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NIO posted intraday declines of almost 12% during Monday's session before paring losses at 2% following reports of confirmed suspension of operations at its sole production plant over the weekend. The EV maker also extended moderate price increases on its SUV models around the same ti...
Gores Guggenheim ("GGPI") announced its planned de-SPAC transaction with Volvo- and Geely-backed electric vehicle maker Polestar last year. The transaction is expected to close in the first half of 2022. The GGPI stock continues to trade at a discount to other EV pureplays, despit...
QuantumScape will continue to perform on the research end. The variety of technological advantages QuantumScape has created for itself will help create management's vision. QuantumScape's lithium-metal battery energy density outlasts rivals. Risks can still materialize but the...
Volkswagen Group (OTCPK:VWAGY) will cut down 60% of its combustion-powered models by the end of the decade and sell fewer cars overall to concentrate on producing more profitable premium vehicles, says CFO Arno Antlitz to Financial Times. "The key target is not growth," An...
Global electric car sales Feb. 2022 - Up 99% YoY reaching 9.3% share. China sales up 176% YoY to 20% share. Europe sales were up 38% YoY to 20% share. EV market news - UK hits new record electric car market share. Germany joins EU ICE ban by 2035. Record high gas prices are driving de...
Chinese electric vehicle stocks traded lower in midday action on Thursday with targeted COVID restrictions in China still a major concern. Nio (NIO -4.1%), XPeng (NYSE:XPEV -3.3%), Li Auto (NASDAQ:LI -4.6%) and Kandi Technologies (NASDAQ:KNDI -5.4%) all fell. Production updates: XPeng (X...
QuantumScape is still at least three years away from achieving operational status on its solid-state battery technology. Investors should consider increased competition from incumbent battery makers with more significant scale advantages. We discuss why investors should not buy QS...
Back to the 70s with rising inflation and fuel prices a certain headwind. However, pent-up demand is a mitigating factor. But electric vehicle megatrend could put all these considerations on the backburner. We take a look also at how production has been affected by the invasio...
The strains of working out the ICE to BEV transition begin to show, and Ford makes some moves. Ford is developing interesting partnerships on battery technology, European commercial market, and BEV platform technology. Ford partnership with Volkswagen is producing Ford’s fi...
Tesla demonstrated its production and pricing leadership amid the current crisis exacerbated by the Russia-Ukraine conflict. Supply chain checks suggest that Tesla's CQ1'22 deliveries are trending ahead of Street estimates. Nevertheless, we think the optimism in TSLA stock has bee...
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