Jinhua, China, May 13, 2024 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the “Company” or “Kandi”) announced today that it will report its first quarter 2024 financial results on Thursday, May 16, 2024. The Company has scheduled a conference call and live webcast to discuss its financial results at 8:00 A.M. Eastern Time (8:00 P.M.… Continue reading @Geely: Kandi Technologies to Report First Quarter 2024 Financial Results and Hold a Conference Call on May 16, 2024
Tag: Geely
Retro Rides weekender: the joy of old-school motoring
Buttonless key. Ignition barrel. Turn once. Turn again. Turn a third time. A screeching fanbelt whines before a multi-cylinder roar takes over then settles to a lumpy idle. What has just been described encapsulates the whole premise of Retro Rides – and the experience reflects ours when we took a top-spec Volvo 850 T5-R along… Continue reading Retro Rides weekender: the joy of old-school motoring
Adient (ADNT) Q2 Earnings Beat Estimates, Guidance Revised
Adient ADNT reported adjusted earnings per share (EPS) of 54 cents for the second quarter of fiscal 2024. Earnings rose from 32 cents recorded in the year-ago period and outpaced the Zacks Consensus Estimate of 39 cents. The company generated net sales of $3.75 billion, which decreased 4.1% year over year and missed the Zacks… Continue reading Adient (ADNT) Q2 Earnings Beat Estimates, Guidance Revised
@Geely-Volvo: Volvo Cars has completed the distribution of 62.7 percent of its Polestar shareholding to its shareholders and commences the conversion period of SDRs into Polestar Class A ADSs
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Clean Technica: Solar Power’s Rapid Growth (Graphs), Tesla Cybertruck Review, EV Sales Up — Top Cleantech News of the Week003418
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Friday is here! Unfortunately, the heat is rising fast here in Florida and it’s hard to enjoy some of the outdoor activities we love while suffering in the extreme heat and thinking about how dangerously we are heating up… Continue reading Clean Technica: Solar Power’s Rapid Growth (Graphs), Tesla Cybertruck Review, EV Sales Up — Top Cleantech News of the Week003418
How American carmakers lost ground in China
American automakers and their non-Chinese counterparts are fighting an existential battle, as local rivals in China outpace them. Chinese companies flush with government investments and subsidies have leapfrogged the competition in electric vehicle technology and software. U.S. automaker sales have fallen dramatically since their peak a few years ago. “I don’t want to sound overly… Continue reading How American carmakers lost ground in China
Royal Enfield eyes 2X growth of premium motorcycle industry in long term
Amid growing competition from global players like Harley-Davidson and Triumph, Eicher Motors-owned Royal Enfield is looking to outpace the premium two-wheeler industry growth, with a target to grow at double the pace of the industry in the long term. The automaker said the company is more concerned about growing its business than expanding its margins. … Continue reading Royal Enfield eyes 2X growth of premium motorcycle industry in long term
Eicher Motors posts record revenue, profit for Q4, FY24
Eicher Motors Ltd today reported its highest-ever revenues and profits for the fourth quarter of 2023-24 and the full financial year 2024. The company’s net profit rose 18 percent in the quarter, while it grew at a much higher rate of 37 percent during the financial year. The quarterly performance was driven by Royal Enfield… Continue reading Eicher Motors posts record revenue, profit for Q4, FY24
The buzziest EV IPO of the year is a Chinese automaker
Electric vehicle demand might be softening, but investors appear to be excited about the U.S. debut of a Chinese luxury EV brand. Geely-owned Zeekr hit the New York Stock Exchange with a splash on Friday, making it the first major U.S. listing by a Chinese company since 2021, following China’s effective ban on foreign IPOs.… Continue reading The buzziest EV IPO of the year is a Chinese automaker
Chinese EV Maker Zeekr Heads for US Listing at Reduced Valuation
(Bloomberg) — When Chinese electric-vehicle maker Zeekr lists in the US on Friday, it will be at a valuation of around $5.2 billion, less than half the $13 billion valuation announced following a funding round early last year. Most Read from Bloomberg The precipitous change in fortunes has surprised even the company’s top management. In… Continue reading Chinese EV Maker Zeekr Heads for US Listing at Reduced Valuation