General Motors plants
General Motors shares fell 3.5% on Thursday after the company said temporary production stoppages at its plants in North America, Canada and Mexico would continue due to a chip shortage, leading&nb...
Best time to buy Uber shares
Uber shares are trading at a lower price today than on the first day of trading. However, investors have four strong arguments for buying Uber stock right now to take advantage of the lower price.
Uber (UBER) shares are...
Xpeng plants
Shares in Xpeng (XPEV) rose following news of the company's plans to double its production capacity from 100,000 to 200,000 electric cars a year to increase competition with Li Auto, Nio and Tesla in C...
Fall after company report
Shares in Lucid Motors (LCID) continued to decline on Tuesday after the electric car start-up, led by former Tesla chief technology officer, reported its quarterly results. Investors and analysts are finding it difficult to...
US highway department investigation
The US National Highway Traffic Safety Administration (NHTSA) has launched a formal investigation into Tesla's autopilot system after another accident involving it.
Tesla (TSLA) shares fell 4.3% on Monday after t...
Revenues and deliveries
Nio released its second-quarter financial report on Wednesday, announcing an expansion of production capacity and plans to launch three new electric vehicles in 2022.
Chinese electric car maker Nio (...
Tesla sales in China
Sales figures for Tesla vehicles (TSLA) produced in China in July showed a decline compared to June. Most of them are related to exports, with Tesla sale...
Livent's shares after report
Livent (LTHM) shares rose 8.6% on Friday after the lithium producer raised its full-year earnings and revenue guidance. Livent is expanding its production capacity in the U.S. and ...
Uber's business
Uber shares fell after the report, repeating the trajectory of its smaller rival Lyft. Despite the good quarterly results, investors saw warning signs for the profitability of Uber's business.
Uber Technologies (UBER) posted higher ...
Losses and plant closures
General Motors reported strong second-quarter results thanks to strong price increases for its pick-up trucks. However, the loss of $800m on the recall of nearly 69,000 Chevrolet Bolt EVs and the closure of GM factories due...
Nikola's shares
Hydrogen-fuelled truck start-up Nikola reported its quarterly results on Tuesday, posting a loss and halving its year-end delivery forecast to just 25-50 units.
Nikola (NKLA) is a developer and manufacturer of zero-emission battery-...
Revenue growth
Lyft continues to recover from the pandemic, posting quarterly revenue growth of 125% and pre-tax profits. Despite a new increase in illness and concerns about the Delta strain "July was Lyft's best month since March 2020".
Shares in...
Deliveries for July
Shares in Li Auto and Xpeng rose 8.9% and 6.4%, respectively, ahead of the companies' delivery reports. Chinese start-up Li Auto reported another record delivery of its Li ONE&nbs...
Trading on NASDAQ
Shares in Lucid Motors rose 10.6 per cent on Monday in its first day of trading on the NASDAQ exchange. The company has become the fourth most valuable electric car m...
Company profits and chip shortages
Tesla expectedly beat Wall Street estimates for second-quarter earnings and revenue. However, due to battery material shortages and a shortage of chips, Tesla will not b...
Electric car production
By 2022, Mercedes-Benz expects to have battery electric vehicles (BEVs) in all the segments it serves. Starting in 2025, all new models will be electric only, for which the company will create three new platforms in 2025, des...
Lucid Motors' exit to the stock exchange
Electric car maker Lucid Motors was about to go public on the New York Stock Exchange through a merger with SPAC company Churchill Capital Corp IV. However, some of Churchill Capital's shareholders declined t...
Stations for electric cars
Tesla shares have not reacted to news of the opening of Tesla Supercharger stations for other electric vehicles, but analysts are welcoming the move. Tesla has struck a nickel supply deal with...
Entering new markets
Investors in General Motors are now assessing the pace of the company's transition to electric vehicles and the chances of competition. But GM shares can get a boost not only from successes in the electric car market, but also i...
Record sales
Shares of Nio and Xpeng Motors rose on reports of higher sales of their electric vehicles in June than in May, as well as strong second-quarter delivery totals for the full second quarter, despite a global&...
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