Bafin The financial supervisory authority routinely looks at the price rally, according to the Bafin. (Photo: Bloomberg) The latest price rally at Volkswagen calls the financial regulator on the plan. The Bafin routinely watch the movements, said a spokeswoman on Thursday. The papers of the Wolfsburg-based group had attracted attention in the past few days… Continue reading German Handelsblatt: Finanzaufsicht: Plus 50 percent in a few days: Bafin examines the price rally of the VW share001648
Tag: Tesla
Why Japan’s carmaking heavyweights could be facing an electric shock
Japan’s traditional carmaking giants need to raise their game in the race to develop pure, battery-driven electric vehicles or risk being left behind by Chinese, American and European producers, analysts have warned. Despite dominating car production in Asia for decades, Japan’s big players have been slow to fully develop the battery-only technology that is now… Continue reading Why Japan’s carmaking heavyweights could be facing an electric shock
@niche: Press Lordstown Endurance electric pickup entering San Felipe 250 off-road race000640
The Lordstown Endurance electric pickup will be hitting the road this fall, but it will be going off road before then. (Lordstown Motors) The Ohio-based startup is entering one of its trucks in the SCORE International San Felipe 250 race across Baja, Mexico in April. Lordstown Motors CEO Steve Burns told Fox News Autos in… Continue reading @niche: Press Lordstown Endurance electric pickup entering San Felipe 250 off-road race000640
Ryder says EV startup Chanje owes millions for undelivered vans
Truck rental company Ryder says it’s owed nearly $4 million from EV startup Chanje after it failed to deliver 100 of the 125 vans promised back in 2017, according to a previously unreported lawsuit in Florida. The lawsuit comes as a massive shift toward electric propulsion is underway in the commercial vehicle space, with new… Continue reading Ryder says EV startup Chanje owes millions for undelivered vans
Volkswagen brand expects its 2021 electric car deliveries to double
By Bartosz Dabrowski 2 Min Read (Reuters) – Volkswagen expects to double electric vehicle deliveries and increase profits for its core brand this year after the world’s second-largest carmaker stepped up its switch to fully electric vehicles. Slideshow ( 2 images ) The brand will deliver more than 450,000 electric cars this year, the company… Continue reading Volkswagen brand expects its 2021 electric car deliveries to double
Volkswagen abruptly pulls plug on South Korean battery makers
By Heekyong Yang, Yilei Sun and Christoph Steitz SEOUL/BEIJING/FRANKFURT: Days before Volkswagen AG held an event to announce a major ramp-up in its electric vehicle production, the German car maker abruptly told its South Korean battery suppliers their current technology would be largely excluded from those plans. The decision by the world’s second largest automaker… Continue reading Volkswagen abruptly pulls plug on South Korean battery makers
Electric vehicles could cost less than $5,000 some day, Morgan Stanley analysts predict (GM, TSLA)
A new electric car could eventually cost as little as $3,000, Morgan Stanley analysts said. The bank expects electric-vehicle prices to continue to drop for the next decade at least. Plummeting EV prices could render gas-powered cars completely obsolete, they said. See more stories on Insider’s business page. The cheapest electric car for sale in… Continue reading Electric vehicles could cost less than $5,000 some day, Morgan Stanley analysts predict (GM, TSLA)
Retail investors accelerate Volkswagen’s U.S. share spike
By Danilo Masoni, Aaron Saldanha 3 Min Read (Reuters) – U.S. retail investors are buying the American depositary receipts of German automaker Volkswagen AG, some market participants said, accelerating a rally spurred by well-received VW announcements on its efforts to overtake Tesla Inc in the electric vehicles market. FILE PHOTO: A Volkswagen logo is seen… Continue reading Retail investors accelerate Volkswagen’s U.S. share spike
Nissan chases car shoppers with one-stop online buying
TOKYO — Car shoppers looking to buy a Nissan will need to reach no farther than their smartphones, with the automaker’s online program accommodating the preferences of coronavirus-weary consumers seeking to avoid the showroom and younger people making big-ticket purchases on the internet. Nissan Motor began rolling out a proprietary online system this February at… Continue reading Nissan chases car shoppers with one-stop online buying
Xpeng CEO Bought Shares In Rival Nio During 2019 Low
TipRanks These 2 EV Stocks Have Over 40% Upside Potential, Say Analysts Everyone wants to be part of the next big thing, and right now, in the automotive industry, that’s looking more and more like electric vehicles (EVs). A combination of social and political pressures are promoting EVs, and manufacturers – both legacy automakers like… Continue reading Xpeng CEO Bought Shares In Rival Nio During 2019 Low