NIO Inc. NIO is currently trading at a forward 12-month price/sales (P/S) of 0.46X, down from its five-year average of 1.63X but at par with the Zacks Automotive-Foreign industry. The closest rivals of NIO, XPeng Inc. XPEV and Li Auto Inc. LI, are currently trading at forward P/S of 1.30X and 1.04X, respectively. Zacks Investment… Continue reading NIO Trading Below 5-Year Average P/S: Time to Buy, Sell or Hold?
Tag: VW
Factbox-China’s carmakers expanding their presence in Europe
(Reuters) -Chinese automakers are expanding in Europe, betting on their competitive pricing and advanced technology to break into a market traditionally dominated by European and American brands, amid a global shift towards electric vehicles. This expansion has stoked trade tensions between Brussels and Beijing, including a row over EU tariffs on Chinese-made EVs, imposed to… Continue reading Factbox-China’s carmakers expanding their presence in Europe
German Handelsblatt: Auto Industrie: VW dominates the German market for electric cars011128
Tesla slipped to 8th place in the group comparison at electric cars. Only another group can stand up to Volkswagen in the home market. Go to source
German Handelsblatt: Auto Industrie: VW dominates the German market for electric cars011128
Tesla slipped to 8th place in the group comparison at electric cars. Only another group can stand up to Volkswagen in the home market. Go to source
Electric cars: VW keeps the competition at a distance
In the first half of the year, the brands of the VW Group dominated the market for electric cars in Germany. In June, however, ID.7 was displaced from the top. ((Electric car,, Tesla))) Go to source
German Handelsblatt: Camping: This camper defies the heat wave – the VW Multivan EHYBRID 4011126
Multivan and California are camping legends and now also halbelectrical. This has enormous advantage, especially with the sweaty temperatures. Go to source
New Kia EV5: VW ID 4 rival lands in Europe ahead of 2026 launch
Kia has revealed technical specifications for the European version of its EV5 electric SUV, which gets a different battery from the Chinese-market car launched two years ago. It swaps the Chinese model’s lithium-iron-phosphate pack for the 81.4kWh nickel-manganese-cobalt unit that is also offered in the smaller EV3 and EV4. This is claimed to yield a range of up to 329… Continue reading New Kia EV5: VW ID 4 rival lands in Europe ahead of 2026 launch
German Handelsblatt: Car manufacturer: Minus 28 percent – Porsche slips in China at eleven -year low011124
The sports car manufacturer simply does not get his China problem under control-and pays a high price for growth in the USA due to Trump’s customs duties. The 911 also weakens. Go to source
German Handelsblatt: Car manufacturer: Minus 28 percent – Porsche slips in China at eleven -year low011124
The sports car manufacturer simply does not get his China problem under control-and pays a high price for growth in the USA due to Trump’s customs duties. The 911 also weakens. Go to source
@VW Group: A legend returns to Le Mans: Škoda Sport back on the famous circuit after 75 years010406
It is 24 June 1950. The second hand of the starting clock ticks past 16:00. Škoda’s racing driver Václav Bobek sprints across the start line, quickly slides behind the wheel of the Škoda Sport, car number 44, and sets off on his first 13.65 km lap at Le Mans. “Every time we climb into this original… Continue reading @VW Group: A legend returns to Le Mans: Škoda Sport back on the famous circuit after 75 years010406