Lordstown Motors Corp shares fell more than 18% on Wednesday, as investors awoke to a vastly different financial picture than the electric truck maker faced last August when it announced it would go public through a reverse merger with a blank-check company.
General Motors on Wednesday threw its support behind the overall emissions reductions in California's 2019 deal with other major automakers, but asked the Biden administration to give automakers more flexibility to hit the carbon reduction target between now and 2026.
General Motors said Wednesday it supports the emissions reductions outlined in a 2019 deal struck between California and other major automakers but wants the federal government to adopt changes to speed the adoption of electric vehicles.
General Motors stock (NYSE: GM) has risen by 6% over the last five trading days. In comparison the broader S&P500 rose by 0.6% over the last five trading days. GM’s stock witnessed a rise on Thursday after an announcement that they expect first half profits to be sign
Logistics and warehouse companies are accelerating expansion plans in southeastern Europe where business is expected to boom as the pandemic spurs manufacturers to relocate operations close to main markets.
Lordstown Motors (NASDAQ: RIDE) on Tuesday warned that it does not have enough cash to begin commercial production of its electric vehicle (EV), raising doubts about whether the company will be able to survive.
Ford Motor Co said on Tuesday its new Maverick compact pickup truck will have a gasoline-electric hybrid powertrain as standard equipment, a technology choice aimed at keeping the vehicle's starting price below $20,000.
Renault-Nissan India wants the Tamil Nadu state government to recommend adequate social distancing measures based on practices at other automakers amid a dispute with its workers union over safety.
Okta's (NASDAQ: OKTA) first-quarter earnings were overshadowed by its lowered guidance for the current quarter and the sudden departure of its CFO. Workday (NASDAQ: WDAY) shares fall a bit despite good first-quarter results and raised guidance. In this episode of MarketFoolery, M
Top Green Energy Stocks To Watch In The Stock Market TodayAs the world continues to fight against the effects and causes of climate change, the green energy sector could flourish. Understandably, this would result in investors turning their radars towards the top green energy sto
Singapore-based electronics manufacturer Flex (NASDAQ: FLEX) anticipates that the current semiconductor shortage will extend at least halfway into next year and potentially into 2023, according to a report published by The Financial Times on Monday. Chip manufacturers are already
What happened
Shares of QuantumScape (NYSE: QS), a developer of solid-state batteries for electric vehicles (EVs), plunged 29.1% in May, according to data from S&P Global Market Intelligence. The stock had traded as high as $132 per share back in December, but ran into problems i
The NASDAQ 100 Pre-Market Indicator is up 3.46 to 13,774.23. The total Pre-Market volume is currently 12,761,257 shares traded.The following are the most active stocks for the pre-market session: AMC Entertainment Holdings, Inc. (AMC) is +0.74 at $48.65, with 9,957,687 shares tr
Ford (NYSE: F) stock has risen 10%+ in the last five days. It is interesting to note that the company expects to make half of the cars and trucks in Q2 2021, versus its planned levels. The company has an outlook of producing 700K units in the current quarter, which is 50% lower t
These 5 EV Stocks Are Grabbing Investors’ Attention Right NowElectric vehicle (EV) stocks are shooting up in the stock market recently. Before we get into it, let’s also acknowledge that the great divide between legacy automakers and electric vehicle startups is fadin