- September 28, 2022 07:34 AM PDT
- Rupam Roy
- August 24, 2022 05:10 AM PDT
- Rupam Roy
Polestar 5 sedan reveals production timeline, up against Tesla, Lucid
- November 26, 2021 10:11 AM PST | Versha Jain
Highlights Polestar plans to launch its electric sedan Polestar 5 to compete against the likes of Lucid and Rivian. Polestar Automotive is owned by Geely. Polestar, a spin-off from Volvo in 2016, was founded as a premium EV maker in 2017. ...Read More...
Sono, Rivian & Canoo: Which firms are leading the EV market race?
- November 17, 2021 03:44 PM PST | Versha Jain
Highlights Sono Group N.V. (NASDAQ: SEV) skyrocketed in its stock market debut on Wednesday. Canoo announced plans to relocate its headquarters. Rivian Automotive, Inc. (NASDAQ: RIVN) manufactured 12 R1T vehicles and delivered 11 vehicles as o...Read More...
Canoo stock (GOEV) rally continues; Should you explore it?
- November 17, 2021 11:38 AM PST | Versha Jain
Highlights The cash and equivalents increased to US$414 million for nine months ended September 30, 2021, against US$148 million in the same period a year ago. The stock fell 24.28% YTD but rose 30.30% month-to-date. Canoo Inc. (NASDAQ: G...Read More...
Lucid (LCID) gains traction after sedan rollout: Is it worth exploring?
- November 16, 2021 08:42 AM PST | Ipsita Sarkar
Highlights Lucid Group, Inc. (NASDAQ: LCID) revenue was US$232,000 in Q3, FY21. The company sets a vehicle production target of 20,000 units in 2022. Air Sedan bookings rose to more than 17000 from 13000 in Q3, FY21. Lucid Group, Inc. (NA...Read More...
EV-maker Rivian (RIVN) raises US$11.9 bn in IPO: How to buy the stock?
- November 10, 2021 09:35 AM PST | Team Kalkine Media
Highlights Rivian’s first electric pickup truck, R1T, was delivered to clients a couple of months ago. Rivian’s IPO is the sixth-largest listing of all time in a US exchange. The Irvine, California-headquartered Rivian is on trac...Read More...
NIO sees record revenue growth in Q3 on strong vehicle deliveries
- November 09, 2021 04:11 PM PST | Sanjeeb Baruah
Highlights NIO’s total revenues were RMB 9,805.3 million or US$1,521.8 million in the quarter, an increase of 116.6% from the same period a year ago. NIO’s vehicle sales were RMB 8,636.8 million or US$1,340.4 million in the quarter...Read More...
Top EV stocks to explore as nations set emissions reduction target
- November 04, 2021 08:22 AM PDT | Ipsita Sarkar
The electric vehicle industry received a major boost after the UN conference of parties or COP26 recently set new targets for pollution reduction. The countries aim to reduce greenhouse gas emissions by 30% from the 2020 levels. The COP26 summit in ...Read More...
Lucid, Rivian start delivery of much-awaited inaugural EV models
- November 01, 2021 04:19 PM PDT | Sanjeeb Baruah
Electric vehicle makers Rivian Automotive and Lucid Group Inc. (NASDAQ: LCID) have delivered their much-awaited inaugural EV models to customers over the weekend as they make market debut. California-based Lucid delivered its Lucid Air sedans on S...Read More...
Top EV stocks to watch as White House mulls tax credit
- November 01, 2021 02:06 PM PDT | Ipsita Sarkar
The EV market is one of the sectors that investors have been keeping a close watch on lately. Earlier this year, President Joe Biden had set a target to make half of all automobiles sold by 2030 energy vehicles. In addition, his administration ha...Read More...
GM sees sharp fall in Q3 revenue, upbeat on full-year results
- October 27, 2021 07:54 AM PDT | Sanjeeb Baruah
Highlights 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$2.4 billion from US$4.0 billion in the comparable quarter a year earlier. In a letter to sharehol...Read More...