Is Now the Time for Kandi Tech to Capitalize on Its EV Success?
Kandi Technologies shares have been making moves over the past month, and now seems like as good a time as any for the EV maker to capitalize on the gains.
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Tesla Gets Clobbered in Consumer Reports Rating
Consumer Reports magazine is out with its latest automobile reliability rankings and Tesla just managed to stay out of last place.
EV Maker Arrival to Come Public in a SPAC Reverse Merger
Another EV maker, this one based in Europe, is coming public in the United States early next year. Arrival Group manufactures commercial vehicles and has a big U.S. customer.
Lincoln Makes the Least Reliable Cars in America
The Lincoln luxury brand was by far the biggest loser in the latest Consumer Reports rankings of the most reliable cars in America.
Like Tesla, GM Seeks Profits in the Auto Insurance Business
GM on Wednesday announced a new insurance program based on the company's OnStar system.
A New Analyst Call Adds to Tesla’s Luster
Morgan Stanley has raised its rating on Tesla from Equal Weight to Overweight and raised its price target on the stock by 50% to $540.
Ford’s New CEO Continues to Struggle With Poor Stock Price
New Ford CEO Jim Farley has struggled with a problem that has vexed most of the company's six prior chief executives.
Why Would Uber Sell Its Autonomous Driving Group?
Uber is reportedly in discussions to sell its self-driving vehicle unit to Aurora Innovation, a well-funded startup based in San Francisco. Some creative financing may be in order.
Lithium Battery Fires Spur Recall of 69,000 Chevy Bolts
GM has recalled nearly 69,000 Chevy Bolts manufactured between 2017 and 2019 to reprogram the battery control module to limit the charging capacity to 90% of the published maximum.
Short Sellers Mixed on Electric Vehicle Stocks
Short interest was mixed on electric vehicle makers in the two-week reporting period ended October 30. Short sellers also decreased their positions in two traditional carmakers.
Self-Driving Deal With Walmart Sends GM Stock to 52-Week High
Walmart and Cruise, the self-driving subsidiary of GM, have agreed to begin testing a fully autonomous vehicle to deliver products from Walmart stores to customers in Scottsdale, Arizona.
Volvo’s Big Quality Problem
Volvo had very bad news for about 54,000 owners of its cars. The driver side airbags some vehicles can rip open and push metal fragments toward the driver.
EV Maker Kandi Hits a Couple of Nasty Potholes as Sector Stumbles
Chinese carmaker Kandi has dropped about 30% of its value in the last day and a half. A private placement of $60 million in common stock gets most of the blame.
Why Electric Vehicle Stocks Continue to Soar
A Citigroup analyst on Wednesday raised his price target on one Chinese EV maker's stock and started coverage on two others. Short version: he likes what he sees.
Meet the Newest Electric Vehicle Player in the US
Kandi Tech shares jumped on Wednesday on news that the company received an update from the EPA.