Chinese electric vehicle (EV) maker Nio (NYSE:NIO) saw the recent rally in its shares halt briefly this week. After ending the day at $43.68 on Jun. 7, NIO stock slightly slipped. The catalyst seems to have been May’s vehicle delivery update, which reported that volatility in semiconductor supply had impacted production for several days. Since… Continue reading NIO Stock Is a Buy Despite the Global Chip Shortage
Category: Suppliers
Why NIO Stock Is Moving Higher Today
Shares of Chinese electric vehicle maker NIO (NYSE: NIO) were moving higher on Friday, after the company’s CEO confirmed that its manufacturing partner has begun construction of a second factory near NIO’s headquarters in the industrial city of Hefei. As of 1:45 p.m. EDT, NIO’s American depositary shares were up about 7% from Thursday’s closing… Continue reading Why NIO Stock Is Moving Higher Today
Top Electric Car Stocks for Q3 2021
Barrons.com Home Solar Is Cheap. The Stocks Have Soared. Buy Both. Grid electricity costs have been rising at 2.2% a year, according to the Energy Department. There’s a 26% federal tax credit on home solar installations that lasts through the end of next year, then drops to 22% for a year, then disappears. “When we… Continue reading Top Electric Car Stocks for Q3 2021
To Infinity, and Beyond: Ohio State University Builds AV Cybersecurity Platform for Long-Term Research on NVIDIA DRIVE
Researchers at The Ohio State University are aiming to take autonomous driving to the limit. Autonomous vehicles require extensive development and testing for safe widespread deployment. A team at The Ohio State Center for Automotive Research (CAR) is building a Mobility Cyber Range (MCR) — a dedicated platform for cybersecurity testing — in a self-driving… Continue reading To Infinity, and Beyond: Ohio State University Builds AV Cybersecurity Platform for Long-Term Research on NVIDIA DRIVE
Maude Portigliatti to join the Michelin group Executive Committee as Executive Vice President, High Tech Materials
Maude Portigliatti to join the Michelin group Executive Committee as Executive Vice President, High Tech Materials Maude Portigliatti will succeed Sonia Artinian-Fredou, who is leaving Michelin. Over the past six years, Sonia Artinian-Fredou has helped transform the High Tech Materials Business Department into one of the company’s future growth drivers. The Group would like to… Continue reading Maude Portigliatti to join the Michelin group Executive Committee as Executive Vice President, High Tech Materials
Lear to Participate in Deutsche Bank Global Auto Industry Conference
SOUTHFIELD, Mich., June 10, 2021 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on June 17, 2021, at the virtual Deutsche Bank Global Auto Industry Conference. Lear Corporation Logo. (PRNewsFoto/Lear Corporation) (PRNewsfoto/Lear Corporation) Representing Lear will be: Jason Cardew, SVP and CFO… Continue reading Lear to Participate in Deutsche Bank Global Auto Industry Conference
Eaton (ETN) to Gain From Cost Savings, Widespread Operations & R&D
Eaton Corporation ETN is poised to benefit from cost saving initiatives, widespread operations and research and development (R&D) to create advanced products, which will enable it to provide easy power management solutions to customers. This Zacks Rank #2(Buy) stock delivered an earnings surprise of 16.78%, on average, in the last four quarters. The long-term earnings… Continue reading Eaton (ETN) to Gain From Cost Savings, Widespread Operations & R&D
Here’s Why You Should Invest in Emerson (EMR) Stock Now
Emerson Electric Co. EMR currently boasts robust growth prospects on strength across its end markets, acquired assets, strong cash flows and a sound capital-deployment strategy. Notably, the Zacks Rank #2 (Buy) company has a market capitalization of $58.5 billion. In the past three months, the stock has gained 5.8% compared with the industry’s growth of… Continue reading Here’s Why You Should Invest in Emerson (EMR) Stock Now
Goodyear (GT) Solidifies Position in Tire Market on Cooper Buyout
The Goodyear Tire & Rubber Company GT recently announced the conclusion of the impending acquisition of Cooper Tire & Rubber Company’s acquisition. The decision to take over Cooper was first made public this February by the company. In fact, Cooper’s shareholders approved the purchase earlier this year. As a result of the merger, Cooper’s common… Continue reading Goodyear (GT) Solidifies Position in Tire Market on Cooper Buyout
Elon Musk’s China Nemesis Survived Once, But He Has a Fight Ahead
(Bloomberg) — William Li is being mobbed. At a gala dinner in Shanghai, the founder of Chinese electric carmaker Nio Inc. can barely move forward in the buffet queue before being stopped for another selfie, handshake or hug. Swapping his usual attire of jeans and a T-shirt for a tailored grey suit and blue dress… Continue reading Elon Musk’s China Nemesis Survived Once, But He Has a Fight Ahead