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Is Rivian (RIVN) stock worth a watch as it announces job cuts?
July 28, 2022 06:16 AM PDT| By Mridul GogoiRivian has announced job cuts and the equities markets have recorded increased volatility in 2022.
TSLA to RIVN: Can these 5 EV stocks fight off inflationary pressure?
July 14, 2022 08:50 AM PDT| By Rupam RoyThe EV stocks have been trending on the market lately, as US gasoline prices hit their record level in June.
Canoo Inc. (GOEV) stock jumps 79% on Walmart’s order for 4,500 EVs
July 12, 2022 10:29 AM PDT| By Versha JainCanoo Inc. (GOEV) stock rose on Tuesday on Walmart's order of 4,500 vehicles.
Rivian (RIVN) beats estimates in second-quarter EV production
July 06, 2022 11:09 AM PDT| By Mridul GogoiEV maker Rivian increased its production in the second quarter
Tesla’s (TSLA) deliveries fall for first time in two years, may hit profits
July 05, 2022 11:25 AM PDT| By Mridul GogoiTesla fails to make deliveries of its vehicles, for the first time in two years.
TSLA to LCID: 5 EV stocks to explore in Q3 after Fed’s rate hike
June 17, 2022 05:11 PM PDT| By Rupam RoyHighlights: Tesla, Inc.’s (NASDAQ: TSLA) revenue rose 81% YoY in Q1, FY22. Nio Inc. (NYSE: NIO) revenue increased by 24% YoY in the first quarter of fiscal 2022. XPeng Inc. (NYSE: XPEV) revenue jumped 152% YoY in Q1, FY22. Electric .....
GM slashes price of its electric cars by US$6,000 to stay in the race
June 10, 2022 12:11 PM PDT| By Mridul GogoiGeneral Motors (NYSE: GM) has slashed the price of its electric vehicle models Chevrolet Bolt hatchback and Bolt EUV by about US$6000, surprising everyone. It has come when the demand is high and supplies scant, allowing dealers to charge thousands.....
Why Mullen (MULN) stock soared over 35% on Tuesday?
May 31, 2022 09:55 AM PDT| By Versha JainThe Mullen Automotive, Inc. (NASDAQ: MULN) stock jumped 35.64% to US$1.3106 at 10:40 am ET on Tuesday after announcing impressive test results from its polymer solid-state battery. The batteries are used in EVs, wearables devices, pacemakers, etc.&.....
Ford Motor (F) sued over misleading ads; to pay US$19.2 mn to US states
May 24, 2022 12:32 PM PDT| By Team Kalkine MediaHighlights: Ford Motor Co (NYSE: F) to pay US$19.2 million for false advertising claims. Ford Motor faces multi-state litigation over misleading claims about its vehicles. Ford is prohibited from making false advertising claims in the future. .....
Ford Motor Co (F) sells its Rivian (RIVN) shares worth US$214 mn
May 11, 2022 11:19 AM PDT| By Team Kalkine MediaHighlights US car giant Ford Motor Company (Nasdaq: F) sold shares of EV maker Rivian worth US$214 million. Ford is still the fourth-largest shareholder in Rivian, with 94 million shares. Rowe Price Associates Inc. is the largest shareholder i.....
Lucid Group Inc (LCID) bags 10-year Saudi contract for EVs
April 28, 2022 07:01 AM PDT| By Team Kalkine MediaHighlights Lucid Group Inc (Nasdaq: LCID) has bagged a 10-year contract from Saudi Arabia for electric cars. The company will set up a production plant in the country for vehicle deliveries. Lucid to set up a full production plant in Saudi Ara.....
Elon Musk’s Twitter deal sets off worst fall in Tesla (TSLA) stocks
April 27, 2022 07:34 AM PDT| By Team Kalkine MediaHighlights: Tesla shares witnessed a sharp fall on Tuesday after Musk’s Twitter deal. TSLA shares fell 12% to US$876.42, its highest in more than a year. Twitter shares also tanked by 3.9% on Tuesday. Tesla Inc. (TSLA) shares slid 1.....
TSLA to RIVN: 5 EV stocks to explore as world renews Earth Day pledge
April 22, 2022 06:50 AM PDT| By Rupam RoyHighlights: Tesla, Inc. (NASDAQ: TSLA) revenue surged 65% YoY in Q4, FY21. Ford Motor Company's (NYSE: F) revenue surged 7% YoY in fiscal 2021. Lucid Group, Inc. (NASDAQ: LCID) revenue was US$27.11 million in fiscal 2021. The electric veh.....
RIVN & LCID: How are these EV stocks performing amid market dip?
March 12, 2022 12:10 AM PST| By Rupam RoyHighlights Rivian Automotive, Inc. (RIVN) has warned investors that it might trim its production by half this year due to supply chain disruptions. Lucid Group, Inc. (LCID) said it is cutting production by as much as 40% due to supply issues an.....
Top EV stocks: TSLA, RIVN and 3 others worth exploring in March
March 06, 2022 12:00 AM PST| By Rupam RoyHighlights Tesla, Inc. (NASDAQ: TSLA) gave a return of over 35% in the past 12 months. Ford Motor Company's (NYSE: F) stock gained more than 47% in a year. Chinese EV-maker NIO Inc. (NYSE: NIO) delivered 6,131 vehicles in February. The EV.....
From RIVN to TSLA: top 7 to watch as EV stocks brave global selloff
February 15, 2022 01:54 PM PST| By Rupam RoyThe EV stocks are braving the industry challenges and refusing to fall in the face of a global selloff. So, what is helping them hold steady while the mega-cap stocks faltered. Most growth stocks might be going through a correction after their craz.....
Blink Charging (BLNK) to supply EV chargers to GM stores, stock up 7%
January 18, 2022 12:22 PM PST| By Versha JainHighlights On Tuesday, Blink Charging Co. (NASDAQ: BLNK) said it would supply EV chargers to General Motors (GM) dealerships in the US and Canada. The company has deployed more than 30,000 charging ports to date. Blink Charging has a presence i.....
Why is Tesla’s (TSLA) stock trending in pre-market trading?
January 11, 2022 05:07 AM PST| By Rupam RoyHighlights Tesla sold over 70,000 China-made vehicles in December It was the most since it started manufacturing its vehicles in Shanghai in 2019 Passenger vehicles sales totaled 2.14 million in China in December 2021 The stocks of US EV .....
Top EV stocks to explore after robust vehicle deliveries
January 03, 2022 12:20 PM PST| By Rupam RoyHighlights Tesla delivered 936,172 vehicles in 2021. NIO Inc. (NYSE: NIO) delivered 91,429 vehicles. XPeng Inc. (NYSE: XPEV) delivered 98,155 vehicles in 2021. Electric vehicle companies saw robust sales in 2021, driven by strong demand a.....
Why TuSimple Holdings (TSP) stock crashed today?
December 29, 2021 12:44 PM PST| By Rupam RoyHighlights TuSimple has completed testing of its autonomous semi-truck on public roads. The test drive was completed without any human intervention. The test took place on Dec 22. TuSimple Holdings Inc. (NASDAQ: TSP) stock plunged over 10.....