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2023-08-03 18:09:26 ET Summary Innoviz Technologies Ltd. reported a mixed Q2 2023, with the company starting a production deal with BMW. The Lidar sensor company guided up 2023 revenue targets to $15 to $20 million. The stock is cheap here with a market cap of $550 million far...
2023-08-03 08:31:17 ET Summary Global electric car sales June 2023 up 38% YoY to 19% share. China sales up 28% to 38% share. Europe up 42% to 25% share. USA up 38% to 9% share. EV market news - China 6b emission standard started on July 1. China to bolster its economy. U.S. propos...
2023-08-01 12:05:43 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: THINK A / Shutterstock.com Volkswagen (OTCMKTS: VWAGY ) stock is on the move today as the company continues its quest to gain exposure to China’s electric...
2023-08-01 08:27:27 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips In the realm of investing, opportunity often hides within transformative technologies. Hence, the article focuses on the top autonomous driving stock picks, where the convergence of artificial ...
2023-07-31 14:12:59 ET Exxon Mobil ( NYSE: XOM ) is in early-stage talks with automakers including Tesla ( TSLA ), Ford ( F ) and Volkswagen ( OTCPK:VWAGY ) about supplying them with lithium for electric vehicles, Bloomberg reported Monday. Exxon ( XOM ) lookin...
2023-07-30 20:40:45 ET Summary XPeng announced a major strategic partnership with Volkswagen last week that will see the European car brand take a minority stake in XPeng. Volkswagen is going to invest $700M for a 5% stake in XPeng. The partnership with Volkswagen could help X...
2023-07-29 20:45:24 ET The Biden administration issued a proposal this week directing automakers to raise the fuel economy of their vehicles to a fleet-wide average of 58 miles per gallon by 2032, as it seeks to cut greenhouse gas emissions and reduce the use of fossil fuels. The prop...
2023-07-29 12:00:00 ET Summary Despite the recent correction following the fiscal Q2 2023 earnings call, Tesla, Inc. stock still has managed to retain much of its premium and recovery from the January 2023 bottom. Elon Musk's plan to flood the market with Tesla EVs appear to be wo...
2023-07-28 12:30:40 ET Summary Volkswagen Group's Q2 profits were lower than expected due to negative effects of commodity hedging and increased competition in China. The company confirmed its 2023 financial outlook but slightly lowered its delivery estimates. Volkswagen signed tw...
2023-07-27 15:37:48 ET Summary XPeng Inc. announced a major investment partnership with Volkswagen. The Chinese EV manufacturer has forecast a sharp rise in deliveries for Q4, though management has a history of not meeting targets. XPEV stock has reasonable upside at $20, but ...
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2024-07-25 04:53:00 ET While share prices of Rivian (NASDAQ: RIVN) remain down on the year, a spate of good news has helped the stock solidly rally off its lows. The stock is still down over 25% on the year, but its price has now more than doubled from its recent lows. With Rivi...