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The Coming U.S.-China Race Over 5G in Cars

TipRanks 2 “Strong Buy” Dividend Stocks Yielding 7% Investment firm Morgan Stanley had set a 3,900 year-end target for the S&P 500 – and it’s already obsolete. The index stands at 4,196, a 7.5% above Morgan Stanley’s target. Year-to-date, despite some volatile trading, the S&P is up nearly 12%. Mike Wilson, chief investment officer and… Continue reading The Coming U.S.-China Race Over 5G in Cars

‘Not a chance’ Tesla will dominate car industry in 20 years: Bruce Greenwald

Columbia Business School Professor Bruce Greenwald joins “Influencers with Andy Serwer’ to discuss Tesla’s success in the EV market. Video Transcript BRUCE GREENWALD: Tesla will do a little better. I mean, there’s an easy way to measure barriers to entry. So the first element is what’s the minimum market share you need to get to… Continue reading ‘Not a chance’ Tesla will dominate car industry in 20 years: Bruce Greenwald

Ford says it will spend $30 billion to fuel its electric vehicle future

Ford (F) executives are opening up the cash vaults and reaching in big to spend on funding an electric vehicle future. The company said during an investor day on Tuesday it will spend $30 billion on electric vehicle development — including battery development — by 2025. Previously, the auto giant said it would spend $22… Continue reading Ford says it will spend $30 billion to fuel its electric vehicle future

NIO Extends Joint Manufacturing Agreement With JAC by 3 Years

NIO Inc. NIO recently renewed its agreement with Jianghuai Automobile Group Co., Ltd. (“JAC”) and Jianglai Advanced Manufacturing Technology (Anhui) Co., Ltd. (Jianglai), for the joint manufacturing of NIO vehicles for another three years. Currently, NIO’s vehicles are manufactured in a factory belonging to a Chinese state-owned automaker JAC in a manufacturing plant located in… Continue reading NIO Extends Joint Manufacturing Agreement With JAC by 3 Years

Here’s Why Magna (MGA) is Poised Well to Ride on EV Mania

Widespread usage of technology and rapid digitization have resulted in fundamental restructuring of the automotive market. A host of factors such as pollution issues, technical superiority, stringent fuel-emission standards and increasing adoption by customers have turned the fortunes in favor of electric vehicles. Consequently, auto equipment suppliers are actively reorienting their business model to adapt to the… Continue reading Here’s Why Magna (MGA) is Poised Well to Ride on EV Mania

Honeywell, Denso Partner to Target Electric Aircraft Components Market

TipRanks Billionaire Israel Englander Bets on These 2 Penny Stocks Let’s talk about risk, reward, and pennies. The three are related, of course. There’s no reward in the stock market without taking on some risk – and penny stocks offer investors an optimum combination of both. The ‘pennies’ are the lowest cost stocks on the… Continue reading Honeywell, Denso Partner to Target Electric Aircraft Components Market

Dana Incorporated to Participate in KeyBanc Industrials & Basic Materials Virtual Conference

TipRanks Billionaire Israel Englander Bets on These 2 Penny Stocks Let’s talk about risk, reward, and pennies. The three are related, of course. There’s no reward in the stock market without taking on some risk – and penny stocks offer investors an optimum combination of both. The ‘pennies’ are the lowest cost stocks on the… Continue reading Dana Incorporated to Participate in KeyBanc Industrials & Basic Materials Virtual Conference

Tesla Tests Luminar Sensor Musk Scorned as ‘Fool’s Errand’

(Bloomberg) — Tesla Inc., whose boss Elon Musk says he can develop a fully self-driving car without using laser-sensor technology, has a contract to use such sensors from Luminar Technologies Inc. for testing and development, according to people familiar with the matter. A photo of a Tesla Model Y with a roof rack of lidar… Continue reading Tesla Tests Luminar Sensor Musk Scorned as ‘Fool’s Errand’

Why NIO Stock Is Higher Today

NIO Announces Renewal of Joint Manufacturing Arrangements

SHANGHAI, China, May 24, 2021 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer and a leading manufacturer of premium smart electric vehicles in China, today announced that it has entered into manufacturing agreements with Jianghuai Automobile Group Co., Ltd., or JAC, and Jianglai Advanced Manufacturing Technology (Anhui) Co., Ltd., or… Continue reading NIO Announces Renewal of Joint Manufacturing Arrangements