(Bloomberg) — Apple Inc. worked with Chinese automaker BYD Co. for years as part of its now-canceled car project, developing long-range batteries that helped lay the groundwork for technology used today, according to people familiar with the situation. Most Read from Bloomberg Apple and the Shenzhen-based company teamed up around 2017 to build a battery… Continue reading Apple Secretly Worked With China’s BYD on Long-Range EV Battery
Author: Yarhow_Finance Online News
The Zacks Analyst Blog Highlights Renault, Stellantis, Volkswagen, BMWAG and BYD
For Immediate Release Chicago, IL – October 16, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Renault RNLSY, Stellantis STLA, Volkswagen VWAGY, BMWAG BMWYY… Continue reading The Zacks Analyst Blog Highlights Renault, Stellantis, Volkswagen, BMWAG and BYD
Hyundai Mobis Signs Investment Agreement with Slovak Government to Establish New Electrification Plant
Hyundai Mobis to establish its first European PE system production base in Novaky, Slovakia; investment agreement signed on the 15th. Plant will have an annual production capacity of 300,000 units, with completion targeted for the second half of next year. SEOUL, South Korea, Oct. 16, 2024 /PRNewswire/ — Hyundai Mobis (KRX: 012330), is expanding its electrification… Continue reading Hyundai Mobis Signs Investment Agreement with Slovak Government to Establish New Electrification Plant
Investors in ElringKlinger (ETR:ZIL2) have unfortunately lost 65% over the last three years
If you love investing in stocks you’re bound to buy some losers. But the last three years have been particularly tough on longer term ElringKlinger AG (ETR:ZIL2) shareholders. Unfortunately, they have held through a 67% decline in the share price in that time. And more recent buyers are having a tough time too, with a… Continue reading Investors in ElringKlinger (ETR:ZIL2) have unfortunately lost 65% over the last three years
Kinetic Automation is using AI, robotics to make EV repairs easier
Kinetic Automation founder and CEO Nikhil Naikal sits down with Josh Lipton on Asking for a Trend to talk about how the startup leverages artificial intelligence (AI) and robotics to provide repair services to electric vehicles (EVs). “Cars today have transitioned from being predominantly mechanical systems to being digital systems… And when things break, the… Continue reading Kinetic Automation is using AI, robotics to make EV repairs easier
Magna International Inc.’s (TSE:MG) Dismal Stock Performance Reflects Weak Fundamentals
It is hard to get excited after looking at Magna International’s (TSE:MG) recent performance, when its stock has declined 9.0% over the past three months. Given that stock prices are usually driven by a company’s fundamentals over the long term, which in this case look pretty weak, we decided to study the company’s key financial… Continue reading Magna International Inc.’s (TSE:MG) Dismal Stock Performance Reflects Weak Fundamentals
Here’s What’s Concerning About Knorr-Bremse’s (ETR:KBX) Returns On Capital
If you’re not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. Amongst other things, we’ll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company’s amount of capital employed. If… Continue reading Here’s What’s Concerning About Knorr-Bremse’s (ETR:KBX) Returns On Capital
Slovak government and South Korea’s Hyundai Mobis sign a deal to build an electric car parts plant
BRATISLAVA, Slovakia (AP) — The Slovak government and Hyundai Mobis on Tuesday signed a memorandum of understanding on the South Korean company’s plan to build a plant for engines and other parts for electric cars in Slovakia. Prime Minister Robert Fico said Hyundai Mobis will invest over 170 million euros ($185 million) in the plant,… Continue reading Slovak government and South Korea’s Hyundai Mobis sign a deal to build an electric car parts plant
Insights Into Autoliv (ALV) Q3: Wall Street Projections for Key Metrics
The upcoming report from Autoliv, Inc. (ALV) is expected to reveal quarterly earnings of $2.17 per share, indicating an increase of 30.7% compared to the year-ago period. Analysts forecast revenues of $2.57 billion, representing a decrease of 1.1% year over year. The current level reflects a downward revision of 0.6% in the consensus EPS estimate… Continue reading Insights Into Autoliv (ALV) Q3: Wall Street Projections for Key Metrics
Aptiv PLC (APTV) Is a Trending Stock: Facts to Know Before Betting on It
Aptiv PLC (APTV) has recently been on Zacks.com’s list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock’s performance in the near future. Shares of this company have returned +3.3% over the past month versus the Zacks S&P 500 composite’s +4.3% change. The… Continue reading Aptiv PLC (APTV) Is a Trending Stock: Facts to Know Before Betting on It