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2023-08-09 11:09:55 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Shares of Li Auto (NASDAQ: LI ) stock are in full focus after the Chinese electric vehicle (EV) company reported its earnings and announced a goal of becoming China ...
2023-08-08 08:08:45 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Those looking to invest in flying cars technology are likely excited about some recent developments in this cutting-edge technology. The Federal Aviation Administration ( FAA ) has awarde...
2023-08-05 10:00:00 ET Summary The XPEV stock has rallied optimistically indeed, thanks to VWAGY. Then again, the $700M investment for 4.99% stake values the Chinese automaker at a mere $14B or $15 per share. While XPEV is expected to generate an impressive top-line CAGR of +36% t...
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...