Automobile

Uber, Lyft stocks in focus after court strikes down California rulin...
August 23, 2021 09:36 AM PDT | 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 13, 2021 12:11 PM PDT | 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 11, 2021 10:16 AM PDT | 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 06, 2021 12:40 PM PDT | 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 05, 2021 01:59 PM PDT | 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 04, 2021 11:45 AM PDT | 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 02, 2021 11:24 AM PDT | 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 26, 2021 05:45 PM PDT | 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 26, 2021 10:13 AM PDT | 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 21, 2021 03:42 PM PDT | 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...

Tesla Inc. CEO Elon Musk was on Monday scheduled to testify in the Chancery Court in Delaware against the allegation of wrongful acquisition of SolarC...

Is Rimac publicly traded? How to buy the EV makers' stock?
July 06, 2021 11:47 AM PDT | By Team Kalkine MediaSummary Rimac Automobili started from a garage in 2009, is a Croatian EV maker startup. Rimac and Porsche AG announced on Monday to start a joint...

XPeng Inc (XPEV) and NIO Inc (NIO): 2 trending Chinese EV stocks
July 01, 2021 04:24 PM PDT | By Kiran MuraliSummary XPeng and NIO stocks are up in the pre-market trading. XPeng posted a record second-quarter deliveries of 17,398 vehicles. NIO delivered...

XPeng Inc (XPEV) and NIO Inc (NIO): 2 trending Chinese EV stocks
July 01, 2021 06:50 AM PDT | By Kiran MuraliXPeng Inc. (NYSE: XPEV) and NIO Inc. (NYSE: NIO) stocks jumped in the pre-market trading after the Chinese electric vehicle makers repo...

Five used car stocks to consider amid a red-hot auto market
June 29, 2021 12:38 PM PDT | By Team Kalkine MediaSummary Group 1 Automotive (NYSE: GPI) stock rose 134% in the past year with revenue and net income growth. Carvana Co. (NYSE: CVNA) retail sales...

Why is Rivian Automotive Inc on investors’ radar?
June 18, 2021 11:15 AM PDT | By Team Kalkine MediaSummary Rivian has raised around US$8 billion since 2019. Last year, it raised US$700 million from Amazon. Ford Co invested US$500 million in April...

10 hot EV stocks to explore this summer
June 15, 2021 11:43 AM PDT | By Team Kalkine MediaSummary Tesla In.’s expenditure on research and development increased by 106% YoY to US$666 million in the quarter ended March 31, 2021. In...

Electric vehicle is the buzzword these days as almost all companies, big or small, are tapping into the EV market and helping support the global effor...

Lordstown Motors stock tanks as CEO, CFO step down
June 14, 2021 04:53 PM PDT | By Team Kalkine MediaSummary CEO Steve Burns and CFO Julio Rodriguez have stepped down. A probe found some issues related to pre-orders. Lordstown has flagged concern...

Which Are The Top 10 Automakers Listed In US?
June 08, 2021 01:17 PM PDT | By Kiran MuraliAutomakers around the world saw their sales dip immediately after the coronavirus outbreak. However, the sales are now gradually recovering, and the c...