Toyota’s 2021 US Sales Surge 10.4%, Outnumbers GM
Toyota Motor Corp (NYSE:TM) reported the calendar year 2021 U.S. sales of 2.33 million vehicles, an increase of 10.4% on a…
‘Toyota to launch own operating software, vying with Tesla and VW’ -Nikkei Asia Report
https://asia.nikkei.com/Business/Automobiles/Toyota-to-launch-own-operating-software-vying-with-Tesla-and-VW
Read BofA’s Take On U.S. Light Vehicle Sales
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.
Nio Close To Striking A Deal With Warren Buffett-Backed BYD For Mass Market Brand EV
Nio Inc - ADR's (NYSE: NIO) Nio Day 2021 turned out to be a disappointment for some who were expecting the company to unveil more than one vehicle model, the ET5. It now appears the company is on track to announce another model.
CBAK Energy Inks Agreement With AZAPA R&D China To Develop Customized Battery Pack
CBAK Energy Technology Inc (NASDAQ:CBAT) subsidiary CBAK New Energy (Nanjing) Co., Ltd. has agreed with AZAPA R&D China to develop a…
EV Week In Review: Double Crown For Tesla’s Musk, Rivian’s Q3 Spooks Investors, Toyota Charts Out Ambitious EV Plan, Arrival Out With Its Prototype And More
Stung by the broader market weakness and deterioration in sentiment toward Chinese stocks, the EV sector closed the week ending Dec. 17 mostly in the red. Tesla, Inc. (NASDAQ: TSLA) came under selling pressure amid further stock sales by CEO Elon Musk.
Why Are Cerence Shares Trading Higher Today?
Wells Fargo analyst Colin Langan upgraded Cerence Inc (NASDAQ:CRNC) from Equal-Weight to Overweight and an $85 price target, down from $91, implying…
Toyota Stock Gains On January 2022 Production Plan
Toyota Motor Corp (NYSE:TM) said it expects the global production plan in January 2022 to reach the 800,000 unit level, including…
EV Skeptic Toyota Charts Out Ambitious Electrification Plan: Here Are The Details
Toyota Motor Corporation (NYSE: TM), which has been reluctant to endorse battery electric vehicles, is having a rethink its strategy.