Reportedly, Nio Inc. NIO is in talks with Mercedes-Benz Group AG MBGAF to seek investment from the German automaker in exchange for its technology. Earlier this year, William Li, co-founder and CEO of Nio and Ola Kaellenius, CEO of Mercedes, hinted at a potential alliance. This partnership would offer Nio an opportunity to improve its… Continue reading Are NIO & Mercedes (MBGAF) Considering Tech Partnership?
Author: Yarhow_Finance Online News
NIO: Slammed by Dilution Rumors and Economic Anxiety
NIO Inc (NYSE:NIO) has had a wild ride in recent months. Shares of the Chinese electric vehicle company began their latest rally at the end of May, rising more than 100% by the end of July. But alas, the good times were not to last as the rally ran out of steam in the first… Continue reading NIO: Slammed by Dilution Rumors and Economic Anxiety
This Ford vs. GM Feud Could Shape the Future of EVs in America
TechCrunch US lawmakers push Ford to hand over documents on battery deal with China’s CATL Ford may have paused its plans to build a $3.5 billion EV battery factory with CATL, but it hasn’t relieved pressure from Republican U.S. lawmakers who are investigating the automaker’s agreement with the Chinese company. The probe, which was launched… Continue reading This Ford vs. GM Feud Could Shape the Future of EVs in America
3 Manufacturing Electronics Stocks to Gain From Improving Supply Chains
While weakness in the manufacturing sector is dampening demand in the Zacks Manufacturing – Electronics industry, recent signs of an uptick in manufacturing activities hold promise. Improving supply chains, deceleration in inflation, focus on digitalization and inorganic activities are expected to foster growth of the industry. Resiliency in some prominent end markets bodes well for… Continue reading 3 Manufacturing Electronics Stocks to Gain From Improving Supply Chains
Here’s Why Investors Should Retain Kennametal (KMT) Stock Now
Kennametal Inc. KMT is gaining from solid product offerings, commercial and operational excellence and a wide geographical presence despite rising costs and expenses and forex woes. Key Factors Driving KMT Business Strength: Strength in its aerospace and defense, general engineering, transportation and energy end markets is driving KMT’s Metal Cutting segment. Also, its strategic initiatives,… Continue reading Here’s Why Investors Should Retain Kennametal (KMT) Stock Now
General Electric’s (GE) Unit Signs MOC With Ukrhydroenergo
General Electric Company’s GE unit, GE Vernova’s Hydro Power business, has signed a Memorandum of Collaboration (MoC) with Ukraine’s biggest operator of hydropower plants, Ukrhydroenergo, to construct and restore Ukraine’s hydropower facilities. GE Vernova is the combined operations of GE Digital, Renewable Energy and GE Power. Its Hydro Power business creates state-of-the-art technologies, which use… Continue reading General Electric’s (GE) Unit Signs MOC With Ukrhydroenergo
Dana Electrified Driveline Honored as Top New Power Technology at 2023 Diesel Progress Summit
MAUMEE, Ohio, Sept. 28, 2023 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that it has earned the New Power Technology Award for its e-Driveline and e-Motion drivetrain solution at 2023 Diesel Progress Summit this week. This award specifically honors a supplier that has developed a component or technology in support of non-diesel applications. Dana… Continue reading Dana Electrified Driveline Honored as Top New Power Technology at 2023 Diesel Progress Summit
Autoliv strengthens insights into wider mobility safety as two new members join Autoliv Research Advisory Board
STOCKHOLM, Sept. 28, 2023 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, strengthens its insights in automotive safety as Klaus Kompass, former VP Vehicle Safety at BMW Group and Seigo Kuzumaki, former Fellow of Advanced R&D and Engineering, Toyota Motor Corporation, join the Autoliv Research Advisory Board. In… Continue reading Autoliv strengthens insights into wider mobility safety as two new members join Autoliv Research Advisory Board
12 Best Autonomous Trucking and Vehicle Stocks To Buy Now
In this article, we discuss the 12 best autonomous trucking and vehicle stocks to buy now. If you want to skip the detailed analysis of the autonomous vehicle industry, you can go directly to the 5 Best Autonomous Trucking and Vehicle Stocks To Buy Now. According to Allied Market Research, the size of the autonomous… Continue reading 12 Best Autonomous Trucking and Vehicle Stocks To Buy Now
1 Green Flag and 1 Red Flag for Nio’s Future
Barrons.com Chico’s Is Being Bought for $1 Billion. The Stock Is Soaring. Chico’s FAS stock soared more than 60% Thursday after the Florida-based fashion company said it was being acquired by Sycamore Partners for $1 billion and would be taken private. Chico stock (ticker: CHS) surged 63% at its intraday high Thursday, its largest percent… Continue reading 1 Green Flag and 1 Red Flag for Nio’s Future