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Amazon Workers In Germany To Go On Strike For 4 Days
Sunday, March 28, 2021 - 2:02pm | 248Read More...Workers at six of Amazon's facilities across Germany are planning to go on strike from Sunday. What Happened: Amazon.com, Inc (NASDAQ: AMZN) labor union Verdi said that its workers at six Amazon sites in Germany would go on strike for four days beginning Sunday evening. Verdi is...
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Ford, Stellantis Announce Production Cuts Amid Chip Shortage
Saturday, March 20, 2021 - 3:21pm | 421Read More...Due to the global semiconductor shortage, Ford will reduce production at its Ohio plant. And competitor Stellantis’ production will be halted at its Warren, Michigan, and Saltillo, Mexico, assembly plants. What Happened: Amid a global semiconductor shortage, Ford Motor...
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BMW Says It Will Electrify 50% Of Vehicles By 2030, Offers First Glimpse Of i4 EV Sedan
Wednesday, March 17, 2021 - 2:31pm | 606Read More...Tesla, Inc.'s (NASDAQ: TSLA) list of rivals is getting bigger and stronger with the passing of each day. German luxury carmaker Bayerische Motoren Werke ADR (Pink: BMWYY) is the most recent automaker to reaffirm its commitment to transition away from internal combustion vehicles. BMW Three-...
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Palantir Strikes Long-Term Partnership With French Automotive Supplier Faurecia: What You Need To Know
Thursday, March 11, 2021 - 10:10am | 332Read More...Palantir Technologies Inc. (NASDAQ: PLTR) shares were advancing Thursday after the data analytics software company announced a strategic partnership. What Happened: Palantir said it has entered into a six-year strategic partnership with French automotive supplier Faurecia to help the latter...
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Fisker CEO's Tweet Reveals Additional Details for Project Pear EV Collab
Wednesday, March 10, 2021 - 12:00pm | 592Read More...Fisker Inc (NYSE: FSR) Chairman and CEO Henrik Fisker tweeted on Wednesday additional details about the "breakthrough" Project PEAR in the works with Hon Hai Precision Industry Co., Ltd. - ADR (OTC: HNHPF). What Happened: In a series of posts on Twitter, Fisker (@...
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Tesla Reaches 6,000 Supercharger Installs In China
Sunday, March 7, 2021 - 10:35am | 327Read More...Tesla Inc (NASDAQ: TSLA) has now installed 6,000 Supercharger stations across its key market of China. What Happened: The milestone was reported by Tesla accessories site, Tesmanian. Tesla last month opened a new Supercharger factory just kilometers away from its Giga Shanghai plant. Why...
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Tesla Model 3 Demand Spikes In Japan Following 25% Price Slash
Saturday, March 6, 2021 - 4:27pm | 557Read More...Has Tesla Inc (NASDAQ: TSLA) recent price slashes in the Japanese market played out in a way your college Economics 101 professor would be proud of? What Happened: According to a recent report by Automotive News, the Model 3 has received significant price slashes in the neighborhood of 25% for...
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Xpeng To Release New P7 Sedan With Lithium Iron Phosphate Battery March 3: Report
Sunday, February 28, 2021 - 9:13am | 286Read More...Chinese electric vehicle maker Xpeng Inc – ADR (NYSE: XPEV) will likely launch a new version of its P7 sedan as soon as next week. What Happened: Xpeng's new P7 with lithium iron phosphate battery will be released on March 3, according to a report in a China-based media outlet...
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Morgan Stanley Upgrades Carvana As It Targets New Markets, Nearly Doubles Price Target
Friday, February 26, 2021 - 3:03pm | 267Read More...Carvana Co (NYSE: CVNA) seems “uniquely positioned” to cater to a total addressable market far beyond the used car market, according to Morgan Stanley. The Carvana Analyst: Adam Jonas upgraded Carvana from Equal Weight to Overweight and raised the price target from $225 to $420. The...
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JD Power Dependability Survey Places Tesla Among Worst-Ranked Car Brands In US
Sunday, February 21, 2021 - 11:43am | 656Read More...J.D. Power, the automotive industry's longtime monitor of quality, included Tesla Inc (NASDAQ: TSLA) for the first time in its annual U.S. Vehicle Dependability Study. What Happened: Tesla didn't have a good showing in its debut. J.D. Power uses consumer survey data to report the number of...
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Chip Shortage Latest: Taiwan Says Semiconductor Makers On Top Of It, VW Labor Leader Says Golf Models Under Pressure
Saturday, February 20, 2021 - 2:34pm | 418Read More...A shortage of computer chips is causing automakers to scale back production and raising questions over supplies to other sectors such as consumer electronics. Here's the latest: "Manufacturers are doing what they should," said Taiwan Economy Minister Wang Mei-hua, as reported by...
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Electric Vehicle Registrations Reach New Record in US, With Tesla, GM Leading Way
Saturday, February 20, 2021 - 11:59am | 363Read More...Electric vehicle registrations in the US in 2020 reached a record market share of 1.8%, demonstrating increased consumer interest for electric vehicles. What Happened: That's according to a study by IHS Markit Ltd (NYSE: IHS) released on Friday. The report also says that December...
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Lithium And Hydrogen Trades: 5 Battery-Related Stocks To Watch
Saturday, February 20, 2021 - 9:38am | 751Read More...Stocks in electric battery technology have been heating up as automakers, airlines and equipment manufacturers continue to form partnerships with tech companies. Batteries are essential to many of the technologies that innovators hope will replace fossil fuel-burning machines. This bodes well for...
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Tesla's Rumored $25,000 Model 2 For China Could Be Unveiled In Late 2021: Report
Sunday, February 7, 2021 - 1:36pm | 457Read More...Tesla Inc (NASDAQ: TSLA) appears to be a step closer to bringing a more affordably-priced car to the Chinese market. What Happened: Chinese outlet Sina recently reported that a required Environmental Impact Assessment is underway for Tesla's Model 2 EV. According to Sina,...
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Apple Reportedly Has Suspended Electric Car Talks With Hyundai, Kia
Saturday, February 6, 2021 - 1:52pm | 404Read More...Apple Inc’s (NASDAQ: AAPL) rumored discussions with Hyundai Motor Co. and its subsidiary Kia Motors Corp. about building an electric vehicle have been put on hold, Bloomberg has reported. What Happened: Apple was upset about Hyundai's announcement in January...
