TheStreet.com Tesla Stock Extends Slide As New China Discounts Highlight Demand Concern Tesla shares extended declines Wednesday after the carmaker unveiled another round of price cuts in China, adding to concerns over near-term demand in world’s biggest EV market. Tesla is now offering further discounts to China-based buyers of its Model 3 and Model Y… Continue reading Tesla Stock Vs. BYD Stock: TSLA Falls On New China Price Cut; BYD Eyes European Plant
Author: Yarhow_Finance Online News
Red-Hot Lithium Rally Cools as China’s BYD Flags Surplus
(Bloomberg) — Red-hot lithium prices are getting a little less expensive, just as China’s electric-car giant BYD Co. flags that the market could swing back into surplus next year. Most Read from Bloomberg The battery material in China has continued to retreat from the all-time high hit last month as signs of demand weakness weigh… Continue reading Red-Hot Lithium Rally Cools as China’s BYD Flags Surplus
Warren Buffett ‘Loves’ China’s BYD Despite Selldown, EV Executive Says
(Bloomberg) — Warren Buffett “loves” China’s biggest electric-vehicle maker BYD Co. and isn’t abandoning it, a senior executive from the company said, despite the legendary investor’s Berkshire Hathaway Inc. offloading more than a fifth of its stake this year. Most Read from Bloomberg “It’s very natural for him to get some returns — cash out,”… Continue reading Warren Buffett ‘Loves’ China’s BYD Despite Selldown, EV Executive Says
BorgWarner to spin off its fuel systems and aftermarket businesses
BorgWarner Inc. announced Tuesday morning that it plans to spin off its fuel systems and aftermarket segments into a new, publicly traded company. “The intended separation supports optimizing our combustion portfolio and advancing our electrification journey while NewCo would be able to pursue growth opportunities in alternative fuels, such as hydrogen, and in Aftermarket,” Alexis… Continue reading BorgWarner to spin off its fuel systems and aftermarket businesses
UPDATE 2-BorgWarner to spin-off fuel systems, aftermarket units as it sharpens EV focus
(Adds more details) Dec 6 (Reuters) – BorgWarner Inc said on Tuesday it plans to spin-off its fuel systems and aftermarket segments into a separate company, in a bid to sharpen its focus on becoming an electric vehicle (EV) supplier. Shares of BorgWarner, which supplies to car makers including General Motors Co and Ford Motor… Continue reading UPDATE 2-BorgWarner to spin-off fuel systems, aftermarket units as it sharpens EV focus
EV industry faces a ‘red line’ for growth through 2027, analyst says
Wall Street analysts are busy publishing their 2023 lookahead pieces, and Cowen analyst Jeff Osborne is out with the big one — the firm’s Future of Mobility report. Osborne has partnered with 16 other analysts at the firm to map out what’s next in the nearly 500-page report, from electrification, to government regulation, to infrastructure,… Continue reading EV industry faces a ‘red line’ for growth through 2027, analyst says
EV industry faces a ‘red line’ for growth through 2027, analyst says
Wall Street analysts are busy publishing their 2023 lookahead pieces, and Cowen analyst Jeff Osborne is out with the big one — the firm’s Future of Mobility report. Osborne has partnered with 16 other analysts at the firm to map out what’s next in the nearly 500-page report, from electrification, to government regulation, to infrastructure,… Continue reading EV industry faces a ‘red line’ for growth through 2027, analyst says
Total number of voting rights and shares forming the share capital
FAURECIA Nanterre, 6 December 2022 Total number of voting rights and shares forming the share capital (Article L.233-8 II of the French Commercial Code and Article 223-16 of the General Regulation of the French Financial Markets Authority) __________________ Trading place: Euronext Paris Compartment: A ISIN code: FR0000121147 LEI code: 969500F0VMZLK2IULV85 Date Number of shares Total… Continue reading Total number of voting rights and shares forming the share capital
GWM Deepens Its Global New Energy Strategy
BAODING, China, Dec. 6, 2022 /PRNewswire/ — On December 2, GWM successfully held the 2022 Overseas Conference in Thailand. More than 200 distributors from over 50 countries and regions around the world discussed the development strategy and planning of GWM’s new energy. GWM Deepens Its Global New Energy Strategy (PRNewsfoto/GWM) GWM has a complete industry… Continue reading GWM Deepens Its Global New Energy Strategy
GWM Holds 2022 Overseas Conference, Revealing Latest Global Strategy
BAODING, China, Dec. 3, 2022 /PRNewswire/ — On December 2, GWM held its 2022 overseas conference titled ONE GWM • LIGHT THE WORLD in Bangkok, Thailand. GWM revealed the global brand building and product layout, and further clarified its brand strategy. GWM Holds 2022 Overseas Conference, Revealing Latest Global Strategy (PRNewsfoto/GWM) Over 200 distributors from more… Continue reading GWM Holds 2022 Overseas Conference, Revealing Latest Global Strategy