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2023-10-18 06:30:47 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips QuantumScape’s (NYSE: QS ) strategic partnership with Volkswagen (OTCMKTS: VWAGY ) is perceived to be a massive positive in the corner of QS stock. Although the E...
2023-10-17 09:44:16 ET Summary Tesla, Inc. trades for roughly 74x earnings while its closest competitors trade for 5-10x. Is Tesla stock too expensive, its peers too cheap, both, or neither? The overall car sales market is facing challenges due to decreased obsolescence and de...
2023-10-10 12:44:26 ET Summary Mercedes-Benz plans to introduce its Level 3 autonomous driving system, "Drive Pilot," in late 2023 on its EQS and S-class sedans. Mercedes-Benz has partnered with NVIDIA to integrate AI and metaverse technologies into its design and development proc...
2023-10-09 16:41:55 ET Summary BYD has positioned itself as the first/only successful legacy automaker in navigating the shift to electric at scale without compromising on profitability, while also emerging as a global leader. But the stock has underperformed broader markets in re...
2023-10-09 10:51:08 ET Summary Global electric car sales in Aug. 2023 up 45% YoY to 18% share. China sales up 36% to 39% share. Europe up 68% to 30% share. USA up 71% to 9.5% share. EV market news - EVs to surpass ⅔ of global car sales by 2030, putting at risk nearly half o...
2023-10-06 11:56:45 ET Summary Tesla, Inc.'s current share price not only implies that it is not on track to become the largest manufacturer, but become around twice as large and thrice as profitable as Toyota. Even in an unrealistically bullish scenario, the company would not be ...
2023-10-05 12:37:13 ET More on General Motors General Motors: Impacts From UAW Strike Looming UAW Strike: A Self-Inflicted Wound For A Declining Detroit-Based Auto Industry General Motors: An Undervalued Bet On The EV Market UAW strike update: Ford announces ...
2023-10-04 07:35:05 ET Summary We positively view Draghi's appointment to support European auto competitiveness vs. Chinese electric cars. New duties may be imposed. Volkswagen is now more open to management changes and new partnerships to share software investment and CapEx devel...
2023-10-03 04:49:17 ET General Motors ( NYSE: GM ) and Chrysler maker Stellantis ( NYSE: STLA ) will likely face around $9.B in overall fines under the Biden administration's proposal to hike fuel economy standards through 2032, Reuters reported citing a trade group's letter...
2023-09-28 13:37:24 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Market participants are distinguishing EV sector leaders from laggards. Unsurprisingly, the electric vehicle category is positioned to grow quickly in the years to come. In fact, EV s...
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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...