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Volkswagen AG (OTCPK:VWAGY) reports October global sales slumped 33.5% to 600,900 vehicles. YTD global sales up 2% to 7.55M vehicles China sales slipped 37.2% to 236,500 vehicles for the month. Western Europe sales down 40.2% to 167,700 vehicles. Passenger car sales -30.7% and commercial vehi...
The U.N. climate talks in Glasgow, known as COP26, are continuing this week, with many of the parties looking for concrete pledges to combat the damaging effects of climate change. It's a trend that's been seen since the 2015 Paris Agreement to curb warming at 1.5 degrees Celsius above pre-in...
Sono Motors (SEV) files for an initial public offering of 10M common shares to be sold in an expected range of between $14.00 and $16.00 per share. The company also plans to grant the underwriters a 30-day option to purchase up to an additional 1.5M common shares at the initial public of...
Toyota sales down but increases its dividend, and it plans to implement a share buyback program. Little discussion about electrification in the Q2 earnings call, which focused on how Toyota was managing challenging market conditions. In earnings Q&A, there was a question about...
The Chinese EV market is highly competitive, with legacy players, foreign EV companies, and China-based EV players battling for market share. NIO has some competitive advantages and has delivered strong growth in recent quarters. The company's shares have upside potential relative...
China is set to become Tesla’s primary market in the following years. The lack of solid competition will only help Tesla to benefit from the ever-growing Chinese EV industry. By investing in Tesla, investors are able to directly bet on the growth of the Chinese market in a ...
Global electric car sales for Sept. 2021 - Up 98% YoY, a record 10.2% share. China sales up 171% YoY to 20% share. Europe sales up 42% YoY to 23% share. EV market news - UK car sales plunge but EVs soar to record amid fuel crisis. UK boosts support for EVs. China's EV sales expected t...
After an ineffectual G20 immediately prior to COP 26, there was pessimism about significant outcomes from COP 26. Day 1 produced signs that the emergency is acknowledged and some indications that real progress is being contemplated. Deal on deforestation endorsed by 100 country le...
Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due to report. Mond...
Electric vehicle engines need far fewer components than internal combustion engines but have much heavier and more complex batteries. These in turn use a higher proportion and greater variety of minerals - around six times more than conventional vehicles. Increased mineral extraction ...
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