(Bloomberg) — Since last July, a little-known automaker in China’s southwest has dominated the world’s largest electric car market, outselling bigger players and even Tesla Inc. almost every month with a tiny, bare-bones EV that starts at just $4,500. The Hongguang Mini is the brainchild of SAIC-GM-Wuling Automobile Co., a joint venture between SAIC Motor… Continue reading China EV Maker Betting on Cult Status to Sell a Million Cars
Category: Suppliers
Paris to ban traffic from city center
A decision to close off four districts in the center of Paris to most traffic by 2022 heralds a new way of thinking about cities and how we move around them. Paris is set to ban traffic from the city center by 2022, in a move which would give priority to pedestrians, cyclists and public… Continue reading Paris to ban traffic from city center
Seabed Selects Velodyne Lidar Sensors for Mobile Mapping System
SAN JOSE, Calif.–(BUSINESS WIRE)– #VelodyneLidar–Velodyne Lidar announced Seabed B.V. has selected Puck™ sensors for its lidar mobile mapping system. Go to Source
Magna Ignites Vehicle Design With Surface Element Lighting Technology
New animated lighting technology opens the door for more expressive design First-to-market technology debuted on the all-new 2021 Volkswagen ID.4 Enables customizable 3D styling opportunities in a thin package AURORA, Ontario, June 07, 2021 (GLOBE NEWSWIRE) — Magna is pushing vehicle design possibilities with its new innovative Surface Element Lighting technology which offers a new… Continue reading Magna Ignites Vehicle Design With Surface Element Lighting Technology
Li Auto Should Be Worth $30.21, 21% More Than Its Current Price
Li Auto (NASDAQ:LI) is a Chinese electric vehicle (EV) stock that seems to be too cheap. Here is the reason. It trades for just 4.4 times forward sales, according to Seeking Alpha’s compilation of analysts’ estimates. But its peers in the Chinese EV market have much higher valuations. There doesn’t seem to be any good… Continue reading Li Auto Should Be Worth $30.21, 21% More Than Its Current Price
There Just Might Be a Better Buy Than Nio Stock
Nio’s (NYSE:NIO) latest drop in price saw NIO stock fall from a Feb. 10 high of $64.60 to a May 13 low of $30.71 before recovering some of those losses over the second half of the month and into June. A Nio (NIO) sign and logo on a tan concrete building. Source: Sundry Photography /… Continue reading There Just Might Be a Better Buy Than Nio Stock
Why Is BorgWarner (BWA) Up 4% Since Last Earnings Report?
It has been about a month since the last earnings report for BorgWarner (BWA). Shares have added about 4% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is BorgWarner due for a pullback? Before we dive into how investors and analysts… Continue reading Why Is BorgWarner (BWA) Up 4% Since Last Earnings Report?
Do Its Financials Have Any Role To Play In Driving Aptiv PLC’s (NYSE:APTV) Stock Up Recently?
Most readers would already be aware that Aptiv’s (NYSE:APTV) stock increased significantly by 13% over the past month. As most would know, fundamentals are what usually guide market price movements over the long-term, so we decided to look at the company’s key financial indicators today to determine if they have any role to play in… Continue reading Do Its Financials Have Any Role To Play In Driving Aptiv PLC’s (NYSE:APTV) Stock Up Recently?
Eaton Corporation plc’s (NYSE:ETN) Financial Prospects Don’t Look Very Positive: Could It Mean A Stock Price Drop In The Future?
Eaton’s (NYSE:ETN) stock is up by 6.6% over the past three months. Given that the markets usually pay for the long-term financial health of a company, we wonder if the current momentum in the share price will keep up, given that the company’s financials don’t look very promising. In this article, we decided to focus… Continue reading Eaton Corporation plc’s (NYSE:ETN) Financial Prospects Don’t Look Very Positive: Could It Mean A Stock Price Drop In The Future?
Can Higher Oil Prices Boost EV Sales? Maybe.
Higher oil prices—back when electric vehicles were new and investors had never seen triple-digit oil prices—were once a bullish boon for both EV sales and EV manufacturers’ stock prices. Consider (TSLA) (TSLA): the EV maker’s stock fell almost 12% in May, the same month the Colonial Pipeline was hacked, disrupting gasoline supplies, and oil prices… Continue reading Can Higher Oil Prices Boost EV Sales? Maybe.