getty As the growing popularity of electric vehicles charge up demand for battery components, shares of South Korea-listed chemicals group EcoPro have surged almost 230% since the beginning of the yea...
Tag: EV
U.S. Businesses Look To De-Risk, Not Decouple, Their China Ties
Commuters at a subway station in Beijing on March 6. China economic growth target of around 5% this … [+] year is more than three times the 1.4% expansion in the United States predicted by the I...
Subway Plans EV Charging Stations With Wi-Fi And Playgrounds
A mock-up released by Subway and GenZ EV Solutions, showing their plans for an EV Charging Oasis. … [+] (PRNewsfoto/Subway Restaurants) Subway Restaurants Subway plans to install electric vehicl...
The Electric Vehicle Transition In Historical Comparison
1910 Stanley Steamer, 2000. (Photo by National Motor Museum/Heritage Images/Getty Images) Getty Images Advocates for battery electric vehicles (BEVs) are enthused about the potential for them to displ...
Tesla Cuts Prices To Compete For EV Sales And Tax Incentives — Will The Discounts Be Enough To Spur Lagging Sales?
Getty Images Key takeaways Tesla announced U.S. price cuts to all its models, ranging from $3,000 to $11,000. There are multiple reasons for the cuts, including slowing sales, an EV tax credit and mor...
Could BYD Outpace Tesla If They Sold In North America?
LightRocket via Getty Images Key takeaways BYD is China’s largest manufacturer of electric vehicles (EVs). The company is outpacing Tesla in sales, selling 1.62 million cars between January and Novemb...
Employment Remains Strong And Inflation Is Receding In Spite Of Recession Fears
Getty Images Key takeaways: The American economy is doing well when we look at unemployment and inflation numbers. But the stock market isn’t – reminding us that the two are not the same. While there ...
Crossing The Emissions Gap Between Inflation Reduction Act And 2030 NDC Is Worth 4 Million Jobs
The United States has gone all-in on climate and clean energy funding. The Inflation Reduction Act’s (IRA) $370 billion in emissions reduction funding, the CHIPS and Science Act’s $70 billion in zero-...
Evergrande’s Billionaire Founder Begins New Year With Another Pledge To Pay Down Debt
Evergrande founder Hui Ka Yan has started the new year with a new pledge. South China Morning Post via Getty Images Hui Ka Yan, the embattled founder of real estate developer China Evergrande Group, s...
Tesla Posts Record EV Deliveries In Fourth Quarter – But Misses Expectations
Tesla CEO Elon Musk visiting the company’s Giga Berlin plant in Gruenheide, Germany. AFP via Getty Images Tesla, the world’s leading maker of electric vehicles, reported a record volume of deliv...
Li Auto sees record EV deliveries in December
Li Auto Inc. said Friday that it delivered more than 20,000 electric vehicles in December, which is more than 33% above the previous monthly record delivered last month. The China-based EV maker’s ann...
Tesla stock suffers longest losing streak since March 2020 after Wedbush slashes price target by 30%
Shares of Tesla Inc. suffered their longest losing streak since the start of the COVID pandemic, after Wedbush analyst Dan Ives slashed his price target by 30%, citing “demand cracks” for the fourth q...
Tesla Competitor Lucid Raises $1.5 Billion, Majority From Saudi Sovereign Wealth Fund
(Photo by MediaNews Group/Bay Area News via Getty Images) MediaNews Group via Getty Images Key Takeaways Lucid Group has raised an additional $1.5 billion to support ongoing operations, with $915 mill...
California And China’s Secret Weapon On Transportation Electrification
Car market heavyweights China and California are leading the world’s transition to electric vehicles (EVs), and their ambition will have an outsized impact on transportation electrification due to the...
Grid Edge Infrastructure: Powering The Energy Transition
Ben Hertz-Shargel, Global Head of Grid Edge at Wood Mackenzie The distributed technologies and innovations known collectively as the grid edge will be integral to effectively powering an electrified w...
BYD Shares End Week Lower As Berkshire Hathaway Sells Again, China EV Subsidies Cut
Warren Buffett’s Berkshire Hathaway has trimmed its stake in China EV maker five times in the past … [+] three months, according to Hong Kong Stock Exchange filings. (Photo by Dimitrios Ka...
Chairman, Vice Chairman At China Manufacturer Investing $916 Million In Ohio Under Police Surveillance
Yunnan Energy New Materials shares have declined nearly 14% at the Shenzhen Stock Exchange this … [+] week. Photographer: Qilai Shen/Bloomberg © 2019 Bloomberg Finance LP The chairman and vice c...
Dtech IPO In Shenzhen Mints New China Billionaire Couple
A man walks by the gate of the Shenzhen Stock Exchange in 2020. (Photo by VCG/VCG via Getty Images) VCG via Getty Images Tuesday’s listing by Guangdong Dtech at the Shenzhen Stock Exchange has minted ...
Nickel Products Supplier To EV Industry Poised To Become China’s Newest Billionaire
Nickel ore trader Lygend aims to list its shares at the Hong Kong Stock Exchange on Dec. 1. … [+] Photographer: Paul Yeung/Bloomberg © 2022 Bloomberg Finance LP Lygend Resources & Technology...
BYD Retains EV Crown Over Tesla As Mainland Investors Buy Big In Hong Kong
China Last Night KraneShares Key News Asian equities were down following the Fed’s 75 basis point interest rate hike as the US dollar surged overnight and the Asia dollar index hit a 52-week low. Thai...
Is Ford A Profitable Company In 2022?
| The 40 millionth Ford Motor Co. F-Series truck sits on the assembly line at the Ford Dearborn … [+] Truck Plant on January 26, 2022 in Dearborn, Michigan. Photo by JEFF KOWALSKY AFP via Getty ...
Rivian’s big recall is a ‘black eye’ for bulls, but the stock is still a buy, analyst says
Shares of Rivian Automotive Inc. took a dive Monday, in the wake of the electric-vehicle maker’s recall of nearly all of its vehicles, but Wedbush analyst Dan Ives said the news is just a “speed bump”...
Opinion: Ford’s pact with Chinese EV battery maker is a sucker punch to American taxpayers
Virginia Governor Glenn Youngkin made national headlines recently when he rejected a Ford Motor F, +1.30% factory in a struggling part of the state, owning to Ford’s partnership with Contemporary Ampe...