Direxion Launches Daily 2X Leveraged Electric and Autonomous Vehicle ETF: EVAV

EVAV Provides 200% Exposure to Electric and Autonomous Vehicles Industry NEW YORK, Aug. 11, 2022 /PRNewswire/ — Direxion, a leading provider of tradeable and thematic ETFs, today announced the launch of the Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (Ticker: EVAV). The Fund seeks to achieve 200% of the daily performance of the Indxx… Continue reading Direxion Launches Daily 2X Leveraged Electric and Autonomous Vehicle ETF: EVAV

Global Automotive Suspension Market 2022-2027: Increasing Sales of EVs to Drive Demand for Semi-Active and Active Suspension Systems

DUBLIN, Aug. 11, 2022 /PRNewswire/ — The “Global Automotive Suspension Market by Architecture (MacPherson Strut, Double Wishbone, Multilink, Twist Beam, Leaf Spring, Air Suspension), System, Actuation, Component, Vehicle (ICE, Electric, Off-Highway, ATV), Aftermarket & Region – Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering. The automotive suspension market is expected to grow from… Continue reading Global Automotive Suspension Market 2022-2027: Increasing Sales of EVs to Drive Demand for Semi-Active and Active Suspension Systems

Ford CEO calls out Tesla’s Elon Musk over electric pickup lead

Ford CEO Jim Farley has called out Tesla CEO Elon Musk over the Dearborn, Michigan-based automaker’s lead in electric pickup trucks. Musk responded. Do we have a little friendly competition in the electric pickup market? In the auto industry, or any competitive industry really, it is rare that CEOs will directly call each other out… Continue reading Ford CEO calls out Tesla’s Elon Musk over electric pickup lead

German Handelsblatt: Truck manufacturer: Daimler Truck cannot deliver thousands of trucks – because there are no drivers004987

Daimler trucks The manufacturer’s sales increased, but there are problems with free cash flow. (Photo: Bloomberg) Logistical problems, of all things, are clouding Daimler Truck’s business. In concrete terms, the global number one among manufacturers of heavy articulated lorries and buses is struggling with full warehouses because there is a lack of truck drivers and… Continue reading German Handelsblatt: Truck manufacturer: Daimler Truck cannot deliver thousands of trucks – because there are no drivers004987

Continental wins 300 OE approvals for its EV-specific tyres

The rolling resistance-optimised tyre for e-SUVs from the Stellantis Group is around 17% above the requirements of the EU tyre label rating A for energy efficiency. Despite a turbulent global market environment in first-half CY2022, technology major and supplier Continental says it is looking ahead to the second half of the year with optimism and… Continue reading Continental wins 300 OE approvals for its EV-specific tyres

German Handelsblatt: Truck manufacturer: Daimler Truck increases profit significantly thanks to price increases004984

Daimler trucks The truck manufacturer is currently able to push through higher prices. (Photo: dpa) Despite a shortage of parts and higher raw material prices, the truck manufacturer Daimler Truck increased its profits significantly in the second quarter. The adjusted operating result climbed from April to June by 15 percent to 1.01 billion euros, the… Continue reading German Handelsblatt: Truck manufacturer: Daimler Truck increases profit significantly thanks to price increases004984

German Handelsblatt: Truck manufacturer: Daimler Truck increases profit significantly thanks to price increases004983

Daimler trucks The truck manufacturer is currently able to push through higher prices. (Photo: dpa) Despite a shortage of parts and higher raw material prices, the truck manufacturer Daimler Truck increased its profits significantly in the second quarter. The adjusted operating result climbed from April to June by 15 percent to 1.01 billion euros, the… Continue reading German Handelsblatt: Truck manufacturer: Daimler Truck increases profit significantly thanks to price increases004983

Tesla teases new energy products coming this year

In an internal meeting, Tesla teased new and updated energy products coming later this year along with a better customer front-end for solar installations. Tesla’s energy division definitely lives in the shadows of its automotive business. When most people think “Tesla,” they think of electric cars, but the company has had a renewed focus on… Continue reading Tesla teases new energy products coming this year