Electric Carmaker Xpeng’s IPO Jumps 54%
Chinese electric vehicle maker Xpeng completed its IPO on Thursday with shares priced at $15 (above the expected range) and investors getting a nice 54% premium to that price as well.
Chinese electric vehicle maker Xpeng completed its IPO on Thursday with shares priced at $15 (above the expected range) and investors getting a nice 54% premium to that price as well.
U.S. new vehicle sales are expected to improve in August compared with July's reported sales, but the annual outlook remains far below 2019 totals.
Electric vehicle maker Nio got a 1,500% price target boost from an analyst and the company's stock has added more than 20% to its price in just over one day of trading.…
Wednesday's top analyst upgrades and downgrades included Apple, Cheniere Energy, Envision Solar, Livent, Lyft, Nikola, Nio, Roku, Salesforce.com, Shopify, Uber and Vroom.
Tuesday's top analyst upgrades and downgrades included Crocs, Gap, GW Pharmaceuticals, Lowe's Companies, Merck, Nio, Palo Alto Networks, Phillips 66, Starbucks and Vital Farms.
When Nio reported its most recent quarterly results before the markets opened on Tuesday, the electric vehicle maker said that it had a smaller than expected net loss.
Electric vehicle maker Lucid Motors on Tuesday announced a certified range of more than 500 miles on a single charge for its Lucid Air luxury sedan. Details and pricing are due early…
24/7 Wall St. has put together a preview of Cisco Systems, Nio, Occidental Petroleum and some of the other most anticipated quarterly reports due this week.
Goldman Sachs has cut its rating on Chinese electric vehicle maker Nio to Sell as the firm sees no evidence of either volume or profit improvements.
Competition for Tesla is heating up and the electric vehicle sector is on fire. Should Tesla be worried about competition or its own ability to execute?
Chinese lithium-ion battery maker CBAK announced an agreement that implies financial help is on the way to expand the company's production capacity. Details are a little thin.
Wednesday's top analyst upgrades and downgrades included Amazon.com, Aurora Cannabis, Comcast, Dick's Sporting Goods, Morgan Stanley, Nike, Nio, Plug Power, Snap and Walt Disney.
Wednesday's top analyst upgrades and downgrades included AMC Entertainment, Apple, Cerence, Chipotle Mexican Grill, Ciena, Dollar Tree, Freshpet, LATAM Airlines, Nio, Peloton Interactive, Ping, Tesla and Walt Disney.
Chinese electric car maker Nio got a $990 million investment from provincial and local governments in exchange for 24.1% stake in a new entity called Nio China.
Tesla CEO Elon Musk has said that the company just produced its millionth vehicle. The company will get to 2 million more quickly, but the competition is starting to heat up.