Making EVs Can Be a Struggle. Fisker’s CEO Explains Why.

Motley Fool 3 Top Energy Stocks to Buy Right Now This year, energy companies raked in big profits, allowing those in the sector to pay down debt and reward shareholders with fat dividends. Although energy stocks are up significantly, supply-related events could push oil prices even higher. Additionally, further European sanctions on Russian oil will… Continue reading Making EVs Can Be a Struggle. Fisker’s CEO Explains Why.

Linamar Renews and Extends its Bank Credit Facility

Aggregate principal amount of up to C$1,175 million to fund corporate purposes Maintains favourable pricing and flexibility to support Linamar’s growth Four-year extension with substantially consistent terms GUELPH, ON, Nov. 22, 2022 /CNW/ – Linamar Corporation (TSX: LNR) is pleased to announce that it has renewed its principal bank credit facility for a further four-year term ending in… Continue reading Linamar Renews and Extends its Bank Credit Facility

Our 2030 Commitments at Eaton

NORTHAMPTON, MA / ACCESSWIRE / November 23, 2022 / “The fact that Eaton has shared its ambitious 2030 commitments publicly clearly demonstrates its willingness to be held accountable for these goals, and that accountability will help us to focus on achieving them. If you have no plans when it comes to inclusion and diversity, it’s… Continue reading Our 2030 Commitments at Eaton

Down More Than 50% From Their Highs, Are Lucid, Rivian, Nio, and Tesla Buys for 2023?

Motley Fool Why Lucid Group Stock Crashed 8% This Morning Shares of luxury electric vehicle (EV) maker Lucid Group (NASDAQ: LCID) turned into a one-car pileup Monday morning, falling 8% through 10:30 a.m. ET after Barron’s reported over the weekend on apparent defects in the cars that owners say can turn the $150,000 EV into… Continue reading Down More Than 50% From Their Highs, Are Lucid, Rivian, Nio, and Tesla Buys for 2023?

Phoenix Motorcars & CATL Form Long-Term Partnership

ANAHEIM, Calif., November 22, 2022–(BUSINESS WIRE)–Phoenix Motor Inc. (Nasdaq: PEV) (“Company” or “Phoenix”), a leader in manufacturing of all-electric, medium-duty vehicles, today announced the signing of a non-binding Memorandum of Understanding (“MOU”) with Contemporary Amperex Technology Co., Limited (SHE: 300750) (“CATL”), a global leader of new energy innovative technologies, for the co-development of batteries for… Continue reading Phoenix Motorcars & CATL Form Long-Term Partnership

Investors Appear Satisfied With Eaton Corporation plc’s (NYSE:ETN) Prospects

Eaton Corporation plc’s (NYSE:ETN) price-to-earnings (or “P/E”) ratio of 28.6x might make it look like a strong sell right now compared to the market in the United States, where around half of the companies have P/E ratios below 14x and even P/E’s below 8x are quite common. Although, it’s not wise to just take the… Continue reading Investors Appear Satisfied With Eaton Corporation plc’s (NYSE:ETN) Prospects

Auto Roundup: BorgWarner-Wolfspeed Deal, Tesla Recall & More

Last week, the European Automobile Manufacturers Association (ACEA) released data on passenger car registrations for October 2022. The European Union (EU) passenger vehicle market increased 12.2% last month to 745,855 units, marking the third straight month of growth this year. Registrations in Italy, Germany, Spain and France witnessed a year-over-year rise of 14.6%, 16.8%, 11.7%… Continue reading Auto Roundup: BorgWarner-Wolfspeed Deal, Tesla Recall & More

Tesla stock at two-year low, other EV-maker stocks tank as concerns swirl about China, oil futures

Tesla Inc. shares and shares of other electric-vehicle makers underperformed the broader market in midday trading Monday, as worries about China’s COVID lockdowns were back to the forefront and oil futures prices dropped more than 5% to trade at 10-month lows. Tesla shares were on track for their lowest close in two years, down more… Continue reading Tesla stock at two-year low, other EV-maker stocks tank as concerns swirl about China, oil futures

5 Best Chinese Stocks To Buy And Watch: China Stocks Swing On Covid Curb Shifts

Benzinga Rivian Under Scrutiny As Employees Allege Safety Breach At Illinois Plant At least a dozen employees at Rivian Automotive, Inc (NASDAQ: RIVN) accused the electric-vehicle maker of safety violations at its Illinois plant, Bloomberg reports. The complaints filed with federal regulators allege the company ignored known hazards and deprioritized safety resources, leaving some workers… Continue reading 5 Best Chinese Stocks To Buy And Watch: China Stocks Swing On Covid Curb Shifts