Linamar Corporation (TSE:LNR), might not be a large cap stock, but it saw a decent share price growth in the teens level on the TSX over the last few months. As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock.… Continue reading Should You Investigate Linamar Corporation (TSE:LNR) At CA$60.68?
Category: Automotive
Edited Transcript of HLE.DE earnings conference call or presentation 29-Sep-22 7:00am GMT
Q1 2023 HELLA GmbH & Co KGaA Earnings Call Lippstadt Sep 29, 2022 (Thomson StreetEvents) — Edited Transcript of HELLA GmbH & Co KgaA earnings conference call or presentation Thursday, September 29, 2022 at 7:00:00am GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Michel Alain Maurice Favre HELLA GmbH & Co. KGaA –… Continue reading Edited Transcript of HLE.DE earnings conference call or presentation 29-Sep-22 7:00am GMT
ABB to Exit Remaining Stake in Hitachi Energy Joint Venture
ABB Ltd ABB has entered into an agreement to sell its remaining 19.9% equity stake in the Hitachi Energy joint venture to Hitachi, Ltd. The Hitachi Energy joint venture (formerly Hitachi ABB Power Grids) was formed in 2020, following ABB’s divestment of 80.1% of its Power Grids business to Hitachi. ABB held a pre-defined option… Continue reading ABB to Exit Remaining Stake in Hitachi Energy Joint Venture
Should You Buy Tesla (TSLA) Stock Ahead of Its AI Day 2022?
Over the years, Tesla TSLA has evolved into a dynamic technology innovator. The electric vehicle (EV) titan will hold its much-awaited Artificial Intelligence (AI) Day event tomorrow as confirmed by the company’s ingenious CEO Musk on Twitter. The event will outline Tesla’s latest technologies and approaches to AI technology in order to achieve a driverless future. The… Continue reading Should You Buy Tesla (TSLA) Stock Ahead of Its AI Day 2022?
Chinese automaker Geely snaps up 7.6% stake in Aston Martin
Geely Holding Group acquired a 7.6% share of British luxury automaker Aston Martin Lagonda Global Holdings, helping cement the Chinese company’s stake in luxury and European brands. Geely will not get a board seat in the deal, but that hasn’t seemed to matter in its past dealings. Geely, which owns Lotus and its the largest… Continue reading Chinese automaker Geely snaps up 7.6% stake in Aston Martin
Arrival produces long-awaited battery-electric commercial van
EV startup Arrival said Friday it has produced its first battery-electric van, a significant step toward its goal to deliver the vans to commercial customers at scale. The Arrival van is the first vehicle built at the company’s Microfactory in Bicester, U.K., which uses autonomous mobile robots instead of a traditional assembly line. The remaining… Continue reading Arrival produces long-awaited battery-electric commercial van
First Student Assumes Additional Routes from Competitor to Support Newberg Public Schools
A long-time provider of student transportation steps in to fill the gap and stands ready to assist with other routes NEWBERG, Ore., Sept. 30, 2022 /PRNewswire/ — Today, First Student, the leader in home-to-school transportation in the Northwest, announced it has agreed to assume four school bus routes initially awarded to its competitor Student Transportation… Continue reading First Student Assumes Additional Routes from Competitor to Support Newberg Public Schools
Dongfeng Seeks $703 Million in Funds for EV Brand Voyah
(Bloomberg) — Dongfeng Motor Group Co. is considering raising about 5 billion yuan ($703 million) in fresh funds for its high-end electric vehicle brand, according to people familiar with the situation. Most Read from Bloomberg The Wuhan-based carmaker could seek a valuation of more than 20 billion yuan for Voyah Automobile Technology Co. in the… Continue reading Dongfeng Seeks $703 Million in Funds for EV Brand Voyah
Why Nio Shares Are Getting Crushed This Week
TechCrunch Finally. Lordstown Motors, Foxconn begin Endurance EV production Taiwanese electronics manufacturer Foxconn has begun production of Lordstown Motors’s electric pickup truck. The news, which Bloomberg grabbed first, is a milestone for both companies: Foxconn as it diversifies from manufacturing consumer electronics like iPhones to electric vehicles, and Lordstown as it finally gets its much-anticipated… Continue reading Why Nio Shares Are Getting Crushed This Week
Why Rivian, Nio, and Lithium Americas Stocks Sank Today
Investor’s Business Daily 5 Best Chinese Stocks To Buy And Watch Hundreds of Chinese companies are listed on U.S. markets. But which are the best Chinese stocks to buy or watch right now? Among the best are Nio, Baidu, Li Auto, Pinduoduo and BYD Co.. China is the world’s most-populous nation and the second-largest economy,… Continue reading Why Rivian, Nio, and Lithium Americas Stocks Sank Today