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Warren Buffett-Backed BYD Outdoes Nio, Xpeng, Li Auto In April EV Deliveries

Chinese automaker BYD Co Ltd’s (OTC: BYDDF) all-electric vehicle sales soared in April and the company sold more than twice as many electric vehicles as its closest rival Nio Inc (NYSE: NIO) during the month amid suppl read more.....»»

Category: blogSource: benzingaMay 10th, 2021

Ford April vehicle sales jumped to nearly 200,000, as EV sales soared nearly fourfold

Ford Motor Co. said Tuesday that total U.S. April vehicle sales rose 64.8% from a year ago to 197,813 vehicles, boosted by a near fourfold rise in electric vehicle (EV) sales. April retail sales were 57.1.....»»

Category: topSource: marketwatchMay 4th, 2021

A 2017 lawsuit shows how electric car startup Lordstown paid outside workers to gin up 10,000 pre-orders per year

The questionable practice underscores that using pre-orders as a proxy for sales may not be the best way to evaluate aspiring automakers. .....»»

Category: smallbizSource: nytApr 24th, 2021

Portland lending incentives, government rebates, and automaker commitments accelerate green vehicle adoption

There’s momentum for EV everywhere you turn. Global sales of electric cars soared 43 percent in 2020 to more than three million, despite over.....»»

Category: topSource: bizjournalsApr 7th, 2021

Warren Buffett-Backed BYD Outdoes Nio, Xpeng, Li In March EV Deliveries

Chinese automaker BYD Co Ltd’s (OTC: BYDDF) all-electric vehicle sales more than doubled in Q1 and it sold nearly twice as many overall electric vehicles as its close rival Nio Ltd (NYSE: NIO) from January to March. read more.....»»

Category: blogSource: benzingaApr 7th, 2021

Tesla will soar 51% as huge first-quarter sales signal looming "green tidal wave," Wedbush says

Dan Ives said in a note that Congress might increase the electric-vehicle tax credit to $10,000 from $7,500 to "catalyze EV consumer demand." Tesla vehicles. Xinhua/Ding Ting via Getty Images Tesla.....»»

Category: smallbizSource: nytApr 5th, 2021

Tesla may be losing its electric-vehicle crown as Ford"s Mustang Mach-E sales heat up

Ford's new Mustang Mach-E accounted for nearly all of Tesla's market-share losses in February, and on Thursday Ford released new sales fi.....»»

Category: smallbizSource: nytApr 1st, 2021

Lucid, Rivian Sued In Illinois Over Direct Sales Model

A lawsuit has been filed against electric vehicle startups Rivian Automotive and Lucid Motors in Illinois for selling vehicles directly to consumers in the state. read more.....»»

Category: blogSource: benzingaMar 30th, 2021

The Ratings Game: Volkswagen’s BEV sales could beat Tesla’s next year, says Deutsche Bank

By next year, the German auto maker's battery-electric vehicle sales could outpace that of industry giant Tesla, say Deutsche Bank analysts, who lifted their price target on buy-rated Volkswagen to €270 from €185 per share in a note to clients on Monday......»»

Category: topSource: marketwatchMar 22nd, 2021

: Forget Nio and XPeng. This company and Tesla will be the top two electric-vehicle plays by 2025, says UBS.

Within the next four years it will be Volkswagen competing with Tesla for the crown of most EV sales globally, according to UBS......»»

Category: topSource: marketwatchMar 10th, 2021

: Forget NIO and XPeng. This company and Tesla will be the top 2 electric-vehicle plays by 2025, says UBS

Within the next four years it will be Volkswagen competing with Tesla for the crown of most EV sales globally, according to UBS......»»

Category: topSource: marketwatchMar 9th, 2021

Tesla is slowly losing its electric vehicle crown as Ford"s Mustang Mach-E cuts into sales

Ford's new Mustang Mach-E accounted for nearly all of Tesla's market share losses, Morgan Stanley said, .....»»

Category: worldSource: nytMar 5th, 2021

Earnings Results: Nio’s sales top $2 billion in ‘transformational’ year

American depositary receipts of Nio Inc. fell late Monday after the Chinese electric-vehicle maker reported mixed fourth-quarter results and sales that topped $2 billion for the year......»»

Category: topSource: marketwatchMar 1st, 2021

Tesla has "significant first-mover advantage" in the electric vehicle space - but 3 smaller names are also poised to succeed as EV sales climb in 2021, CFRA says

Tesla has established a "significant first mover advantage" over new entrants in EV market, but Rivian, Lucid Motors, and Fisker are also attractiv.....»»

Category: worldSource: nytFeb 25th, 2021

Oil demand is set to rise at its fastest pace in 40 years - but its peak is less than 10 years away, says BofA

Demand for oil will accelerate but climbing electric vehicle sales will drive oil demand to its peak around 2030, says BofA. .....»»

Category: topSource: businessinsiderFeb 12th, 2021

Tesla sheds $66 billion in market value after 4th-quarter earnings fall short of forecasts

Elon Musk's electric-vehicle company grew sales by .....»»

Category: topSource: businessinsiderJan 28th, 2021

Tesla stock slumps 8% after 4th-quarter earnings fall short of forecasts

Elon Musk's electric-vehicle company grew sales by 46% year-on-year to $10.7 billion, but earnings per share were below Wall Street's expectations. Tesla CEO Elon Musk. Susan Walsh/AP Tesla stock dropped as much as 8.....»»

Category: dealsSource: nytJan 28th, 2021

Tesla edges closer to launching sales in India by registering a company in the country

Tesla plans to launch operations in India, the world's fifth biggest car market, as the country is pushing for a boost in electric vehicle sales. Elon Musk speaking at the Satellite Conference and Exhibit.....»»

Category: worldSource: nytJan 17th, 2021

: Electric-vehicle sales have been a highlight in a year when the COVID-19 pandemic wrought havoc on car makers

Sales of electric vehicles by European car makers accelerated rapidly in 2020, amid governments offering generous incentives to trade in gas guzzlers for cleaner alternatives......»»

Category: topSource: marketwatchJan 13th, 2021

: Electric-vehicle sales have been a highlight in a year where the COVID-19 pandemic wrought havoc on car makers

Sales of electric vehicles by European car makers accelerated rapidly in 2020, amid governments offering generous incentives to trade in gas guzzlers for cleaner alternatives......»»

Category: topSource: marketwatchJan 13th, 2021