(Bloomberg) — BYD Co., China’s biggest maker of clean cars, has increased pricing for its popular Dolphin model and scrapped an entry-level version of the vehicle, just as automobile demand in the nation looks to be coming off the boil. Most Read from Bloomberg Shenzhen-based BYD said 2023 pricing for its Dolphin subcompact hatchback will… Continue reading BYD Hikes Pricing for Dolphin Model Despite Slowing Car Demand
Category: Suppliers
6G project opens up new possibilities for connected mobility
Mobility Solutions is the largest Bosch Group business sector. It generated sales of 45.3 billion euros in 2021, and thus contributed 58 percent of total sales from operations. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is safe, sustainable, and exciting,… Continue reading 6G project opens up new possibilities for connected mobility
These 6 NVIDIA Jetson Users Win Big at CES in Las Vegas
Six companies with innovative products built using the NVIDIA Jetson edge AI platform will leave CES, one of the world’s largest consumer technology trade shows, as big winners next week. The CES Innovation Awards each year honor outstanding design and engineering in more than two dozen categories of consumer technology products. The companies to be… Continue reading These 6 NVIDIA Jetson Users Win Big at CES in Las Vegas
With 84% ownership, Eaton Corporation plc (NYSE:ETN) boasts of strong institutional backing
A look at the shareholders of Eaton Corporation plc (NYSE:ETN) can tell us which group is most powerful. The group holding the most number of shares in the company, around 84% to be precise, is institutions. That is, the group stands to benefit the most if the stock rises (or lose the most if there… Continue reading With 84% ownership, Eaton Corporation plc (NYSE:ETN) boasts of strong institutional backing
Aptiv (APTV) Announces Completion of Wind River Acquisition
Aptiv PLC APTV announced the completion of the Wind River Studio acquisition from TPG last Friday. The revised transaction price is $3.5 billion instead of $4.3 billion announced in January 2022. Wind River is a provider of intelligent edge software solutions. Its software allows the secure development, deployment, operations and servicing of mission-critical intelligent systems. This… Continue reading Aptiv (APTV) Announces Completion of Wind River Acquisition
Nio stock drops following cuts to Q4 delivery figures, production concerns
EV developer NIO has cut its delivery guidance figures as it expects COVID disruptions in China to impact manufacturing goals. Video Transcript [AUDIO LOGO] – I’m watching NIO here. Shares dropping as the Chinese EV maker cut its Q4 delivery forecast to a high of 39,500 deliveries from a prior forecast of 48,000. NIO said… Continue reading Nio stock drops following cuts to Q4 delivery figures, production concerns
Chinese EV Maker Nio Cuts Delivery Outlook Amid Covid Disruptions
Morningstar Research Analyst Report: Tesla, Inc. Founded in 2003 and based in Palo Alto, California, Tesla is a vertically integrated sustainable energy company that also aims to transition the world to electric mobility by making electric vehicles. The company sells solar panels and solar roofs for energy generation plus batteries for stationary storage for residential… Continue reading Chinese EV Maker Nio Cuts Delivery Outlook Amid Covid Disruptions
China stocks tell 2 different stories about the economy
Chinese stocks listed in the U.S. were mostly higher on Tuesday amid optimism around Beijing’s decision to drop COVID-19 quarantine rules for inbound visitors, as the world’s second-largest economy abandons its long-held “COVID Zero” policy. But the slide in shares of EV makers like Tesla (TSLA) and a drop in Apple (AAPL) stock shows the… Continue reading China stocks tell 2 different stories about the economy
Auto Roundup: MGA & STLA Buyout Deals, KMX’s Quarterly Results & More
Last week, the European Automobile Manufacturers Association released data for commercial car registrations for November and the first 11 months of 2022. The European Union (EU) commercial vehicle market inched down 0.6% last month, representing the 17th straight month of decline. While sales of trucks improved from the year-ago month, van and bus sales declined.… Continue reading Auto Roundup: MGA & STLA Buyout Deals, KMX’s Quarterly Results & More
Jim Cramer Is Bearish On These 10 Stocks
In this article, we discuss 10 stocks that Jim Cramer is bearish on. Stocks plummeted for a fourth consistent trading week on December 19, crushed by rising recession fears. However, CNBC’s Jim Cramer noted that there could be a buying opportunity in the equity markets ahead of a potential rally. On December 19, Cramer told investors: … Continue reading Jim Cramer Is Bearish On These 10 Stocks