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Zacks News
The Zacks Analyst Blog Highlights: Li Auto, NIO, XPeng and Geely Automobile
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Li Auto, NIO, XPeng and Geely Automobile
IPO Saga in Auto World Continues: Rivian the Latest Aspirant
by Pooja Dhona
Amid the trending excitement in the market surrounding IPOs, Amazon (AMZN) and Ford (F)-backed Rivian aspires to raise the much-needed money to carve a niche in the growing EV sector.
EV Roundup: F's $7B Investment, TSLA's Q3 Deliveries, GM's EV410 Reveal & More
by Rimmi Singhi
Ford's (F) $7-billion outlay on two new EV campuses in Tennessee and Kentucky grabs headlines. Meanwhile, General Motors (GM) unveils EV410 van and Tesla (TSLA) delivers 241,300 vehicles in Q3'21.
EV Roundup: F Partners With Redwood, LI Trims Q3 Delivery Guidance & More
by Rimmi Singhi
While Ford (F) ties up with Redwood Materials for EV battery recycling, Li Auto (LI) cuts delivery view for the third quarter of 2021 amid chip crisis.
Li Auto (LI) Slashes Q3 Delivery Forecast Amid Chip Dearth
by Zacks Equity Research
Li Auto (LI) now expects to deliver about 24,500 vehicles in the third quarter, down from the previous outlook of vehicle deliveries between 25,000 to 26,000 units.
Tesla (TSLA) Raises Model Y Performance Car Price in China
by Zacks Equity Research
Tesla (TSLA) hikes price of the Made-in-China Model Y's Performance version by 10,000 yuan ($1,550) or 2.6% due to higher manufacturing costs.
NIO Shares Tumble More Than 6% on News of $2B U.S. Stock Sale
by Zacks Equity Research
NIO's latest fundraising will be the biggest U.S. equity offering by a Chinese company since Didi Global raised $4.4 billion from U.S. investors in June 2021.
XPeng (XPEV) Launches World's 1st AI-Powered Horse for Riding
by Zacks Equity Research
XPeng (XPEV) releases the first-of-its-kind AI featured intelligent robot horse that people can ride, thus gaining a place in the robotic zoo.
Stellantis (STLA) Streamlines in China, GAC FCA to Shut Plant
by Zacks Equity Research
Stellantis (STLA) likely to halt work at its Guangzhou-based factory and shift the production to the factory in Changsha.
Auto Stock Roundup: Buyout Updates From THO, CNHI & SMP, and More
by Rimmi Singhi
Thor (THO) and Standard Motor (SMP) boost their prospects with the buyout of Airxcel and Stabil, respectively. CNH Industrial's (CNHI) acquisition of Sampierana is set to close in Q4.
Are NIO, LI & XPEV Worth the Wager Post Q2 Results?
by Rimmi Singhi
While NIO, LI and XPEV post improved year-over-year Q2 results, do they appear solid bets especially given their premium valuations?
LI Auto (LI) Q2 Loss Narrower Than Expected, Q3 View Solid
by Zacks Equity Research
LI Auto (LI) expects third-quarter 2021 deliveries in the band of 25,000-26,000 vehicles, signaling a year-over-year uptick in the range of 188.7-200.2%.
Auto Stock Roundup: AAP & XPEV's Q2 Results, F's Output Cut & More
by Rimmi Singhi
While Advance Auto Parts (AAP) and XPeng (XPEV) deliver improved year-over-year results for Q2, Ford (F) is yet again forced to slash production of F-150 pickup amid chip concerns.
XPeng (XPEV) Q2 Loss Narrows, Sales Jump Y/Y on Solid Deliveries
by Zacks Equity Research
XPeng expects third-quarter 2021 deliveries in the band of 21,500-22,500 vehicles, signaling a year-over-year uptick in the range of 150.6-162.3%.
Li Auto (LI) Warming Up to Q2 Earnings: What Can Investors Expect?
by Zacks Equity Research
Stiff competition in the Chinese EV market, along with soaring R&D and SG&A expenses, is likely to have adversely impacted Li Auto's (LI) Q2 performance.
Li Auto Inc. Sponsored ADR (LI) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
Li Auto Inc. Sponsored ADR (LI) closed the most recent trading day at $30.64, moving +0.59% from the previous trading session.
XPeng (XPEV) Intensifies Competition on Export of P7 Sedan to Norway
by Zacks Equity Research
The news of XPeng (XPEV) exporting its P7 sedan to Norway comes in eight months after the company shipped the G3 SUVs to Norway.
Auto Stock Roundup: TSLA's AI Day, GPI & WGO's Payout Hike & More
by Rimmi Singhi
While Tesla (TSLA) generates a huge buzz with various futuristic announcements on AI day, Winnebago (WGO) and Group 1 Automotive (GPI) cheer investors with dividend increase.
EV Stocks Close in the Red: What is to be Blamed?
by Rimmi Singhi
Tesla (TSLA) and NIO's shares decline yesterday owing to concerns related to regulatory scrutiny on advanced driver-assist features in vehicles.
NIO's Q2 Loss Narrows, Sales Jump Y/Y, Q3 Outlook Robust
by Zacks Equity Research
NIO expects third-quarter 2021 deliveries in the band of 23,000-25,000 vehicles, signaling an uptick in the range of 88.4% to 104.8%.
Tesla (TSLA) Recalls Vehicles in China Over Defective Cruise Control
by Zacks Equity Research
Tesla's (TSLA) latest recall consists of 211,256 domestically-produced Model 3 sedans and 35,665 imported ones, as well as 38,599 China-made Model Ys.
4 Stocks to Ride China's Robust EV Market
by Rimmi Singhi
General Motors (GM), Tesla (TSLA), Ford (F) and NIO seem well positioned to make the most of the opportunities in the flourishing China EV market.
Tesla (TSLA) Tumbles 5.3% in a Day: What Triggered the Plunge?
by Zacks Equity Research
Tesla's (TSLA) sales in China on a decline due to vehicle recalls and safety investigations in the country.
NIO Extends Joint Manufacturing Agreement With JAC by 3 Years
by Zacks Equity Research
Per the latest agreement, NIO vehicles will continue to be manufactured in the JAC factory through May 2024.
Li Auto Inc. Sponsored ADR (LI) Gains As Market Dips: What You Should Know
by Zacks Equity Research
Li Auto Inc. Sponsored ADR (LI) closed the most recent trading day at $20.49, moving +1.09% from the previous trading session.