The electric vehicle (EV) revolution is gaining steam, with companies leaving no stone unturned to establish a strong foothold in this domain. Legacy automakers are stepping up e-mobility investment and setting ambitious targets to electrify their fleet. With batteries serving as the secret sauce for EVs, automakers are rapidly boosting their investments in battery production.… Continue reading NIO Power Day 2022 & VWAGY’s $20B Battery Bet Rule EV Roundup Headlines
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NIO conducts own probe into Grizzly short-seller report, retains forensic accounting firm
Reuters Expanding Israeli West Bank settlements test U.S. ahead of Biden visit JORDAN VALLEY, West Bank (Reuters) -Steps away from a cluster of Palestinian tents and shacks in the northern Jordan Valley in the occupied West Bank, trucks worked in full force to prepare for the construction of a school for Israeli settlers. The settlement… Continue reading NIO conducts own probe into Grizzly short-seller report, retains forensic accounting firm
BYD slumps on chatter Buffett’s Berkshire may have cut stake
(Reuters) – Hong Kong shares of BYD Co Ltd recorded their worst day in 20 months on Tuesday after Citibank’s increased holding of the Chinese EV firm’s stock sparked market chatter that Warren Buffett’s Berkshire Hathaway may have cut its stake. Citibank’s shareholding in BYD has increased by 225 million shares to 388.61 million shares… Continue reading BYD slumps on chatter Buffett’s Berkshire may have cut stake
Amazon’s Cloud Unit Is What’s on Sale This Prime Day
(Bloomberg) — Amazon.com Inc.’s Prime Day may grab headlines, but investors are much more focused on its fast growing cloud-computing and advertising services businesses. Most Read from Bloomberg The two-day shopping event, which starts Tuesday, comes as the tech giant’s retail business faces weaker consumer demand amid a looming recession. Bulls, however, say e-commerce headwinds… Continue reading Amazon’s Cloud Unit Is What’s on Sale This Prime Day
Is Warren Buffett Selling? Stock in BYD, a Tesla Rival, Is Down.
Reuters Cryptoverse: Shrimps and whales keep bitcoin afloat Shrimps, investors that hold less than 1 bitcoin, are collectively adding to their balance at a rate of 60,460 bitcoin per month, the most aggressive rate in history, according to an analysis by data firm Glassnode. Whales, those with more than 1,000 bitcoin, were adding 140,000 coins… Continue reading Is Warren Buffett Selling? Stock in BYD, a Tesla Rival, Is Down.
Q2-2022 Results Conference Call
Magna International Inc. AURORA, Ontario, July 11, 2022 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA) Q2-2022 RESULTS CONFERENCE CALLFRIDAY – JULY 29, 20228:00 AM ET DIAL IN NUMBERS North America:International:Webcast: 1-877-412-49461-416-620-9188www.magna.com Slide presentation will be available on our website prior to the call. REBROADCAST INFORMATION Replay available 2 hours after the call until August 5,… Continue reading Q2-2022 Results Conference Call
Why Nio Shares Plunged Monday
TheStreet.com Expect Wider Swings With This EV Charging Station Company As we kick off the week, equities are starting off the day by moving lower, but our shares of EV charging company ChargePoint are falling more to the downside than the overall market. Knowing this, as we’ve seen in recent weeks with CHPT shares and… Continue reading Why Nio Shares Plunged Monday
Electric vehicles: What Ford’s Mustang Mach-E offers drivers
TheStreet.com Ford Having Some Really Bad Luck With Its Vehicles Ford Motor Co. would probably like to hide under the hood of its vehicles lately, but that might not be such a good idea with the all bad luck the automaker has faced with its vehicles. Mich., company on July 8 issued a safety recall… Continue reading Electric vehicles: What Ford’s Mustang Mach-E offers drivers
NIO responds to Grizzly short-seller report by retaining forensic accounting firm
Motley Fool Don’t Overlook These EV Stocks Electric vehicles accounted for 8.6% of all passenger vehicles sold in 2021, but Tesla (NASDAQ: TSLA) still dominates the conversation around EVs. As the industry moves closer and closer to mass adoption, there are some companies that have both the products and growth capacity to potentially be much… Continue reading NIO responds to Grizzly short-seller report by retaining forensic accounting firm
Tesla Stock Vs. BYD Stock: China EV Giant Going Into Production Overdrive
TheStreet.com Ford Having Some Really Bad Luck With Its Vehicles Ford Motor Co. would probably like to hide under the hood of its vehicles lately, but that might not be such a good idea with the all bad luck the automaker has faced with its vehicles. Mich., company on July 8 issued a safety recall… Continue reading Tesla Stock Vs. BYD Stock: China EV Giant Going Into Production Overdrive