The sale of Electric Vehicles (EVs) in China is booming due to the Chinese government’s push towards electric vehicles. According to a Reuters report from last week, EV sales in July at Chinese automakers like Li Auto (LI) and XPeng (XPEV) more than tripled from the same period a year back. However, according to a… Continue reading Nio vs. XPeng: Which is Coasting Toward Upside?
Tag: Tesla
How to value Nio’s stock compared to Tesla, VW, Ford and other rivals
Barrons.com Delta Is Hitting These Travel Stocks More Than Others The Delta variant appears to be taking a bite out of what had been a resurgent U.S. leisure-travel segment, though the evidence is anecdotal and fraught with crosscurrents. The federal Transportation Security Administration on Tuesday screened 1,727,075 individuals nationwide, the lowest level since June 15… Continue reading How to value Nio’s stock compared to Tesla, VW, Ford and other rivals
NIO’s Q2 Loss Narrows, Sales Jump Y/Y, Q3 Outlook Robust
NIO Inc. NIO reported second-quarter 2021 loss per American Depositary Share (ADS) of 7 cents, narrower than the year-ago loss of 16 cents owing to higher revenues. The China-based electric vehicle maker posted revenues of $1,308.4 million, up a whopping 127.2%, year over year. Robust deliveries in second-quarter 2021 led to this outperformance. NIO delivered… Continue reading NIO’s Q2 Loss Narrows, Sales Jump Y/Y, Q3 Outlook Robust
Nikola wins $2 million DOE grant after founder’s indictment
Hydrogen trucking startup Nikola has won a $2 million grant from the Department of Energy just two weeks after founder and former chairman Trevor Milton was indicted for allegedly committing fraud. The grant is meant to help Nikola research autonomous refueling technologies for hydrogen refilling stations. It was awarded by the DOE’s Energy Efficiency and… Continue reading Nikola wins $2 million DOE grant after founder’s indictment
Daimler could sell trucks stake a year after spin off -paper
By Reuters Staff 2 Min Read FILE PHOTO: The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke/File Photo BERLIN (Reuters) – Daimler could divest the 35% stake it will hold in its truck division after just one year following the planned spin-off, Handelsblatt business daily… Continue reading Daimler could sell trucks stake a year after spin off -paper
Autos & Transportation · 11:26 AM UTCTesla’s Musk says must keep to schedule on European gigafactory – ministerTesla (TSLA.O) CEO Elon Musk has made c…
BERLIN, Aug 12 (Reuters) – Tesla (TSLA.O) CEO Elon Musk has made clear how important it is for the company to keep to its schedule for the construction of its European gigafactory in the German state of Brandenburg, its Economy Minister Joerg Steinbach said. Tesla also said it was willing to intensify communication in the… Continue reading Autos & Transportation · 11:26 AM UTCTesla’s Musk says must keep to schedule on European gigafactory – ministerTesla (TSLA.O) CEO Elon Musk has made c…
Tesla’s Musk says must keep to schedule on European gigafactory – minister
By Reuters Staff 1 Min Read SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the automobile awards “Das Goldene Lenkrad” (The golden steering wheel) given by a German newspaper in Berlin, Germany, November 12, 2019. REUTERS/Hannibal Hanschke BERLIN (Reuters) – Tesla CEO Elon Musk has made clear how important it… Continue reading Tesla’s Musk says must keep to schedule on European gigafactory – minister
Tesla Claims It Can Now Recycle 92 Percent of Raw Materials from Batteries
We don’t know how many batteries are actually being recycled. Recycling Batteries In its 2020 Impact Report, electric carmaker Tesla claims that it can now recycle up to 92 percent of raw materials that go into its battery cells, a process that the company’s factories have already begun to implement. The process could have a… Continue reading Tesla Claims It Can Now Recycle 92 Percent of Raw Materials from Batteries
TechnologyRivian considers $5 billion EV plant in Texas, document showsAugust 11, 2021
R.J. Scaringe, Rivian’s 35-year-old CEO, introduces his company’s R1T all-electric pickup truck at Los Angeles Auto Show in Los Angeles, California, U.S. November 27, 2018. REUTERS/Mike Blake AUSTIN, Texas Aug 11 (Reuters) – Amazon.com Inc (AMZN.O) backed electric vehicle (EV) company Rivian is in discussions to invest at least $5 billion in a new vehicle… Continue reading TechnologyRivian considers $5 billion EV plant in Texas, document showsAugust 11, 2021
TechnologyElon Musk visits Germany, meets with state leaders over ‘gigafactory’August 11, 2021
Musk makes surprise visit to Germany – minister Tesla’s gigafactory in Germany faces delays German gigafactory scheduled to open in late 2021 FRANKFURT, Aug 11 (Reuters) – Tesla (TSLA.O) CEO Elon Musk on Wednesday evening met with the leadership of Brandenburg, the German state where the group’s 5.8 billion euro ($6.9 billion) European gigafactory is… Continue reading TechnologyElon Musk visits Germany, meets with state leaders over ‘gigafactory’August 11, 2021