Automobile Stocks

Why is Arrival (ARVL) stock gaining traction today?

  • September 30, 2022 05:33 AM PDT | Rupam Roy
 Why is Arrival (ARVL) stock gaining traction today?

The 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.

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Six auto stocks to explore as the industry heralds a green era

Six auto stocks to explore as the industry heralds a green era

Highlights 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’s (NYSE: F) total revenue in Q2 was US$26.7 billion against US$19.3 billion in Q2 the previous yea...

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Can these 5 green EV stocks be the blue chips of future? 

Can these 5 green EV stocks be the blue chips of future? 

The 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 of all new cars sold in the US by 2030. Following the order, stocks of electric vehicle makers and...

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Why did Kaixin Auto (KXIN), Carvana (CVNA) stocks rally on Friday?

Why did Kaixin Auto (KXIN), Carvana (CVNA) stocks rally on Friday?

Summary Kaixin Auto popped more than 50 percent, while Carvana rose 3 percent on Friday. Chinese car dealer Kaixin will establish a new business unit for electric vehicles. Carvana swung to profit in the second quarter as revenue almost triple...

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Which are the popular auto stocks to explore in August?

Which are the popular auto stocks to explore in August?

Summary The auto industry is recovering at a faster pace from the impact of the pandemic last year. However, the automakers are now grappling with the shortage of semiconductors. Electric vehicle maker Tesla is the largest automaker in market ...

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Earnings Alert: General Motors (GM), Honda Motor (HMC) net income soars

Earnings Alert: General Motors (GM), Honda Motor (HMC) net income soars

Summary General Motors Company (NYSE: GM) reported revenue of US$34.2 billion in Q2, 2021. The Michigan-headquartered company’s net income increased to US$2.8 billion in the period. Honda Motor Company Ltd (NYSE: HMC) net income rose to ...

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Back with a bang! Nio, Xpeng & Li stocks ride high on July delivery

Back with a bang! Nio, Xpeng & Li stocks ride high on July delivery

Summary 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. XPeng Inc’s (NYSE: XPEV) P7 model got a 5-star safety rating for EVs in China. Its stock ga...

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EV carmaker Lucid makes NASDAQ debut, stock jumps as much as 19%

EV carmaker Lucid makes NASDAQ debut, stock jumps as much as 19%

Summary 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 huge dividend for the Arab company. Besides PIF, BlackRock (BLK) and some other companies also hav...

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Six rising EV stocks to watch as industry navigates energy transition

Six rising EV stocks to watch as industry navigates energy transition

Summary 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 billion. NIO Inc.’s (NYSE: NIO) total revenue surged to US7.9 billion in Q1, 2021. Ele...

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Why were these three Chinese auto stocks trending Wednesday?

Why were these three Chinese auto stocks trending Wednesday?

Summary 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 was up 7.26% on Wednesday. It priced its new smart sedan-P5 price range at RMB 160,000-230,000. Li...

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Can we buy SolarCity Stock?

Can we buy SolarCity Stock?

Tesla Inc. CEO Elon Musk was on Monday scheduled to testify in the Chancery Court in Delaware against the allegation of wrongful acquisition of SolarCity Corporation by the company in 2016. Tesla had acquired SolarCity Corp in November 2016. Follo...

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