AUBURN HILLS, Mich. , June 19, 2023 /PRNewswire/ — BorgWarner Inc. (NYSE: BWA) and Eldor Corporation S.p.A. today announced that they have entered into a Share Purchase Agreement under which BorgWarner has agreed to acquire the Electric Hybrid Systems (EHS) business segment of Eldor for €75 million at closing with a potential additional amount due subject… Continue reading BorgWarner to Acquire Eldor Corporation’s Electric Hybrid Systems Business Segment
Author: Yarhow_Finance Online News
EV Roundup: TSLA’s NACS Wave, NKLA’s Cost Optimization Drive & More
In a major development in the electric vehicle (EV) space, last week several EV charging companies like Blink Charging, ChargePoint, EVgo, Tritium and Wallbox announced plans to offer chargers featuring Tesla‘s TSLA connector, marking a significant turn away from the standard Combined Charging System (CCS) connector. The shift in industry preference can be attributed to the advantageous design of Tesla’s… Continue reading EV Roundup: TSLA’s NACS Wave, NKLA’s Cost Optimization Drive & More
3 Stocks That Could Possibly Turn $10,000 Into $50,000 by 2025
Turning $10,000 into $50,000 by 2025 — which is only two years away — is a tall order. To quintuple in two years, a stock would need an average annual growth rate of about 124% — when the overall stock market’s average annual gain over many decades is close to 10%. Paycom Software (NYSE: PAYC)… Continue reading 3 Stocks That Could Possibly Turn $10,000 Into $50,000 by 2025
Should You Think About Buying The Goodyear Tire & Rubber Company (NASDAQ:GT) Now?
The Goodyear Tire & Rubber Company (NASDAQ:GT), might not be a large cap stock, but it received a lot of attention from a substantial price increase on the NASDAQGS over the last few months. As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already… Continue reading Should You Think About Buying The Goodyear Tire & Rubber Company (NASDAQ:GT) Now?
Why Is Everyone Talking About Nio Stock?
During its recent conference call with Wall Street analysts, Nio shared several updates that provided investors with plenty of talking points. Go to Source
Better EV Stock: NIO vs. ChargePoint
NIO (NYSE: NIO) and ChargePoint (NYSE: CHPT) represent two very different ways to invest in the growing electric vehicle (EV) market. NIO is a leading producer of electric sedans and SUVs in China, and it operates a nationwide network of battery swapping stations that enable its subscribers to quickly swap out their depleted batteries for… Continue reading Better EV Stock: NIO vs. ChargePoint
Tesla Vs. BYD 2023: TSLA Stock Keeps Powering Higher; EV Archrival Running Too
Tesla vs. BYD 2023: TSLA stock snapped a record win streak, but has more than doubled in 2023. BYD stock is running too. Go to Source
GOODYEAR SELECTED BY AIRBUS TO PROVIDE TIRES FOR THE NEW A321XLR
The Goodyear Flight Radial Tire will be one of the approved fitments when the aircraft enters service in 2024 and will provide weight-efficient, cost-effective performance AKRON, Ohio, June 15, 2023 /PRNewswire/ — The Goodyear Flight Radial is one of Goodyear’s most advanced aviation products with technologies and features supporting dimensional stability for longer life and… Continue reading GOODYEAR SELECTED BY AIRBUS TO PROVIDE TIRES FOR THE NEW A321XLR
NIO Stock Continues to Gain Momentum. Here’s What Investors Should Know
In this video, I will talk about Nio (NYSE: NIO), explaining the reason the stock is up over 25% this month despite a weak earnings report and why investors shouldn’t celebrate too early. *Stock prices used were from the trading day of June 15, 2023. Go to Source
Why Nikola and Other EV Stocks Soared This Week
The stocks of solid-state battery maker QuantumScape (NYSE: QS) and Chinese EV maker Nio (NYSE: NIO) have jumped by about 25% and 26%, respectively, since last Friday’s close. Nikola’s parabolic move has come for several reasons. The company needs more shareholders to vote on a proposal to allow Nikola to increase the authorized number of… Continue reading Why Nikola and Other EV Stocks Soared This Week