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Automobile
GM sees sharp fall in Q3 revenue, upbeat on full-year results
October 28, 2021 01:54 AM AEDT | By Sanjeeb BaruahHighlights GM’s revenue dropped to US$26.8 billion in the quarter from US$35.5 billion a year ago. At the same time, profit declined to US$...
Tesla (TSLA) beats Q3 revenue estimates, boosted strong China sales
October 21, 2021 02:29 PM AEDT | By Ipsita SarkarHighlights Tesla Inc’s (TSLA) revenue rose to US$13.76 billion in the third quarter, beating estimates. Tesla said it sold more Model 3 and...
General Motors (GM), Avis Budget (CAR) stocks rise on upbeat busines...
October 09, 2021 06:47 AM AEDT | By Ipsita SarkarStocks of General Motors Company (NYSE: GM) and Avis Budget Group, Inc. (NASDAQ: CAR) rose 3% and 8%, respectively, in intraday trading on Friday. Th...
Cheap EV stocks to explore in the fourth quarter of 2021
October 07, 2021 07:45 AM AEDT | By Ipsita SarkarHighlights Ford Motor Company’s (NYSE: F) revenue increased by 38 percent YoY in Q2, FY21. Fisker Inc’s (NYSE: FSR) revenue was US$27...
Why are XPeng Inc (XPEV), NIO Inc. (NIO) stocks gaining attention to...
October 02, 2021 04:16 AM AEST | By Sanjeeb BaruahHighlights XPeng Inc. (NYSE: XPEV) delivered 10,412 vehicles in September. NIO Inc. (NYSE: NIO) delivered 10,628 vehicles globally in September....
Lordstown (RIDE) stock up 8% after plans to sell Ohio plant to Foxco...
October 01, 2021 08:38 AM AEST | By Sanjeeb BaruahHighlights Lordstown Motors Corp. (NASDAQ: RIDE) is set to sell its Ohio assembly plant to Taiwanese phone maker Foxconn Technology Group. Lordst...
LCID stock rises on Lucid Air delivery, HYZN shares tank after charg...
September 30, 2021 04:03 AM AEST | By Sanjeeb BaruahHighlights Lucid Group Inc (Nasdaq: LCID) stocks jumped 10.18% on Sep 29 after it announced the launch of a sedan car. The company will start del...
Ford (F), Toyota (TM) stocks in focus after positive business update
September 29, 2021 02:50 AM AEST | By Sanjeeb BaruahHighlights Ford Motor Company (NYSE: F) and its Korean battery partner SK Innovation to invest US$11.4 billion to build a mega assembly plant and t...
Why are Tesla Inc (TSLA) & Rivian Inc catching the eyes of investors...
September 28, 2021 03:03 AM AEST | By Ipsita SarkarHighlights Tesla Inc (Nasdaq: TSLA) stocks soared on Monday after the company launched a software update of its FSD beta last week. The FSD beta...
Eight hot stocks to consider in a booming EV market
August 24, 2021 09:42 AM AEST | By Team Kalkine MediaHighlights Tesla, Inc. (NASDAQ: TSLA) has a P/E ratio of 368.88. The stock closed at US$680.26 on Aug 20. NIO Inc. (NYSE: NIO) delivered 21,896 in...
Uber, Lyft stocks in focus after court strikes down California rulin...
August 24, 2021 02:36 AM AEST | By Sanjeeb BaruahStocks of Uber Technologies, Inc. (NYSE: UBER) and Lyft, Inc. (NASDAQ: LYFT) were in focus on Monday after a California judge ruled that Proposit...
Six auto stocks to explore as the industry heralds a green era
August 14, 2021 05:11 AM AEST | By Team Kalkine MediaHighlights Ferrari’s (NYSE: RACE) net income in Q2, 2021, was US$205.8 million against US$8.9 million in Q2, 2020. Ford Motor Company’...
Can these 5 green EV stocks be the blue chips of future?
August 12, 2021 03:16 AM AEST | By Team Kalkine MediaThe electric vehicle market has been in high spirits since President Joe Biden signed an executive order last week to boost EV sales by at least half...
Why did Kaixin Auto (KXIN), Carvana (CVNA) stocks rally on Friday?
August 07, 2021 05:40 AM AEST | By Team Kalkine MediaSummary Kaixin Auto popped more than 50 percent, while Carvana rose 3 percent on Friday. Chinese car dealer Kaixin will establish a new business u...
Which are the popular auto stocks to explore in August?
August 06, 2021 06:59 AM AEST | By Kiran MuraliSummary The auto industry is recovering at a faster pace from the impact of the pandemic last year. However, the automakers are now grappling with...
Earnings Alert: General Motors (GM), Honda Motor (HMC) net income so...
August 05, 2021 04:45 AM AEST | By Team Kalkine MediaSummary General Motors Company (NYSE: GM) reported revenue of US$34.2 billion in Q2, 2021. The Michigan-headquartered company’s net income i...
Back with a bang! Nio, Xpeng & Li stocks ride high on July delivery
August 03, 2021 04:24 AM AEST | By Team Kalkine MediaSummary NIO Inc’s (NYSE: NIO) cumulative delivery of vehicles reached 125,528 as of July 31, 2021. The stock gave a 229% return in one year....
EV carmaker Lucid makes NASDAQ debut, stock jumps as much as 19%
July 27, 2021 10:45 AM AEST | By Team Kalkine MediaSummary In 2018, Saudi Arabia's Public Investment Fund (PIF) had invested over US$1 billion in Lucid. Now, Lucid’s US listing has come as a h...
Six rising EV stocks to watch as industry navigates energy transitio...
July 27, 2021 03:13 AM AEST | By Team Kalkine MediaSummary Lordstown Motors Corp (Nasdaq: RIDE) reported a net loss of US$125 million in Q1, 2021. Fisker Inc (NYSE: FSR) has a market cap of US$4.7...
Why were these three Chinese auto stocks trending Wednesday?
July 22, 2021 08:42 AM AEST | By Team Kalkine MediaSummary NIO Inc. (NYSE: NIO) delivered 20,060 vehicles in Q1 of FY 2021. The stock was up 6.09% on Wednesday. XPeng Inc. (NYSE: XPEV) stock w...
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