicles initiatives. "The climate change and job creation component of today's plan will be very focused...
The electric vehicle sector is rallying ahead of a speech today by President Biden. Biden's American Jobs Plan covers electric vehicles in detail. White House Fact Sheet on Biden-EVs: "U.S. market share of plug-in electric vehicle sales is only one-third the size of the Chinese EV market. The...
Penny Stocks Are A Hot Topic Right Now What are the best penny stocks to buy right now? Ask that question a year ago, and you’d see traders start scrambling for information. Searching for things like company filings, news, trial data, patents, etc., are all part of this due dilig...
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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 ...