BorgWarner Selected to Deliver Battery System for Electric Commercial Vehicle

Solution among highest energy density battery systems available on market Electric vehicle range increased significantly compared to prior development Total cost of ownership minimized for an electrified commercial vehicle (eCV) AUBURN HILLS, Mich., Aug. 3, 2022 /PRNewswire/ — BorgWarner’s AKASOL ultra-high energy battery system has been selected by a European manufacturer to power its first… Continue reading BorgWarner Selected to Deliver Battery System for Electric Commercial Vehicle

BorgWarner (BWA) Beats on Q2 Earnings, Buys Rhombus Energy

BorgWarner Inc.’s BWA adjusted earnings of $1.05 per share for second-quarter 2022 declined from $1.08 recorded in the prior-year quarter. The bottom line, however, beat the Zacks Consensus Estimate of 86 cents per share. Higher-than-anticipated revenues from Fuel Systems and Aftermarket segments resulted in the outperformance. The automotive equipment supplier reported net sales of $3,759 million,… Continue reading BorgWarner (BWA) Beats on Q2 Earnings, Buys Rhombus Energy

Here’s How BorgWarner (BWA) is Placed Ahead of Q2 Earnings

BorgWarner Inc. BWA is slated to release second-quarter 2022 results on Aug 3, before the opening bell. The Zacks Consensus Estimate for the quarter’s earnings and revenues is pegged at 86 cents per share and $3.69 billion, respectively. The consensus mark for second-quarter earnings per share has witnessed a downward revision of 6 cents in the past 30 days.… Continue reading Here’s How BorgWarner (BWA) is Placed Ahead of Q2 Earnings

Aptiv (APTV) to Report Q2 Earnings: What’s in the Offing?

Aptiv PLC APTV is set to report its second-quarter 2022 resultson Aug 4, before the bell. The company’s earnings surprise history hasn’t been impressive. Earnings lagged the Zacks Consensus Estimate in two of the last four quarters, matched once and surpassed once, delivering an average surprise of -3.99%. Q2 Expectations The Zacks Consensus Estimate for revenues… Continue reading Aptiv (APTV) to Report Q2 Earnings: What’s in the Offing?

What Type Of Shareholders Make Up NIO Inc.’s (NYSE:NIO) Share Registry?

If you want to know who really controls NIO Inc. (NYSE:NIO), then you’ll have to look at the makeup of its share registry. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. I generally like to see some degree of insider ownership, even if only… Continue reading What Type Of Shareholders Make Up NIO Inc.’s (NYSE:NIO) Share Registry?

NIO Inc. (NIO) Flat As Market Sinks: What You Should Know

NIO Inc. (NIO) closed the most recent trading day at $20.18, making no change from the previous trading session. This move was narrower than the S&P 500’s daily loss of 0.67%. Elsewhere, the Dow lost 1.23%, while the tech-heavy Nasdaq lost 0.05%. Coming into today, shares of the company had lost 5.52% in the past… Continue reading NIO Inc. (NIO) Flat As Market Sinks: What You Should Know

Why Nio Shares Dropped Then Recovered Today

Associated Press China blocks some Taiwan imports but avoids chip disruptions China blocked imports of citrus, fish and other foods from Taiwan in retaliation for a visit by a top American lawmaker, Nancy Pelosi, but has avoided disrupting one of the world’s most important technology and manufacturing relationships. The two sides, which split in 1949… Continue reading Why Nio Shares Dropped Then Recovered Today

5 Best Chinese Stocks To Buy And Watch: BYD Sales Boom Continues

Barrons.com Moderna, PayPal, and More Wednesday Stock Market Movers PayPal (PYPL) has jumped 12% after the payments giant reported adjusted earnings that topped analysts’ expectations, disclosed changes to management, and announced a new $15 billion stock repurchase authorization. Occidental Petroleum (OXY) was down 3.2% after the oil and gas producer topped second-quarter profit estimates but… Continue reading 5 Best Chinese Stocks To Buy And Watch: BYD Sales Boom Continues

Tesla Stock Vs. BYD Stock: China EV Giant’s Sales Triple Before Model 3 Rival, Huge Overseas Expansion

Reuters China’s CATL presses ahead with battery plans for North America -source China’s CATL, the world’s largest battery maker, is pressing ahead with plans to deliver lower-cost lithium iron batteries to Ford Motor Co and with plans for battery production in North America by 2026, a person with knowledge of the matter said on Wednesday.… Continue reading Tesla Stock Vs. BYD Stock: China EV Giant’s Sales Triple Before Model 3 Rival, Huge Overseas Expansion

BYD Made the Fortune Global 500 List for 2022

SHENZHEN, China, August 03, 2022–(BUSINESS WIRE)–On August 3rd, BYD made the Fortune Global 500 list for 2022, demonstrating its outstanding achievements in the market. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220803005487/en/ BYD made the Fortune Global 500 list for 2022 (Photo: Business Wire) Focusing on solving social problems, BYD remains dedicated… Continue reading BYD Made the Fortune Global 500 List for 2022