China’s Great Wall Motor is seeking to produce vehicles in Brazil, chairman says

SHANGHAI (Reuters) -Great Wall Motor is looking for opportunities to use Brazil as a base for vehicle production and expand to nearby regions, the Chinese carmaker’s chairman said in Shanghai on Wednesday. The impact from U.S. tariffs on Chinese automakers “is there, but not big,” said chairman Wei Jianjun in an interview during the Shanghai… Continue reading China’s Great Wall Motor is seeking to produce vehicles in Brazil, chairman says

NIO Stock Reverses Course, Rises 6% in Two Days: What’s Next?

NIO Inc. NIO stock has been on a wild ride lately. After sliding 17% last month — and falling nearly 9% in the first 13 trading sessions of April — this China-based electric vehicle (EV) maker seems to be showing signs of life. The stock has rallied 6.5% in the last two trading sessions, catching… Continue reading NIO Stock Reverses Course, Rises 6% in Two Days: What’s Next?

NIO Inc. (NIO) Is a Trending Stock: Facts to Know Before Betting on It

NIO Inc. (NIO) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this company have returned -14.6%, compared to the Zacks S&P 500 composite’s -6.6%… Continue reading NIO Inc. (NIO) Is a Trending Stock: Facts to Know Before Betting on It

Carmaker GAC to take responsibility for safety of L4 autonomous cars, Jiemian reports

SHANGHAI (Reuters) -Chinese carmaker Guangzhou Automobile Group (GAC) said at the Shanghai auto show on Wednesday it would take responsibility for the safety of Level 4 autonomous driving vehicles, Chinese media outlet Jiemian reported. Level 4 models co-manufactured by GAC’s new energy vehicle subsidiary Aion and ride-hailing giant Didi Global will be demonstrated in some… Continue reading Carmaker GAC to take responsibility for safety of L4 autonomous cars, Jiemian reports

Electric Vehicles Today – Digital Revolution Drives Battery Testing Advancements

The integration of digital technology is transforming the EV battery electrical testing equipment market, facilitating real-time diagnostics and more precise testing methodologies. As battery technology progresses, manufacturers are investing in sophisticated testing equipment for battery cells, modules, and Battery Management System Hardware-in-the-Loop (BMS HIL) simulations to ensure safety, performance, and reliability. Key industry players are… Continue reading Electric Vehicles Today – Digital Revolution Drives Battery Testing Advancements

2 No-Brainer Warren Buffett Stocks to Buy Right Now

If you’ve got a pile of cash burning a hole in your pocket, consider putting it to work in the stock market. Long-term investing is a great way to build wealth, and few know this better than investing legend Warren Buffett, who has turned his once-modest holding company, Berkshire Hathaway (BRK.A 1.22%) (BRK.B 1.26%), into… Continue reading 2 No-Brainer Warren Buffett Stocks to Buy Right Now

Tech giants to plow $500 billion cash hoard into more buybacks

(Bloomberg) — While many investors have been scared away from tech giants at the center of this year’s equity rout, the companies are likely to continue plowing money into buybacks that will offer at least one source of continuing support for the stocks. Most Read from Bloomberg The big tech firms could be tempted to… Continue reading Tech giants to plow $500 billion cash hoard into more buybacks

Is Magna International (MGA) the Most Undervalued Canadian Stock to Buy According to Wall Street Analysts?

We recently published a list of the 10 Most Undervalued Canadian Stocks to Buy According to Wall Street Analysts. In this article, we are going to take a look at where Magna International Inc. (NYSE:MGA) stands against other undervalued Canadian stocks according to Wall Street analysts. As February was concluding, Reuters reported that Canada’s economy… Continue reading Is Magna International (MGA) the Most Undervalued Canadian Stock to Buy According to Wall Street Analysts?

Volvo Lays Off Another 350 Employees at New River Valley

AB Volvo (publ) VLVLY shares have rallied 7.5% since the beginning of the year, but has continued to retrench employees to weather the storm that the Trump tariff measures have dragged the automotive industry into. On Saturday, a Volvo Trucks North America spokesperson stated that up to 350 employees at the company’s New River Valley,… Continue reading Volvo Lays Off Another 350 Employees at New River Valley