Newsfeeds - Spark Newswire

3 minute read

Tesla’s Relief Rally, Volkswagen’s Diess Springs In Surprise, Lucid Beefs Up Management Team, Faraday Future Stalls And More: Week’s Biggest EV Stories

Today, 2:46 PM

Electric vehicle stocks closed mostly higher in the week ending July 22, thanks to a strong earnings report from market leader Tesla, Inc. (NASDAQ: TSLA). Some stocks reacted to company-specific developments, while shares of Chinese EV makers, closed uniformly lower.

BTC

1 minute read

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Warren Buffett-backed Chinese EV Maker Plans To Unveil High-End EV In Q3: Report

By Shanthi Rexaline

Today, 2:46 PM

Chinese automaker BYD Company Limited (OTC: BYDDY) has reportedly confirmed plans of launching a premium brand EV.

BYDDY

1 minute read

Qualcomm Inks $1.04B Automated Driving Chip Supply Deal With Volkswagen: Report

By Shanthi Rexaline

Today, 2:46 PM

U.S. chipmaker Qualcomm, Inc. (NASDAQ: QCOM) has reportedly landed a long-term supply deal with German automaker Volkswagen AG (OTC: VWAGY).

BMWYY

2 minute read

Is Nvidia A Software Play? What This Analyst Sees As ‘Software-Only Monetization Opportunities’

By Shanthi Rexaline

Today, 2:46 PM

Nvidia Corporation (NASDAQ: NVDA) held its GTC 2022 earlier this month, where it announced a slew of products and services. An analyst

DDAIF

1 minute read

Read BofA’s Take On U.S. Light Vehicle Sales

By Anusuya Lahiri

Today, 2:46 PM

BofA analyst John Murphy sees U.S. light-vehicle sales down ~20% year-over-year in December on a selling day adjusted basis yielding a seasonally adjusted annualized rate of 12.9 million vehicles. Murphy said that the expected weak performance reflects depressed sales due to the ongoing supply shock.

DDAIF

2 minute read

Blackrock Joins Consortium With BMW, Ford To Invest $785M In European Charging Network Expansion

By Shanthi Rexaline

Today, 2:46 PM

One of the factors that determine the success of the large-scale electric vehicle transition that is underway is good charging infrastructure.

BLK

2 minute read

Tesla Battery Supplier CATL Is Now The Second Most Valued Company Listed In China

By Shanthi Rexaline

Today, 2:46 PM

Tesla, Inc.

DDAIF

2 minute read

Media
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Tesla Rival Lucid Group’s Debut Vehicle Named MotorTrend Car Of The Year

By Shanthi Rexaline

Today, 2:46 PM

Lucid Group, Inc.'s (NASDAQ: LCID) Air is making waves within weeks of the commencement of first deliveries of the luxury sedan.

DDAIF

2 minute read

Tesla Gets A New Street-High Price Target; ‘EV Maker Now Looks More Scaled Up Than Most OEMs’

By Shanthi Rexaline

Today, 2:46 PM

Tesla Inc (NASDAQ: TSLA) shares have tacked on solid gains for the year-to-date period, reflecting an improvement in fundamentals. On Monday, an analyst at Jefferies bumped up the price target for Tesla shares to the highest on the Street.

BMWYY

2 minute read

XPeng Gets Top Rating On Environmental, Social And Governance Review

By Shanthi Rexaline

Today, 2:46 PM

Chinese electric vehicle startup XPeng, Inc. (NYSE: XPEV) announced Thursday evening its maiden Environmental, Social and Governance (ESG) report, outlining its strategy and achievements on the ESG front.

BYDDF