Porsche Warns of Supply Chain Problems Impacting BEV Production and Slower Growth
Porsche faces challenges in BEV production due to supply chain issues, impacting its growth in Europe and China while maintaining BEV sales target.
electric vehicles
Nissan to Invest $663 Million in Renault’s Electric Vehicle Unit Amid Restructured Partnership
Japanese automaker Nissan will invest up to $663 million in Renault’s electric vehicle unit, Ampere, as part of their restructured partnership.
Volvo Cars Reports 54% Drop in Q2 Operating Earnings, Expects Healthy Demand Despite Pricing Pressures
Sweden-based automaker Volvo Cars reported a significant decline in Q2 operating earnings due to a one-off gain in the previous year.
Tesla to Offer One-Time Transferability for Full Self-Driving Software Package
Tesla announces a one-time opportunity for existing customers to transfer their Full Self-Driving (FSD) software package to new vehicles, allowing them to upgrade without repurchasing the expensive FSD option. The offer will be available in the third quarter.
Tesla Reports Record Quarterly Revenue and Earnings Beat, Skeptic Raises Concerns
Tesla, Inc. (TSLA) announced a strong quarter with record revenue and earnings beat, primarily attributed to FX movements on intercompany balances.
“Tesla’s Resilient Comeback: From Slump to Soar in 2023”
Tesla, Inc. has experienced a remarkable resurgence in 2023 after facing challenges from economic headwinds and increased competition in the EV market.
Tesla Q2 Earnings Preview: Cybertruck Launch and Analyst Expectations
Get insights into Tesla’s upcoming second-quarter financial results, including revenue and earnings estimates.
Jim Cramer Reverses Stance on Ford’s F-150 Lightning Price Reduction, Expresses Concerns about EV Market
Jim Cramer, host of CNBC’s Mad Money, has reversed his stance on Ford’s F-150 Lightning electric pickup truck following a 17% price reduction.
Bullish Markets, Political Updates, Economy Insights, Tech Developments, EV Industry, Crypto Trends, Pharma Alerts, Industrial Concerns
Stay updated on the latest happenings in the US and global markets. Discover insights into market trends, political controversies, economic indicators, technological advancements, electric vehicle news, cryptocurrency updates, pharmaceutical alerts, and industrial concerns.
Rivian EV Owner Shocked by $42,000 Repair Bill for Minor Fender Bender
A Rivian electric vehicle owner shares their astonishment at receiving a repair bill of $42,000 for a minor collision, highlighting the challenges of repairing EVs and the limited repair options available.
