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Zacks News
Rivian (RIVN) Redefines EV Tech With In-House Enduro Motor
by Zacks Equity Research
Rivian (RIVN) takes a pioneering leap forward with its game-changing in-house Enduro motor, which promises unparalleled efficiency and cost savings.
NIO Q2 Loss Wider Than Anticipated Amid Weak Deliveries
by Zacks Equity Research
For the third quarter of 2023, NIO expects deliveries in the band of 55,000-57,000 vehicles, signaling a year-over-year rise of 74-80.3%.
Fisker (FSR) Expands Its Presence in Europe With 3 New Markets
by Zacks Equity Research
Fisker (FSR) announces launch in three new European markets, Belgium, the Netherlands and Switzerland. Regional deliveries are expected to start at the end of September.
3 Intriguing Auto Equipment Stocks to Buy Now
by Shaun Pruitt
These auto equipment stocks all land a Zacks Rank #1 (Strong Buy) mostly attributed to the trend of rising earnings estimate revisions.
Mobileye (MBLY) to Bring Autonomous Technology to Polestar 4
by Zacks Equity Research
Mobileye (MBLY) collaborates with Polestar to integrate the formar's Chauffeur platform on Polestar 4.
XPeng (XPEV) Partners With DiDi to Expand in Smart EV Segment
by Zacks Equity Research
XPeng (XPEV) plans to accelerate the adoption of Smart EVs and technologies via an alliance with DiDi.
Key Takeaways From Arcimoto (FUV) Q2 Results & Business Updates
by Zacks Equity Research
Arcimoto (FUV) incurs Q2 net loss of around $13.2 million (translating to $1.71 per share), narrower than $17.4 million (or $8.80 per share) recorded in the corresponding period of last year.
Volkswagen (VWAGY) Begins Pre-Orders for ID.7 in Europe
by Zacks Equity Research
Volkswagen (VWAGY) opens pre-orders for the ID.7 electric sedan, starting at $62,000, in Europe after kicking off production earlier this week.
Stellantis (STLA), AGI Join Forces to Electrify US Dealerships
by Zacks Equity Research
The collaboration with AGI is set to empower Stellantis' (STLA) 2,600-plus dealerships in the United States to seamlessly transition to electric vehicle sales and service.
Nikola (NKLA) on Sale: Tempting Deal or Risky Bet?
by Rimmi Singhi
Nikola (NKLA) shares are trading dirt cheap now. Do the current price levels present a promising buying opportunity or a sinking ship from which to steer clear?
General Motors (GM) Shuts Innovation Center & Cuts Jobs
by Zacks Equity Research
General Motors (GM) to close Arizona IT Innovation Center at the end of October, leading to 940 job cuts.
General Motors' (GM) Chemical Spill Under Investigation
by Zacks Equity Research
A chemical spill in General Motors' (GM) Ultium Cells battery plant is under investigation due to a hazardous solvent leak that presents an unreasonable risk to human health.
Lucid's (LCID) Price Cut Gets Upbeat Response From Customers
by Zacks Equity Research
Lucid (LCID) is offering special lease and financing deals on the Lucid Air Pure AWD and available Touring and Grand Touring models.
CVGI or GNTX: Which Is the Better Value Stock Right Now?
by Zacks Equity Research
CVGI vs. GNTX: Which Stock Is the Better Value Option?
Texas Mandates Tesla's (TSLA) NACS Plugs for New Stations
by Zacks Equity Research
Texas approves plan for the installation of Tesla's (TSLA) NACS plug at new charging station.
Ford (F) Mustang Mach-E EV Recall Fix Under Investigation
by Zacks Equity Research
Ford's (F) 2021-2022 Mustang Mach-E model recall on Jun 10, 2022, is under investigation after NHSTA receives 12 customer complaints.
General Motors (GM) Slashes 200 Engineering Jobs, Cuts Fleet
by Zacks Equity Research
General Motors (GM) cuts 200 engineering jobs to reduce costs, and simplify vehicle orders and manufacturing processes. Meanwhile, the company's AV unit, Cruise, agrees to cut its fleet of robotaxis in half.
Stellantis (STLA) Invests $100M in CTR's Hell's Kitchen Project
by Zacks Equity Research
Stellantis (STLA) invests in the world's largest geothermal lithium project, with a production capacity of up to 300,000 metric tons of lithium carbonate equivalent each year.
General Motors (GM) & Mitra Chem to Boost EV Battery Tech
by Zacks Equity Research
General Motors (GM) ventures into AI-driven battery tech with Mitra Chem to develop affordable batteries for EVs.
ElectraMeccanica (SOLO), Tevva to Merge in Green Vehicle Leap
by Zacks Equity Research
ElectraMeccanica (SOLO) and Tevva are set to merge, which will redefine the zero-emission commercial vehicle landscape across the UK, Europe and the United States.
Why Gentex (GNTX) is a Top Momentum Stock for the Long-Term
by Zacks Equity Research
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Zacks Industry Outlook Highlights Magna International, Lear, Autoliv and Gentex
by Zacks Equity Research
Magna International, Lear, Autoliv and Gentex are part of the Zacks Industry Outlook article.
Gentex (GNTX) Q2 Earnings Beat Estimates, Increase 52% Y/Y
by Zacks Equity Research
Gentex (GNTX) puts on a stellar show in Q2, with earnings and sales not just beating expectations but also increasing year over year.
4 Picks From the Robust Auto Equipment Industry to Fuel Your Gains
by Rimmi Singhi
Industry participants like MGA, LEA, ALV and GNTX are positioned to benefit from resilient vehicle demand, operational efficiency and soaring popularity of electric vehicles.
Gentex (GNTX) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
by Zacks Equity Research
While the top- and bottom-line numbers for Gentex (GNTX) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.