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Global electric car sales for August 2021 were up 114% YoY reaching 7.7% share. China sales rose 186% YoY reaching 19% share. Europe sales rose 60% YoY reaching 22% share. EV market news - Global electric passenger car sales surged 160% higher in H1 2021 led by China and Europe. U.S. ...
Stereo Camera Adopted in Suzuki's New Wagon R Smile TOKYO, Sept 30, 2021 - (JCN Newswire) - Hitachi Astemo, Ltd. has announced the adoption of its stereo camera by Suzuki Motor Corporation for the New Wagon R Smile city car, launched in September 2021. In a first for Suzuk...
EV maker Lucid Group Inc. (LCID) recently made its stock market debut through an SPAC deal backed by Wall Street dealmaker Michael Klein. The company, which is run by an ex-Tesla Inc. engineer, has secured a strong foothold in the industry. However, given the global semiconductor chip shortag...
Global electric car sales for July 2021 were up 94% YoY reaching 7.1% share, third best month ever. China sales rose 143% YoY reaching 15% share. EV market news - Biden outlines target of 50% EV sales share in 2030. UBS forecasts 25% EVs by 2025 and 60-70% by 2030. Musk says EVs at "i...
Because the economic recovery is expected to continue with the Fed leaving interest rates unchanged, we think it could be wise to bet on value stocks rather than high-flying stocks that might suffer a pullback due to the heightened market volatility. Considering their solid growth prospects, ...
Electric vehicle (EV) manufacturer Workhorse Group’s (WKHS) recent pilot program with USDA has garnered significant investor attention. But even though WKHS stock is currently trading at less than $10, given the news regarding the reduction of its equity position in Lordstown Motors (R...
To improve its market reputation and streamline its operations, on Aug. 26 electric vehicle (EV) manufacturer Lordstown Motors (RIDE) appointed Daniel A. Ninivaggi as its new CEO. With decades of experience in the automotive industry and capital markets, will Ninivaggi’s appointment be...
Hydrogen fuel cell-powered vehicle manufacturer Hyzon Motors (HYZN) is a relatively new player in the automotive industry. The company has had an influx of orders for its breakthrough hydrogen-powered vehicles despite being an early-stage company. However, with no revenue history and declinin...
India predicts that new vehicle sales will increase 30% after its new scrappage policy is enacted in October, says Nitin Gadkari, India's minister for road transport and highways. Under the policy, owners that scrap their vehicles will receive 4% to 6% of the showroom price of the old vehicle...
Motul supported teams revved up for title fight after MotoGP summer break Singapore, Aug 6, 2021 - (ACN Newswire) - The MotoGP is considered the pinnacle of motorcycle racing, featuring the best riders and manufacturers of 2-wheel motorsports. Having completed 9 rounds, the co...
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