EV

Another week, another milestone on the EV journey. Tesla Inc (NASDAQ: TSLA) took an interesting turn by including advertising in its strategy. A disruptive automotive parts player, Worksport Ltd (NASDAQ: WKSP) made another important step towards launching its promising solar-powered equipment....

Key Takeaways: Total auto financing facilitated by Yixin in the first quarter increased 8%, as China’s passenger vehicle sales fell about 1% during the period Despite a weak overall China car market, Yixin benefitted from relatively strong demand for electric vehicles driven by a government...

Amazon.com Inc (NASDAQ: AMZN)-backed EV startup Rivian Automotive Inc (NASDAQ: RIVN) posted a better-than-expected loss, showing that it is in a slightly more favorable position compared to its EV startup peers such as Nikola Corporation (NASDAQ: NKLA). However, an automotive parts player who...

Key Takeaways: Leapmotor delivered 10,509 vehicles in the first quarter, down 51.3% year-on-year, as growth in China’s NEV market slowed sharply The company’s gross margin improved notably during the quarter on rising prices for its vehicles By Doug Young The latest quarterly...

Volkswagen AG (OTC: VWAGY) reported a drop in first-quarter profit owed to weaker sales in China and supply shortages, reaffirming the need for the Europe’s largest carmaker to speed up its EV transition if it wants to catch up to its rivals. Meanwhile, a renown tonneau cover manufacturer...

On May 2nd, the legendary automaker Ford Motor (NYSE: F) reported stellar first quarter results as it ramps up EV production, a week after its Detroit peer General Motors (NYSE: GM) did the same while also raising its 2023 guidance. Today, a disruptive EV player whose revolutionary tonneau covers...

Fatih Barol, executive director of the International Energy Association (IEA), is cautioning OPEC countries that efforts to raise oil prices could have a detrimental effect on global growth and risks accelerating the transition to renewable energy. "They have to be very careful,...

The world will gain another insight into how is the EV future shaping up on March 30th during the Electric Vehicle & Auto Tech Virtual Online Conference which will be presented by Maxim Group and hosted by M-Vest. The conference will cover a range of aspects of the upcoming all-electric...

In 2017, Tesla Inc. (NASDAQ: TSLA) didn’t quite have the same pull it does today.  The stock was heavily shorted, analysts were almost certain it would fail and even CEO Elon Musk wasn’t certain of the company’s future. The company was bleeding money and running on pipe...

Tesla Inc. has been largely credited with the modern mainstream push toward the electrification of vehicles — a trend that has quickly gained traction in dozens of other corners of society.  From the increased prominence of micro-mobility scooters to self-driving food delivery drones,...

On March 13th, luxury automaker Porsche Automobile Holding (OTC: POAHY) issued an ambitious growth outlook after record 2022 earnings. Meanwhile, in the all-EV world, XPeng Inc (NYSE: XPEV) wrapped up a disappointing year on March 17th. Put together, these two reports amplify...

For many drivers, cost savings is the No. 1 reason to ditch their gas-powered vehicle in exchange for an electric model.  Even though electric vehicles (EVs) are generally priced higher than their gas counterparts, they provide the opportunity to save money in the long run. That’s why...

In August, California passed a law to phase out gas-powered cars and trucks by 2035. Now it’s taking aim at millions of lawn mowers in the Golden State.  California, the world’s fourth-biggest economy and home to 39.4 million people, is set to ban the sale of gas-powered lawn...

On Tuesday, shares of Rivian Automobile Inc (NASDAQ: RIVN) fell as EV maker revealed late Monday it is looking to raise $1.3 billion in cash via a sale of convertible notes amid growing demand concerns. Its latest earnings report showed a mixed fourth quarter and concerning EV production outlook,...

Tesla Inc. has been largely credited with the modern mainstream push toward the electrification of vehicles — a trend that has quickly gained traction in dozens of other corners of society.  From the increased prominence of micro-mobility scooters to self-driving food delivery drones,...