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Zacks News
Stellantis (STLA) to Reshape Auto Software With Virtual Cockpit
by Zacks Equity Research
The collaboration between Stellantis (STLA), BlackBerry QNX and AWS is set to drive customer-first innovation and efficiency through the integration of cutting-edge virtual cockpit technology.
NIU Q4 Sales Volume in China Sinks Over Economic Concerns
by Zacks Equity Research
NIU sells 137,476 units of vehicles in the fourth quarter of 2023, down from 138,279 units sold in the corresponding quarter of 2022.
Gentex (GNTX) & Solace to Develop Wireless Power System
by Zacks Equity Research
Gentex (GNTX) partners with Solace to develop, manufacture and commercialize Solace's wireless power system.
Honda (HMC) Contemplates $14B Plan to Produce EVs in Canada
by Zacks Equity Research
Per Japan's Nikkei news group, Honda (HMC) is considering a plan to build an electric vehicle plant in Canada for $14 billion.
Tesla (TSLA) Recalls 1.6M Vehicles in China to Fix Autosteer
by Zacks Equity Research
Tesla (TSLA) issues a recall for more than 1.6 million Model S, X, 3 and Y electric cars in China to fix automatic assisted steering and door lock systems.
Ford (F) Sells 2M Vehicles in the US in 2023, Gains 7.1% Y/Y
by Zacks Equity Research
Ford (F) sells 1,995,912 vehicles in the United States, representing an uptick of 7.1% year over year.
Fisker (FSR) Adopts Dealer Partnership Model to Boost Sales
by Zacks Equity Research
Fisker (FSR) introduces the Dealer Partnership model in North America, whereas, in Europe, it plans to pursue a hybrid model involving direct sales and dealer arrangements.
Ford (F) Recalls 112,965 F-150 Trucks Over Rear Axle Defect
by Zacks Equity Research
Ford (F) issues a recall of 112,965 F-150 pickups due to the possibility of rear axle hub breakage.
General Motors (GM) Logs Strong Growth in US Sales in 2023
by Zacks Equity Research
General Motors (GM) delivers 2.6 million vehicles in the United States in 2023, up 14% year over year due to improvement in the supply chain and a rise in incentives.
Rivian (RIVN) Shares Fall 10% as Q4 Deliveries Decline Q/Q
by Zacks Equity Research
On a full-year basis, Rivian (RIVN) exceeds its 2023 production guidance, producing 57,232 vehicles and delivering 50,122 vehicles.
NIO, XPeng (XPEV) & Li Auto (LI) Report 2023 Deliveries
by Zacks Equity Research
While NIO and XPeng register double-digit percentage growth in deliveries for full-year 2023, Li Auto holds the top spot with 182.2% year-over-year growth.
NIO Inc. (NIO) is Attracting Investor Attention: Here is What You Should Know
by Zacks Equity Research
NIO Inc. (NIO) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
NIO Inc. (NIO) Crossed Above the 200-Day Moving Average: What That Means for Investors
by Zacks Equity Research
Good things could be on the horizon when a stock surpasses the 200-day simple moving average. How should investors react?
Company News for Dec 27, 2023
by Zacks Equity Research
Companies In The Article Are: INTC,RYZB,BMY,NIO,MANU
Wall Street Analysts Believe NIO Inc. (NIO) Could Rally 42.04%: Here's is How to Trade
by Zacks Equity Research
The average of price targets set by Wall Street analysts indicates a potential upside of 42% in NIO Inc. (NIO). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
3 Top-Ranked Automakers to Ride the EV Landscape in 2024
by Rimmi Singhi
With global electric car sales reaching new heights and governments worldwide setting ambitious EV targets, investors can buy favorably ranked stocks like TM, STLA and NIO to tap into the EV boom.
Will NIO Succeed in Shaking Off 2023 Woes in the Year Ahead?
by Rimmi Singhi
Strong government ties, a robust EV lineup, focus on core technologies, in-house manufacturing for cost reduction and improved finances position NIO for a promising 2024 in the dynamic Chinese EV market.
NIO to Get $2.2B Investment From Abu Dhabi Government Fund
by Zacks Equity Research
NIO is set to receive an investment worth $2.2 billion from CYVN Holdings. With this investment, the latter's total stake in Nio is poised to rise to 20%.
NIO Inc. (NIO) Recently Broke Out Above the 50-Day Moving Average
by Zacks Equity Research
When a stock breaks out above the 50-Day simple moving average, good things could be on the horizon. How should investors react?
Auto Roundup: F Invests in Nickel Plant, STLA Collaborates With Ample & More
by Rimmi Singhi
While Ford (F) invests in a nickel plant in Indonesia to strengthen its EV supply chain, Stellantis (STLA) joins forces with Ample to integrate the latter's Modular Battery Swapping technology in its EVs.
NIO Inc. (NIO) Recently Broke Out Above the 20-Day Moving Average
by Zacks Equity Research
Is it a good or bad thing when a stock surpasses resistance at the 20-day simple moving average?
Does NIO Inc. (NIO) Have the Potential to Rally 64.22% as Wall Street Analysts Expect?
by Zacks Equity Research
The average of price targets set by Wall Street analysts indicates a potential upside of 64.2% in NIO Inc. (NIO). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
NIO Inc. (NIO) Moves to Buy: Rationale Behind the Upgrade
by Zacks Equity Research
NIO Inc. (NIO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
NIO Q3 Loss Narrower Than Expected Due to Higher Deliveries
by Zacks Equity Research
NIO projects deliveries in the range of 47,000-49,000 vehicles for the fourth quarter of 2023, indicating a 17.3-22.3% improvement year over year.
NIO Inc. (NIO) Exceeds Market Returns: Some Facts to Consider
by Zacks Equity Research
NIO Inc. (NIO) reachead $7.27 at the closing of the latest trading day, reflecting a +1.25% change compared to its last close.