After the roaring success of its all-electric F-150 Lightning pickup truck, Ford Motor Co. F is once again working on an electric truck, per a report. The second model is expected to hit the market in 2025. Although not much detail came to light, the new EV truck is confi
With the automotive future being electric, automakers and battery firms are spending unprecedented sums of money for electric vehicle (EV) battery production in North America. As auto giants are fast changing their gears to electric and planning to introduce a lineup of g
For Immediate ReleaseChicago, IL – August 30, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured i
Tesla Inc Chief Executive Elon Musk has set his young company on an aggressive expansion path like no other auto executive has dreamed - but one riddled with potholes and road blocks that could stall or sidetrack the journey.
Many of the automatic braking systems automakers are using to prevent vehicles from hitting pedestrians do not work well in the dark, according to test results released Tuesday by the U.S. non-profit group Insurance Institute for Highway Safety.
In a landmark step amid heightening climate issues, California passed a law last week that bans gas-powered car sales by 2035. With that, it became the first state in the United States to end the use of gas-powered cars. The California Air Resources Board (CARB) issued a
Supply chain disruptions and chip shortages continue to roil the automotive space. Last week, Honda HMC notified its intention to slash output by 40% in Japan in early September. Per reports, the company is also considering shifting its supply chain away from China. Meanw
The NASDAQ 100 Pre-Market Indicator is down -116.54 to 12,488.63. The total Pre-Market volume is currently 36,323,747 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro Short QQQ (SQQQ) is +1.29 at $43.15, with 4,607,106 shares
For Immediate ReleaseChicago, IL – August 29, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured i
South Korean officials will meet U.S. counterparts this week to express "concerns" about the Inflation Reduction Act, which restricts who can receive U.S. subsidies for the production of electric vehicles and where firms can source battery materials.
South Korean officials will meet U.S. counterparts this week to express "concerns" about the Inflation Reduction Act, which restricts who can receive U.S. subsidies for the production of electric vehicles and where firms can source battery materials.
Ford Motor Company (NYSE: F) recently confirmed that it's laying off 3,000 workers as the legacy automaker transitions from building traditional combustion engine vehicles to electric ones. The job cuts will affect white-collar workers and some of the company's contractors, with
Automakers have long pushed for an extension of existing electric vehicle (EV) tax credits that expire once an automaker sells 200,000 units. However, the $430 billion Inflation Reduction Act of 2022 signed by President Biden restructures the $7,500 EV tax credit and adds a new $
After sliding for several months on fears of a looming recession, the stock market has started to bounce back. The S&P 500 has rebounded more than 10% from its low point in June.
China's CATL is working on new battery materials that can improve energy density by 10% to 20% compared to iron phosphate batteries, the company's chairman said, as the battery giant scrambles to retain its top position amid competition.
Are These The Best Cyclical Stocks To Buy After Fed Chair Jerome Powell’s Comments At Jackson Hole?Many investors choose to invest in cyclical stocks in the stock market. In brief, these are stocks that tend to go up and down with the economy. For example, when the economy