The electric vehicle (EV) revolution is speeding up, with traditional automakers leaving no stone unturned to establish a strong foothold in this domain. Last week, Ford F revealed a fully electric Explorer SUV exclusively for its Europe market to progress toward making its entire Europe lineup electric by 2030. It also announced plans to manufacture… Continue reading EV Roundup: F & STLA’s Electrification Strides Hit Headlines
Author: Yarhow_Finance Online News
Dana Incorporated to Participate in 2023 BofA Global Automotive Summit
MAUMEE, Ohio, March 28, 2023 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today it will participate in the BofA Global Automotive Summit on April 4, 2023. Beginning at 11:20 a.m. EDT, Dana’s senior management will provide a brief overview of the company and answer questions for approximately 40 minutes. Dana Incorporated logo. (PRNewsFoto/Dana Incorporated) Information… Continue reading Dana Incorporated to Participate in 2023 BofA Global Automotive Summit
Adient will participate in the Bank of America Global Auto Summit
PLYMOUTH, Mich., March 28, 2023 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, will participate in the Bank of America Global Auto Summit on Tuesday, April 4, 2023. Adient’s executive vice president and CFO, Jerome Dorlack, will take part in a fireside chat at 2:10 p.m. eastern daylight time. A live webcast… Continue reading Adient will participate in the Bank of America Global Auto Summit
Is Nio Stock a Buy Now? Nio Stock Analysis
Reuters China’s Nio opens trial for high-speed EV battery swapping stations Chinese electric vehicle (EV) maker Nio Inc began trial operation on Tuesday of faster, more efficient battery swapping stations in China in its push to make battery swapping a viable alternative to rival EV makers’ rapid-charging technology. With capacity to store up to 21… Continue reading Is Nio Stock a Buy Now? Nio Stock Analysis
3 Electric Vehicle (EV) Stocks With 176% to 705% Upside, According to Wall Street
Reuters China’s Nio opens trial for high-speed EV battery swapping stations Chinese electric vehicle (EV) maker Nio Inc began trial operation on Tuesday of faster, more efficient battery swapping stations in China in its push to make battery swapping a viable alternative to rival EV makers’ rapid-charging technology. With capacity to store up to 21… Continue reading 3 Electric Vehicle (EV) Stocks With 176% to 705% Upside, According to Wall Street
China’s Nio opens trial for high-speed EV battery swapping stations
SHANGHAI (Reuters) – Chinese electric vehicle (EV) maker Nio Inc began trial operation on Tuesday of faster, more efficient battery swapping stations in China in its push to make battery swapping a viable alternative to rival EV makers’ rapid-charging technology. With capacity to store up to 21 battery packs each, Nio’s Power Swap Station 3.0… Continue reading China’s Nio opens trial for high-speed EV battery swapping stations
BYD’s Net Income Jumps More Than 400% on EV Sales Surge
(Bloomberg) — BYD Co.’s profit more than quintupled last year after the Chinese automaker sold a record number of electric vehicles and intensified its battle with Tesla Inc. for market share. Most Read from Bloomberg Net income soared 446% to 16.6 billion yuan ($2.4 billion), the company said Tuesday, in line with the 16 billion… Continue reading BYD’s Net Income Jumps More Than 400% on EV Sales Surge
UPDATE 2-BYD posts 11-fold jump in Q4 profit -filing
(Adds details, comments from BYD and context) SHANGHAI/BEIJING, March 28 (Reuters) – Chinese electric vehicle giant BYD Co Ltd reported an 11-fold increase in fourth-quarter profit as it extended its lead in the domestic market with a wide range of products. Net profit for October-December came in at 7.3 billion yuan ($1.06 billion) versus 602… Continue reading UPDATE 2-BYD posts 11-fold jump in Q4 profit -filing
BYD posts 11-fold jump in Q4 profit -filing
SHANGHAI/BEIJING (Reuters) -Chinese electric vehicle giant BYD Co Ltd reported an 11-fold increase in fourth-quarter profit as it extended its lead in the domestic market with a wide range of products. Net profit for October-December came in at 7.3 billion yuan ($1.06 billion) versus 602 million yuan a year earlier. For the whole of 2022,… Continue reading BYD posts 11-fold jump in Q4 profit -filing
U.S. Ad Spending Still Expected to Grow in 2023 Despite ‘Stressful Economic Signals’
Reuters Crypto exchange Binance, CEO sued by US regulator over violations Major cryptocurrency exchange Binance and executives, including CEO and founder Changpeng Zhao, have been sued by the U.S. Commodity Futures Trading Commission (CFTC) for regulatory violations, according to a court filing on Monday. Binance, the world’s biggest crypto exchange, had from at least July… Continue reading U.S. Ad Spending Still Expected to Grow in 2023 Despite ‘Stressful Economic Signals’