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On Wednesday and week before its Detroit-rival General Motors (NYSE: GM) scheduled its second quarter earnings results, Ford Motors (NYSE: F) raised its outlook for the year after delivering a surprising second quarter profit. Upon the news, its stock was up by about 4% in after-hours tradi...
Automakers and battery manufacturers are racing to develop battery technology to power the next generation of vehicles and a greener future. The battery in question needs to reinforce the body structure and extend the driving range. Engineers refer to it as a structural battery that holds t...
On Friday, Rivian revealed it closed a $2.5 billion funding round, led by existing investors Amazon (NASDAQ: AMZN), Ford Motor (NYSE: F) and T. Rowe Price (NASDAQ: TROW). Also last week, Rivian revealed its plans to build a second assembly plant in the U.S. as it moves towards beginning pro...
On Thursday, Daimler AG (OTC: DDAIF) has officially hit the accelerator in the e-car race with Tesla (NASDAQ: TSLA), revealing it will invest more than 40 billion euros in EVs by 2030. From 2025, three new vehicle platforms will only make battery-powered vehicles. One will cover passenger c...
The President’s $2.3 trillion infrastructure proposal contains a very green investment of $620 billion in transportation with $174 billion devoted to EV spending. The plan aims to strengthen the domestic supply chains, retool factories and make affordable ‘made in the US...
EV stocks have been on a record rally as the new administration in the White House is on their side. Besides benefits for clean energy firms, there is increased spending on R&D for green initiatives, and technological advances within the industry, all of which are very good news for an ...
The stocks of numerous recently listed EV startups are showing remarkable resilience even as they are undergoing turbulent periods internally. Lordstown Motors Corporation (NASDAQ: RIDE), Nikola Corporation (NASDAQ: NKLA) and electric-car maker Canoo Inc. (NASDAQ: GOEV) all have share price...
When it comes to the EV world, it almost seems as every week is yet another monumental week as exciting new developments just keep on coming. Traditional automakers such as Ford (NYSE: F) and General Motors (NYSE: GM) are ramping up their investments whereas just as ambitious newcomers keep...
Presentation on Tuesday , June 8 th at 1: 3 0 P M E D T TORONTO, June 03, 2021 (GLOBE NEWSWIRE) -- Worksport Ltd (OTC: WKSP) , a real gem being discovered as a household name among sustainable energy innovators, f...
As vehicles become more like super devices, exciting tech developments are on the horizon that promise to revolutionize the transportation system. Reports about even Apple (NASDAQ: AAPL) getting in the automobile industry continue to grow with innovative companies such as the Canadian-based...
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Join Us for a Live Earnings Call and Exciting Updates West Seneca, New York--(Newsfile Corp. - July 18, 2024) - Worksport Ltd. (NASDAQ: WKSP) ("Worksport" or the "Company"), a U.S.-based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global ...
West Seneca, New York--(Newsfile Corp. - July 11, 2024) - Worksport® Ltd. (NASDAQ: WKSP), a U.S.-based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, is excited to announce the launch of its new dealer web...
West Seneca, New York--(Newsfile Corp. - June 26, 2024) - Worksport Ltd. (NASDAQ: WKSP), a key U.S.-based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, is excited to announce a significant development in its Ma...