Why is Rivian Automotive Inc on investors’ radar?

• June 08, 2021 01:17 PM PDT
• Kiran Murali

Automakers around the world saw their sales dip immediately after the coronavirus outbreak. However, the sales are now gradually recovering, and the companies remain optimistic in their numbers this year despite supply chain bottlenecks and semicondu...

• June 08, 2021 11:38 AM PDT
• Team Kalkine Media

Summary Nikola builds battery- and hydrogen-powered commercial and off-road sports vehicles. Workhorse stock gained 276% over the last year; it also specializes in EVs and offers solutions for various cloud-based monitoring systems. Fisker par...

• June 07, 2021 09:59 AM PDT
• Team Kalkine Media

The shares of American auto giant Ford Motor Company (F) have been among the most active stocks in the stock market these days. Its 10-day, 30-day, and 50-day average trading volume had been about 157 million, 97 million, and 79 million, respectiv...

• June 03, 2021 06:03 PM PDT
• Kiran Murali

Summary GM expects first-half results to be significantly better than its previous estimate. Ford, which saw record electric vehicle sales in May, plans to unveil a new pickup. Stocks of General Motors Company (NYSE: GM) gained more than 6...

• May 31, 2021 12:06 AM PDT
• Kiran Murali

Stocks of electric vehicle (EV) makers have been on the investor’s radar for some time. The market is rapidly expanding, with major economies planning to phase out combustion engines soon. The global electric vehicle market has continued its ...

• May 25, 2021 03:31 PM PDT
• Kiran Murali

Summary Lordstown Motors stock fell as much as 18 percent on Tuesday after the company said it would limit production of electric pickup truck Endurance. Nikola granted performance-based stock awards totaling US$566.7 million to its five execut...

• May 21, 2021 08:16 PM PDT
• Kiran Murali

Summary Ford partnered with SK Innovation for a battery joint venture in the U.S. The will jointly produce battery cells and components for Ford EVs. Ford unveiled its news all-electric F-150 pickup truck. Ford Motor Company (NYSE: F) sto...

• May 04, 2021 01:46 PM PDT
• Team Kalkine Media

Summary Car-rental company Hertz Global received a revised proposal to fund its exit from Chapter 11 bankruptcy. New Jersey-based Avis Budget reported a net loss for the first quarter of 2021. Car-rental companies Avis Budget Group, Inc. (...

• April 28, 2021 06:18 PM PDT
• Team Kalkine Media

Summary Shares of CarMax has grown 42 percent this year and rallied its 52 weeks high in March. AutoNation’s stock gained 46 percent year to date while its revenue rose 27 percent in the first quarter. Share of Michigan-based automotive ...

• April 16, 2021 06:23 PM PDT
• Team Kalkine Media

Source: P5h, Shutterstock Summary The second Ultium battery cell plant coming up at Spring Hill, Tennessee, will open in late 2023. The facility will supply battery cell to the assembly plant in Spring Hill, which will produce Cadillac Lyriq. ...