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2024-07-05 07:12:11 ET Summary Global electric car sales in May 2024 are up 23% YoY to 20% share. China sales up 33% to 47% share. Europe is down 10% to 21% share. The USA is up 3.2% to 8.74%. EV market news - EVs pass a key measure of 'Price Parity' in the US. EU to slap tariffs ...
2024-07-03 03:38:38 ET More on Rivian, Volkswagen Rivian: The VW Deal Could Be A Game Changer (Upgrade) Rivian: A Limited Road Ahead Rivian: Here's My Game Plan After The VW Deal And Investor Day Volkswagen: China Concern Overblown, Valuation Looks Attractive...
2024-06-28 17:44:50 ET Summary Rivian Automotive, Inc. stock surged after Volkswagen's investment, settling around $14, above moving averages. The Volkswagen deal validates Rivian, reduces risks, and aids in production expansion and distribution. Investor day highlighted cost ...
2024-06-28 10:13:03 ET Summary Tesla, Inc. always raises huge discussions among investors and recently ignited once again a debate regarding its robotaxi unveil date. One of Tesla's largest investors - Cathie Wood's Ark Invest - has recently shared a piece of research suggesting T...
2024-06-27 14:27:19 ET Summary Lucid Group, Inc. investors reacted positively to the Volkswagen-Rivian joint venture news. Lucid recently had an almost 30% short-interest ratio, suggesting some short-covering could have occurred. Lucid already has a cornerstone backer: the Sau...
2024-06-26 13:12:42 ET Summary The Chinese market is increasingly dominated by domestic brands in the electric vehicle (EV) sector, posing a threat to Western manufacturers. This article provides an updated analysis of the EV market in China and the rest of the world, focusing on ...
2024-06-26 10:52:15 ET Summary Rivian Automotive, Inc. shares surged up to 50% after it announced that Volkswagen would invest $5.0B into the EV start-up. The Volkswagen deal significantly reduces liquidity and ramp-up risks for Rivian. Despite challenges in the EV market, Riv...
2024-06-26 07:50:53 ET More on Rivian Rivian Automotive: Upgrading On Volkswagen Investment And Proposed Joint Venture Rivian Surges On Miracle Deal Rivian: Thank You, Toyota! Biggest stock movers today: RIVN, FDX, TSHA Watch for more auto shockers af...
2024-06-26 07:17:00 ET Summary Nasdaq and S&P end 3-day losing streak as Nvidia rebounds. South Korea to provide aid to chip manufacturers. Micron Q3 Preview: Expected to beat Wall Street estimates with increased AI exposure and higher DRAM pricing. Listen below ...
2024-06-26 06:23:58 ET Volkswagen ( OTCPK:VWAGY ) ( OTCPK:VWAPY ) is recalling over 271,000 vehicles in the U.S. over a wiring fault that may deactivate the front passenger airbag when the seat is occupied, the U.S. National Highway Traffic Safety Administration (NHTSA) said.... ...