Newsfeeds - Spark Newswire

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Hyundai Commits $7.4B To Make Electric Vehicles In US

Today, 5:40 AM

Hyundai Motor Group, the South Korean multinational conglomerate which owns Hyundai Motor Co (OTC: HYMTF) and its sister concern Kia Motors, said on Thursday it will invest $7.4 billion by 2025 to make electric vehicles, upgrade production facilities, and further fund smart mobility solutions in the United St

BYDDY

2 minute read

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Nio Grabbed 23% Share Of China’s All-Electric SUV Market In April, Ahead Of Tesla’s 17%

By Rachit Vats

Today, 5:40 AM

Nio Inc (NYSE: NIO) grabbed the largest market share in China’s all-electric SUV market in April, higher than its U.S.-based rival Tesla Inc (NASDAQ: TSLA), according to China Automotive Technology and Research Cente

NIO

3 minute read

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EXCLUSIVE: XPeng President Sees Strong EV Growth Trajectory Despite Competition, Supply Chain Issues

By Shanthi Rexaline

Today, 5:40 AM

After XPeng Inc.

BIDU

14 minute read

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Earnings Scheduled For May 13, 2021

By Benzinga Insights

Today, 5:40 AM

Companies Reporting Before The Bell • CASI Pharmaceuticals (NASDAQ:CASI) is estimated to report quarterly loss at $0.06 per share on revenue of $5.05 million.

AACG

2 minute read

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Tesla And Elon Musk ‘Need To Play Nice’ With Beijing, Wedbush Says On Underwhelming April China Deliveries

By Madhukumar Warrier

Today, 5:40 AM

Tesla Inc. (NASDAQ: TSLA) and its CEO Elon Musk need to “play nice in the sandbox” with Beijing and smooth out public-relation issues in China that have been a black eye for the automaker over the last month, according to Wedbush analyst Daniel Ives.

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Nio Backs Lidar Supplier In $64M Funding Round As It Prepares For ET7 Sedan Deliveries

By Madhukumar Warrier

Today, 5:40 AM

Chinese electric vehicle maker Nio Inc. (NYSE: NIO) was among the backers in lidar company Innovusion’s latest $64 million funding round, Reuters reported Monday.

NIO

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Warren Buffett-Backed BYD Outdoes Nio, Xpeng, Li Auto In April EV Deliveries

By Rachit Vats

Today, 5:40 AM

Chinese automaker BYD Co Ltd’s (OTC: BYDDF) all-electric vehicle sales soared in April and the company sold more than twice as many electric vehicles as its closest rival Nio Inc (NYSE: NIO) during the month amid suppl

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