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Humans have caused “unprecedented” and “irreversible” climate change already. Every additional ton of CO2 or methane released makes things worse. Net zero emissions must be achieved as soon as possible to mitigate out of control climate change. This...
U.S. automakers Ford (NYSE:F), General Motors (NYSE:GM) and Stellantis (NYSE:STLA) issued a joint statement on the Biden Administration's plan to support electric cars and trucks. "Today, Ford, GM and Stellantis announce their shared aspiration to achieve sales of 40-50% of annual U.S. volume...
Global electric car sales for June 2021 were up 153% YoY reaching 8.7% share. Europe sales rose 157% YoY reaching 19% share, and China sales rose 158% YoY reaching 15% share. EV market news - EU proposes end to the internal combustion engine in 2035. Bank of America sees EVs represent...
Volkswagen (OTCPK:VWAGY): Q2 GAAP EPS of €9.70. Revenue of €67.29B (+63.8% Y/Y) In H1 2021, the Volkswagen Group increased its global deliveries significantly by 27.9% to 5M vehicles over the same period last year, which was impacted by the Covid-19. The company has raised ...
Commercial vehicle registrations in the European Union increased 12.4% to 185,573 units in June, followed by +51.3% in May.Demand was largely driven by Central European countries +43.4%, while only two of the four key Western European markets showed positive results: Germa...
QuantumScape will continue to burn cash and not make any revenues in the next few years. There’s a risk that the company won’t be able to scale its business if it manages to develop sustainable solid-state batteries for electric vehicles in the future. We believe tha...
ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. We believe investors focused on current data points are m...
ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. A perceived shift in monetary policy and the emergence of...
An Apple electric car (maybe called an "iCar") would be an iPhone moment (turning point) for the EV industry. The opportunity for Apple is significant. Apple is reported to be currently sourcing batteries for an electric car. Who would be the winners and losers if Apple announced ...
ChargePoint Holdings (CHPT) +3% premarket on acquiring has·to·be, an e-mobility provider with a leading European charging software platform for ~€250M.The acquisition will enhance company's pace of electrification across Europe. Pasquale Romano, Presi...
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