US Tax Credit Could Rev Up Electric Vehicle Production In Canada
Canadian car makers breathed a sigh of relief last week when US lawmakers decided to scrap part of a large incentive package for electric vehicles (EVs) that originally excluded EVs assembled in Canada from a ... [Read]
New Infrastructure Bill Bolsters Growing Electric Vehicle Manufacturing Market
The global economy is starting to make serious movements away from fossil fuels, and the single largest consumer of fossil fuels is transportation. Electric vehicles, or EVs, have become the answer to growing environmental concerns, ... [Read]
Are Lithium Stocks Worth Watching? Here’s One to Look At
The United States has more untapped lithium than economically mined reserves at this point According to USGS Mineral Commodity Specialist Brian Jaskula. He said this in 2017. What’s Lithium Investing Landscape like now? Standard Lithium ... [Read]
Growing Environmental Consciousness Driving Innovations In The Electric Vehicles Sector
The global renewable energy market, which was estimated at $980 billion in 2017, is expected to reach a stunning $1.5 trillion by 2025. The demand for sustainable and clean energy sources fueled by environmental concerns ... [Read]
WKHS Stock Soars After Reaching a $41 Million Financing Deal
WKHS stock is moving up sharply on Friday after Workhorse Group Inc (NASDAQ:WKHS) said that it has entered into a $41 million financing agreement with an institutional lender. Major Boost One of the companies that ... [Read]
NIO Stock Drops on Industry Association Sales Forecast
NIO stock is in the red this week after the China Association of Automobile Manufacturers (CAAM) published new data that indicated a year-over-year decline in sales of electric vehicles (EV). Slumping Sales Sink NIO Stock NIO ... [Read]
NIO Stock Soars on Upbeat October Deliveries: What Next?
NIO stock is posting one of its biggest one-day gains in the recent months after NIO Inc (NYSE:NIO) reported a 25.10% jump in October deliveries. Short-Term Relief? It is now a well-known fact that the ... [Read]
NIO Stock Slumps After CFO Resignation: What to Expect Now
NIO stock tumbles 5% after NIO Inc (NYSE:NIO) announced that CFO Louis T. Hsieh resigned from the company for personal reasons, effective October 30, 2019. Another Setback for NIO While it is true that electric ... [Read]
NIO Stock Takes a Hit Amid Growing Pessimism: What to Expect Next?
NIO stock has been witnessing a heavy selling pressure since early March due to lingering uncertainty. Let’s analyze the key drivers for NIO Inc (NYSE:NIO). Analysts are Still Bearish Last year, Chinese electric vehicle manufacturer ... [Read]
NIO Stock Resumes Downtrend: Funding for New Factory Called Off
Chinese electric vehicle maker NIO Inc (NYSE:NIO) has been in the middle of immense trouble for much of the year, and it is no surprise that NIO stock has suffered considerably throughout 2019. Another Setback ... [Read]