electric cars

Chinese carmakers BYD Co. Ltd. (OTC:BYDDY) (OTC:BYDDF) and Chery Automobile are accelerating overseas sales as they seek higher profits outside a slowing home market and benefit from rising global demand for electric vehicles. Chery Overseas Sales Outpace Home Market Chery, China's largest vehicle...

Editor’s note: This story has been updated to correct the year for Stellantis’ free cash flow target. Stellantis (NYSE:STLA) announced a new five-year strategic plan on Thursday, committing to a €60 billion ($69.7 billion) investment. CEO Antonio Filosa announced at the automaker...

Shares of Contemporary Amperex Technology Ltd. (CATL) saw nearly 8% drop on Tuesday in the Hong Kong market after the Chinese battery maker disclosed a HK$39.2 billion (about $5 billion) equity offering. The company intends to raise the funds via a private placement in response to the company...

Rivian Automotive (NASDAQ:RIVN) and Redwood Materials have announced a partnership to establish a state-of-the-art battery energy storage system at Rivian’s manufacturing facility in Normal, Illinois. The system, built using more than 100 repurposed Rivian battery packs, will...

The Direxion Daily TSLA Bull 2X Shares ETF (NASDAQ:TSLL) faced heavy selling pressure on Monday, with prices down 6.6% as investors reacted to Tesla Inc‘s (NASDAQ:TSLA) weak share price. The leveraged ETF, designed to deliver twice the daily return of Tesla shares, tends to magnify both gains...

Lucid Group (NASDAQ:LCID) shares are down on Thursday. The company outlined its upcoming Midsize EV platform and announced new recurring revenue streams during its investor day. • Lucid Group stock is showing notable weakness. Why are LCID shares down? Lucid outlined a multifaceted path to...

Rivian Automotive Inc (NASDAQ:RIVN) shares are moving higher in Tuesday’s after-hours session after the company announced the launch of its joint venture with Volkswagen Group. What Happened: Rivian and Volkswagen entered into a transaction agreement to create a new joint venture called...

Nissan Motor Co Ltd (OTC:NSANY) (OTC:NSANF) revised its financial forecast, first made on Feb. 8, 2024, for the full fiscal year ending March 31, 2024. The carmaker slashed its annual operating profit forecast to 530 billion yen ($3,428,268,430) from the previous guidance of 620 billion yen ($4,010...

Fisker Inc. (NYSE:FSR) shares are falling after hours Wednesday following a Wall Street Journal report suggesting the company is preparing for a possible bankruptcy filing. The Details: According to the report, Fisker is considering a potential bankruptcy filing and has hired restructuring advisers...

U.S.-based electric vehicle manufacturer Rivian Automotive Inc (NASDAQ:RIVN) will report third-quarter (Q3) earnings on Nov. 7 after market hours. The Street expects the company to report a negative $1.33 in EPS and $1.31 billion in revenue for the quarter. Business & Financials: A lot of the...

Tucker Carlson interviewed Ex-President Donald Trump even as GOP presidential candidates held their first debate on Fox News. The interview was conducted at Trump's golf course in Bedminster, New Jersey and was pre-recorded and released on Elon Musk-owned X, formerly Twitter, five minutes ahead...

The stock market faced a challenging day, with shares trading lower amid a weakened macroeconomic sentiment. Concerns arose from recent Chinese economic data and a warning from Fitch, suggesting potential downgrades for additional banks. However, these concerns were somewhat offset by strong US...

Tesla Inc (NASDAQ: TSLA) was plunging more than 8% on Thursday, receiving a bearish reaction to its second-quarter financials, despite beating expectations. Several analysts weighed in on the stock following the earnings print with four firms raising their price targets, according to data...

General Motors Co (NYSE: GM) CEO Mary Barra and Tesla Inc (NASDAQ: TSLA) Elon Musk revealed Thursday afternoon during a Twitter Spaces their companies' collaborative efforts toward a unified North American charging standard for electric vehicles. "This is the most exciting time...

Ford Motor Company (NYSE: F) confirmed a significant price cut for its Mustang Mach-E SUV, just as rival Tesla Inc (NASDAQ: TSLA) increased prices in the highly competitive electric vehicle market. The news comes as Ford is set to reopen Mach-E orders following a major factory...