NIO Inc. (NIO) closed at $21.05 in the latest trading session, marking a -0.19% move from the prior day. This change was narrower than the S&P 500’s daily loss of 0.3%. Meanwhile, the Dow lost 0.46%, and the Nasdaq, a tech-heavy index, lost 0.34%. Prior to today’s trading, shares of the company had gained 4.87%… Continue reading NIO Inc. (NIO) Stock Moves -0.19%: What You Should Know
Author: Yarhow_Finance Online News
Morgan Stanley ‘constructive’ on GM, Ford ahead of auto earnings
Yahoo Finance’s Pras Subramanian discusses a Morgan Stanley analyst note that was bearish on the auto sector but more optimistic about Ford and General Motors, plus an overview of the auto market and EV charging network. Video Transcript [MUSIC PLAYING] DAVE BRIGGS: Morgan Stanley slashing price targets for the automakers today. The firm forecasting lower… Continue reading Morgan Stanley ‘constructive’ on GM, Ford ahead of auto earnings
Tesla Stock Vs. BYD Stock: China EV Giant Sees Booming Profit Amid Buffett Rumors
Reuters Musk says Tesla could lower car prices if inflation slows Musk, who has over 100 million followers on Twitter, was replying to a tweet on Friday that asked if the company had any plans to lower prices that it had raised to beat the pandemic and supply chain woes. “If inflation calms down, we… Continue reading Tesla Stock Vs. BYD Stock: China EV Giant Sees Booming Profit Amid Buffett Rumors
Tesla (TSLA) & Panasonic Ink Deal for Cell Production Unit
Tesla’s TSLA major battery supplier, Panasonic PCRFY, is set to build and operate the world’s largest battery cell production facility in Kansas. The Panasonic plant will primarily supply batteries to Tesla but is not limited to the company. PCRFY will also have a research department focused on next-generation batteries. The plant is expected to be… Continue reading Tesla (TSLA) & Panasonic Ink Deal for Cell Production Unit
Why more Americans are considering electric vehicles: Kelley Blue Book editor
Kelley Blue Book Executive Editor Brian Moody joins Yahoo Finance Live to break down the reasons for growth in the EV space as EV sales jump amid rising gas prices. Video Transcript – Making the switch by flipping a switch. A recent survey by AAA has found that a quarter of American drivers plan to… Continue reading Why more Americans are considering electric vehicles: Kelley Blue Book editor
Canoo (GOEV) and Walmart Enter Into Agreement for 4.5K LDVs
Electric vehicle startup, Canoo Inc. GOEV, recently signed a definitive agreement with Walmart Inc. WMT. According to the deal, WMT will buy at least 4,500 of Canoo’s upcoming electric delivery vans, beginning with the Lifestyle Delivery Vehicle (LDV), and will have the option to purchase up to 10,000 units. Post the announcement, shares of Canoo… Continue reading Canoo (GOEV) and Walmart Enter Into Agreement for 4.5K LDVs
Westport (WPRT) Secures Deal for LPG Supply to a Key OEM
Westport Fuel Systems Inc. WPRT recently announced that it has been awarded a program to develop and supply liquefied petroleum gas (LPG) systems for a wide range of vehicle applications to a global original equipment manufacturer (OEM). The contract is estimated to generate €38 million in revenues through the end of 2025. Production is expected… Continue reading Westport (WPRT) Secures Deal for LPG Supply to a Key OEM
BorgWarner (NYSE:BWA) investors are sitting on a loss of 26% if they invested a year ago
Investors can approximate the average market return by buying an index fund. But if you buy individual stocks, you can do both better or worse than that. Unfortunately the BorgWarner Inc. (NYSE:BWA) share price slid 27% over twelve months. That’s disappointing when you consider the market declined 18%. At least the damage isn’t so bad… Continue reading BorgWarner (NYSE:BWA) investors are sitting on a loss of 26% if they invested a year ago
Autoliv (ALV) Partners With POC for Bicycle Safety Equipment
Autoliv Inc. ALV recently announced that it has joined forces with POC to develop bicycle and e-bike helmets equipped with airbag technology to improve head protection gear and reduce the consequences of an impact. POC is a global leader in snow sports and cycling protection. Autoliv and POC have been jointly working to assess the… Continue reading Autoliv (ALV) Partners With POC for Bicycle Safety Equipment
Tesla’s Berlin factory to produce only black and white Model Ys
Yahoo Finance’s Pras Subramanian discusses the limited color options car buyers are facing, particularly for certain Teslas. Video Transcript – Black or white is what it comes down to. Although– Brian and I were saying this. Hasn’t it always been the base color? Like, blue is premium. Silver costs a little more, right? PRAS SUBRAMANIAN:… Continue reading Tesla’s Berlin factory to produce only black and white Model Ys