Last week, Detroit’s auto show was held after a 3-year hiatus due to the COVID-19 pandemic. However, this time it was a less glitzy affair with fewer model debuts and lower attendance. Among some of the key reveals were the 2023 Jeep Wrangler Willys 4xe, 2024 Chevy Blazer EV, 2023 Chrysler 300C, 2024 Chevy Equinox… Continue reading Auto Roundup: General Motors (GM) & Ford (F) Make a Splash With Key Updates
Author: Yarhow_Finance Online News
5 Low Price-to-Book Stocks Suitable for Value Investors
The price-to-book (P/B) ratio is widely favored by value investors for identifying low-priced stocks with exceptional returns. The ratio is used to compare a stock’s market value/price to its book value. The P/B ratio is calculated as below: P/B ratio = market price per share/book value of equity per share P/B ratio reflects how many… Continue reading 5 Low Price-to-Book Stocks Suitable for Value Investors
BorgWarner to buy EV charging business of China-based Hubei SSE
BorgWarner Inc. announced Tuesday and equity transfer agreement to buy the electric vehicle (EV) charging business of China-based Hubei Surpass Sun Electric (SSE) in a deal valued at up to RMB410 million ($58.5 million). The deal includes RMB267 million to be delivered around the closing, which is expected to occur in the first quarter of… Continue reading BorgWarner to buy EV charging business of China-based Hubei SSE
Professor Behind $12 Billion Empire Fuels China’s Tech Rise
(Bloomberg) — Li Zexiang grew up in rural China during the Cultural Revolution, when capitalists were the enemy. Now the 61-year-old academic has quietly emerged as one of the country’s most successful angel investors, backing more than 60 startups including drone giant DJI. Most Read from Bloomberg Li was among the first Chinese to study… Continue reading Professor Behind $12 Billion Empire Fuels China’s Tech Rise
China’s EV Startups Suffer Widening Losses Despite Sales Boom
TipRanks Fisker, Rivian or Lucid: Which EV Stock Is the Better Buy? Everyone knows by now, traditional ICE vehicles are on their way out, fast driven to obsolescence by electric vehicles (EVs). In fact, according to Needham’s clean tech analyst Vikram Bagri, EV adoption is “progressing faster than expected.” Realistically, this is not much of… Continue reading China’s EV Startups Suffer Widening Losses Despite Sales Boom
BWA or GNTX: Which Is the Better Value Stock Right Now?
Investors interested in stocks from the Automotive – Original Equipment sector have probably already heard of BorgWarner (BWA) and Gentex (GNTX). But which of these two stocks presents investors with the better value opportunity right now? Let’s take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes… Continue reading BWA or GNTX: Which Is the Better Value Stock Right Now?
General Motors (GM) $491M Investment to Spurt EV Growth
In an important announcement, General Motors GM recently laid out a plan to invest $491 million at the GM Marion Stamping plant in Marion, IN. This is to prepare the facility for manufacturing steel and aluminum stamped parts for future vehicles, including electric cars made at various GM assembly plants. This Indiana facility of General… Continue reading General Motors (GM) $491M Investment to Spurt EV Growth
Why Nio, Ford, and Lucid Stocks All Fell Today
Reuters EMERGING MARKETS-Growth slowdown fears pressure Latam assets * Peru’s GDP expands 1.41% in July as growth pace slows * Brazil’s IGP-10 price index falls 0.90% in Sept * Argentina draft budget sees 2023 inflation at 60%, growth at 2% * Gol to pay $41 mln to resolve bribery probes; shares plunge (Updates prices) By… Continue reading Why Nio, Ford, and Lucid Stocks All Fell Today
Tesla Stock Vs. BYD Stock: TSLA Holds Key Support; EV Rival Sets Huge 2023 Goal
TipRanks ‘Wait for the Year-End Rally,’ Says Morgan Stanley; Here Are 2 Stocks to Play That Bullish Outlook After three months of highly volatile trading, which have seen the S&P 500 drop down toward 3,600, rally up to 4,300, and fall back down to 3,900, investors can be forgiven for feeling some whiplash. The question… Continue reading Tesla Stock Vs. BYD Stock: TSLA Holds Key Support; EV Rival Sets Huge 2023 Goal
EVgo Inc. (EVGO) Moves 9.2% Higher: Will This Strength Last?
EVgo Inc. (EVGO) shares ended the last trading session 9.2% higher at $10.14. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock’s 13.5% loss over the past four weeks. Shares of EVgo surged yesterday on increasing optimism surrounding the EV charging… Continue reading EVgo Inc. (EVGO) Moves 9.2% Higher: Will This Strength Last?