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Ford Cancels Large Electric SUV Plans, Takes $1.9bn Hit Amid Slower EV Demand
August 22, 2024 12:20 AM PDT| By Team Kalkine MediaFord Motor Company (NYSE:F) has announced the cancellation of its plans for a large electric sport-utility vehicle (SUV), citing tougher-than-expected market conditions for electric vehicles (EVs). The Dearborn, Michigan-based automaker expects to in...
Volkswagen Delays New ID.4 Launch as Part of Reshuffled Trinity EV Project
August 13, 2024 07:46 AM PDT| By Team Kalkine MediaVolkswagen (VOWG_p.DE) has announced a delay in the launch of its new ID.4 model, initially planned as part of its next-generation Trinity EV project. The German automaker has shifted the release of the ID.4 and another electric SUV, which were set t...
Ford Issues Urgent "Do Not Drive" Advisory for Vehicles Affected by Takata Airbag Recall
August 13, 2024 07:38 AM PDT| By Team Kalkine MediaFord Motor Company (NYSE:F),has issued an urgent "do-not-drive" advisory on Tuesday for certain vehicles still affected by the ongoing Takata airbag recalls. The automaker is strongly urging owners of these vehicles to contact their local dealerships...
Tesla Ratio Spread Targeting Profit Zone Between $160 and $190
August 13, 2024 12:00 AM PDT| By Team Kalkine MediaHeadlines,A put ratio spread is a complex option strategy that can yield profits in various market conditions, with timing being crucial.,Tesla's,(NASDAQ:TSLA),market dominance and innovative business model make it a significant player in the electri...
Toyota Stock: Down 20% in the Last Month, What Lies Ahead?
August 12, 2024 09:40 AM PDT| By Team Kalkine MediaHeadlines,Toyota's,(NYSE:TM),recent financial performance shows strong profits and increased revenue, but the stock has fallen nearly 20% in the past month due to a mix of currency fluctuations and broader economic concerns.,Despite a significant dro...
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The Unexpected Challenges Facing Ford Stock in July
August 09, 2024 12:00 AM PDT| By Team Kalkine MediaHeadlines,Ford's,(NYSE:F),stock experienced a significant decline in July, falling 13.7% after a strong rally in mid-2024.,The company reported disappointing second-quarter results, with net income dropping despite revenue growth, and faced high cost...
EV Fund Outflows Reach $1.6 Billion Amid Trump Concerns and Growth Slowdown
August 07, 2024 09:30 AM PDT| By Team Kalkine MediaHeadlines,Electric vehicle-focused funds have seen significant outflows this year, with $1.6 billion withdrawn by July 31.,The potential,reelection,of Donald Trump, who opposes some EV policies, is adding to investor apprehension.,The overall growth...
Tesla Implements Update for 1.6 Million Cars in China to Address Hood Lock Issue
August 07, 2024 12:00 AM PDT| By Team Kalkine MediaHeadlines,Tesla is rolling out a software update for over 1.6 million vehicles in China to address a potential safety risk related to the hood latch.,The update aims to fix an issue where the hood may open unexpectedly while driving, which could incr...
Magna International: No Rush To Start A Position
August 05, 2024 06:28 PM PDT| By Team Kalkine MediaMagna International Inc. reported Q2 earnings with flat sales, missed EPS, and lower EBIT compared to the previous year. The company attributed its lackluster performance to the global automotive slump, especially in Europe, leading to downward revis...
Li Auto's Stock Drop: What's Behind the Fall Despite Record Deliveries?
August 05, 2024 04:20 AM PDT| By Team Kalkine MediaHeadlines,Li Auto has seen a significant increase in vehicle deliveries, especially for its new Li L6 model.,Despite this growth, the company's stock has fallen 35% due to international tariffs and a cooling Chinese economy.,The Chinese EV market rem...
Why EV Stocks Rivian, Lucid, and QuantumScape Surged in July
August 05, 2024 12:00 AM PDT| By Team Kalkine MediaSeveral electric vehicle (EV) stocks experienced notable gains in July. Rivian Automotive saw its shares rise by 22.3%, while Lucid Group soared 34.9%. QuantumScape, a battery maker, also saw significant movement with a 31.3% increase, according to d...
General Motors Shares Surge Ahead of Q2 Earnings, Electric Silverado in Focus
July 25, 2023 07:00 AM PDT| By Team Kalkine MediaGeneral Motors Co.,(NYSE GM),shares are experiencing a surge of over 2% on Monday as investors eagerly anticipate the release of the automaker's second-quarter earnings report scheduled for Tuesday before the opening bell. Here's what you need to kno...
Cruising the Market: Analyzing NYSE's Automotive Stocks for Profitable Investing
May 21, 2023 10:19 AM PDT| By Team Kalkine MediaAnalyzing,NYSE's Automotive Stocks,for Profitable Investing. Unleash your passion for automobiles and discover the emotional aspects of investing in automotive stocks. Explore key factors to consider, navigate the market with confidence, and steer to...
TSLA vs RIVN: Which EV stock to watch in Q2 2023?
April 04, 2023 03:07 AM PDT| By Raza NaqviInvestors should study a company's business operations, balance sheet, and future prospects before investing in any stock.
How are these EV stocks (TSLA & RIVN) faring in 2023?
February 09, 2023 02:40 AM PST| By TamnnaAutomobiles that run on electricity instead of gas are known as electric vehicles commonly referred to as EVs. Electric car stocks, as the name represents, are companies that produce and distribute electric cars.
5 US electric vehicle stocks to watch in November
November 04, 2022 05:41 AM PDT| By Rupam RoyHow these five EV stocks, including TSLA, NIO, and QS, among others, have performed in recent months when economic challenges dampened the overall market.
Why is Arrival (ARVL) stock gaining traction today?
September 30, 2022 05:33 AM PDT| By Rupam RoyThe stock price of Arrival (ARVL) jumped more than 19 per cent in the pre-market hours on September 30, after the company announced key updates about its first production verification vehicle.
Why is Atlis Motor Vehicles (AMV) stock rising today?
September 28, 2022 07:34 AM PDT| By Rupam RoyThe stock of AMV jumped more than 186 per cent in the morning trading on September 28, a day after the company went public through its Nasdaq listing.
Why did ChargePoint Holdings (CHPT) stock gained traction today?
August 31, 2022 07:48 AM PDT| By Rupam RoyThe CHPT stock soared more than 14 per cent on Wednesday morning, a day after the firm reported its latest quarter earnings results.
Inflation Reduction Act: Top EV stocks to explore in September
August 24, 2022 05:10 AM PDT| By Rupam RoyThe EV sector has been one of the favorite sectors for investors in recent years due to the higher demand for EVs globally.
