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Tencent-backed Aiways breaks into Europe and China EV market

SHANGHAI — Chinese electric vehicle startup Aiways is expanding its sales footprint in Europe, where more electric cars were sold last year than in China. Aiways has pursued this strategy since it was founded in 2017, as it looks to grow outside China’s fiercely competitive domestic market. The Shanghai-based pure-play EV manufacturer sealed deals with… Continue reading Tencent-backed Aiways breaks into Europe and China EV market

Skoda sales boss Alain Favey heads to Bentley

Skoda sales and marketing boss Alain Favey will move to fellow Volkswagen Group brand Bentley later this year to replace Chris Craft in the same role. Favey, whose career with the VW Group stretches back to 2009 and includes stints at Volkswagen, Porsche and Skoda, will oversee product launches from the British luxury brand from June… Continue reading Skoda sales boss Alain Favey heads to Bentley

Volkswagen to launch at least one new EV per year

Volkswagen will further accelerate its electrification plans, with boss Ralf Brandstätter pledging that more than 70% of its cars sold in Europe will be fully electric by 2030 – double VW’s previous target. The firm had previously pledged that 35% of the Volkswagen brand’s European sales would be fully electric vehicles by the end of… Continue reading Volkswagen to launch at least one new EV per year

Kulicke and Soffa Industries, Autodesk, Dow, Mattel and Magna International highlighted as Zacks Bull and Bear of the Day

For Immediate Release Chicago, IL – March 5, 2021 – Zacks Equity Research Shares of Kulicke and Soffa Industries, Inc. KLIC as the Bull of the Day, Autodesk, Inc. ADSK as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Dow, Inc. DOW, Mattel, Inc. MAT and Magna International Inc. MGA.… Continue reading Kulicke and Soffa Industries, Autodesk, Dow, Mattel and Magna International highlighted as Zacks Bull and Bear of the Day

Eaton (ETN) Up 13.4% Since Last Earnings Report: Can It Continue?

It has been about a month since the last earnings report for Eaton (ETN). Shares have added about 13.4% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Eaton due for a pullback? Before we dive into how investors and analysts… Continue reading Eaton (ETN) Up 13.4% Since Last Earnings Report: Can It Continue?

The Next Tesla May Emerge From This Explosion Of New EV Stocks

TipRanks 2 ‘Strong Buy’ Stocks Insiders Are Snapping Up In a casino, if you play long enough, the House always wins; this is just a matter of probabilities and available resources. It’s different in the stock market, even though there is a tendency to refer to stock investing as a game. Smart investors don’t have… Continue reading The Next Tesla May Emerge From This Explosion Of New EV Stocks

German Handelsblatt: More e-cars and more software: VW takes Tesla as a benchmark – new strategy with “Trinity” 001460

First impression of the VW project “Trinity” Silhouette of the Volkswagen “Trinity” project: from 2026 onwards, this new electric car will roll off the assembly line at the main plant in Wolfsburg. “Trinity” should only be the project name, however, the final name has not yet been determined. (Photo: Volkswagen) Düsseldorf The words “Tesla” and… Continue reading German Handelsblatt: More e-cars and more software: VW takes Tesla as a benchmark – new strategy with “Trinity” 001460

SoftBank’s Masayoshi Son spent $100 billion building an interconnected tech empire. See how the companies in this network buy, partner and lend to each other to power Masa’s vision.

SoftBank has invested in more than 100 tech companies, creating a vast network of businesses. The Japanese investor wants the companies to work together, which makes them stronger as they grow – but could put them in danger if their peers fail. A review by Insider offers the first comprehensive accounting of vendor and partner… Continue reading SoftBank’s Masayoshi Son spent $100 billion building an interconnected tech empire. See how the companies in this network buy, partner and lend to each other to power Masa’s vision.

Tag: Strategy