NIO’s (NIO) Q4 earnings were disappointing — and (most) investors were disappointed. The Chinese electric-vehicle maker’s stock sold off by 13% Tuesday, one day after NIO delivered a tiny sales “beat” — but lost twice as much money as analysts had bargained for. How bad was the news, exactly? In Q4, NIO reported $1.02 billion… Continue reading J.P. Morgan: Don’t Say Bye Bye to NIO Stock, Say Buy Buy
Tag: Electric vehicles
Why NIO Stock Sank 19.7% in February
Benzinga PreMarket Prep Stock Of The Day: Nio Benzinga’s PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given day,… Continue reading Why NIO Stock Sank 19.7% in February
GM extends vehicle production cuts due to semiconductor chip shortage
By Ben Klayman 4 Min Read DETROIT (Reuters) – General Motors Co said on Wednesday it was further extending production cuts at three North American plants and adding a fourth to the list of factories hit by the global semiconductor chip shortage. Slideshow ( 2 images ) The extended cuts do not change GM’s forecast… Continue reading GM extends vehicle production cuts due to semiconductor chip shortage
SPAC-mania is coming for self-driving startups in 2021, a top VC predicts
VC Reilly Brennan thinks SPAC sponsors have been looking to Tesla for ideas. After a wave of EV-related companies went public in 2020, automated-driving companies are next. Brennan thinks firms making autonomous semi trucks will be first in line. Visit the Business section of Insider for more stories. Special-purpose acquisition companies (SPACs) exploded in 2020,… Continue reading SPAC-mania is coming for self-driving startups in 2021, a top VC predicts
Switching to an electric fleet? Don’t forget about fleet telematics
Fleet telematics and routing solutions made for electric fleets can help the logistics industry make the most of their investment. Because of the impact of COVID-19 on supply chains, eCommerce and delivery, more fleets are going electric to save on costs and meet environmental targets. Evidenced by the 2020 Bloomberg New Energy Finance Ltd. (NEF)… Continue reading Switching to an electric fleet? Don’t forget about fleet telematics
@FCA: Alfa Romeo CPOVs Just a Click Away
March 3, 2021 , Auburn Hills, Mich. – Alfa Romeo today announced the launch of its updated certified pre-owned vehicles (CPOV) website that allows prospective buyers to easily locate, research and purchase late-model certified pre-owned Alfa Romeo vehicles, all from the comfort of their home. The updated alfaromeousacertified.com website can now also be accessed via the… Continue reading @FCA: Alfa Romeo CPOVs Just a Click Away
Vinfast and ProLogium Launching JV to Build Solid-State EV Battery Pack in Vietnam
TAIPEI, March 3, 2021 /PRNewswire/ — Vinfast, Vietnam’s first national car brand bared its ambition to dominate Vietnam’s electrical vehicle market by embracing ProLogium’s epoch-making solid state automotive battery solution. A subsidiary of Vingroup, Vietnam’s largest private company, Vinfast has signed a MOU with the world’s leading solid-state battery manufacturer ProLogium to accelerate commercialization of… Continue reading Vinfast and ProLogium Launching JV to Build Solid-State EV Battery Pack in Vietnam
Oye! Rickshaw launches battery swapping platform; to deploy 10K Li-ion batteries
Oye aims to tap the growing e-rickshaw market through its distributed battery swap network while delivering a broader socio-economic impact. New Delhi: The electric vehicle startup Oye! Rickshaw has launched its battery swapping platform and targets to deploy 10,000 Li-Ion batteries by December 2021. This announcement comes on the heels of a successful battery swapping… Continue reading Oye! Rickshaw launches battery swapping platform; to deploy 10K Li-ion batteries
Piaggio Vehicles opens EV Experience Center in Jaipur
Piaggio Vehicles, a subsidiary of the Italian Piaggio Group has inaugurated its EV Experience Center, Modi E-Mart Auto India in Jaipur, Rajasthan, which is also the first such facility by the company in the state. The experience centre was inaugurated by Pratap Singh Khachariyawas, Transport Minister, Rajasthan government, also [resent on the occasion were Vineet Joshi ,… Continue reading Piaggio Vehicles opens EV Experience Center in Jaipur
Elation Freedom is 1903bhp electric hypercar – Autocar
American start-up Elation is developing an electric hypercar with up to 1903bhp in partnership with motor manufacturer Cascadia Motion. Named the Freedom, the firm’s first model will be the latest entrant to the electric hypercar market, going up against the likes of the 1985bhp Aspark Owl and the 1900bhp Pininfarina Battista. The Freedom is powered by a “high-performance electric drive… Continue reading Elation Freedom is 1903bhp electric hypercar – Autocar