Electric vehicle startup Lucid Motors will open a showroom at Tysons Corner Center in Virginia on Saturday. Electric vehicle startup Lucid Motors will open a showroom at Tysons Corner Center in Virginia on Nov. 6. (Courtesy Lucid Motors) Electric vehicle startup Lucid Motors will open a showroom at Tysons Corner […]
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For Immediate Release Chicago, IL – November 1, 2021 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Tesla, Inc. TSLA, […]
Chinese electric vehicle startup Neta Automobile reported a 5.3% rise in deliveries to 8,107 units in October, compared to a month ago, cnEVpost reported citing the company. What Happened: Neta Automobile, backed by Chinese cybersecurity firm Qihoo 360, reported a 294% increase in deliveries on a year-over-year basis. The startup […]
German EV startup Sono Motors has confirmed that it now has 15,000 reservations for its flagship Sion solar electric vehicle (SEV). Accounting for an average down payment of $3,300, Sono Motors is currently valuing its total orders at $385 million from consumers throughout Europe. The company also shared details of […]
Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said on Saturday the electric automaker plans to start rolling off cars from the production lines at its new Giga Berlin as early as next month, Reuters reported Sunday, citing a live-streamed event from the plant site. What Happened: Musk told the audience that achieving […]
What happened General Motors (NYSE:GM) shocked the electric cars market this week when it made an electrifying prediction: By 2030, GM intends to double its annual revenue from $140 billion today to roughly $280 billion, and grow its operating profit margin on that revenue to a range of 12% to […]
British company is converting classic cars to EVs by using electric motors and batteries from crashed Teslas and other electric vehicles. With the world slowly shifting towards eco-friendly fuels, a startup in London is converting vintage and classic cars to electric by using recycled Tesla and Nissan motors. It is understood […]
iPhone assembler Foxconn is buying an automotive factory from struggling EV startup Lordstown Motors for around $230 million, the companies announced late Thursday. Foxconn says it has agreed to build Lordstown Motors’ electric pickup truck at the plant, which is where General Motors used to make the Chevrolet Cruze, and […]
For Immediate Release Chicago, IL – September 27, 2021 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Toyota Motor Corporation […]
The Lucid Motors IPO debuted on July 26, as Churchill Capital Corp. IV took the luxury electric-vehicle leader public in a highly anticipated IPO. Is Lucid Motors stock a buy right now after the IPO? X Lucid Motors Stock IPO In February, Churchill Capital IV — a special-purpose acquisition company (SPAC) […]