The pickup king, Ford Motor (NYSE: F), is considering a shift in EV strategy as even the electric version of its best-selling pickup, F-150 wasn’t enough to fuel Ford into the electric future. Although Ford topped estimates with its fourth quarter results and guided for a strong year ahead, its EV losses worsened and the legacy automaker is scaling back its EV efforts. Earlier in January, Stellantis N.V. (NYSE: STLA) CEO warned of an EV bloodbath as Ford lowered its F-150 outlook in response to
January delivery figures are out and BYD Company Limited (OTC: BYDDY) is the star, although it also wasn’t immune to a MoM drop. January is always a weak month and considering that the Chinese Lunar Year is on February 10th, disrupting production and demand, February will follow suit.
January delivery figures are out and BYD Company Limited (OTC: BYDDY) is the star, although it also wasn’t immune to a MoM drop. January is always a weak month and considering that the Chinese Lunar Year is on February 10th, disrupting production and demand, February will follow suit. Nio Inc (NYSE: NIO) reported a 18.2% YoY rise in deliveries as it delivered 10,055 EVs. However, the comparison doesn’t hold considering that last year, the Chinese New Year fell on January 22nd and therefore, it i
The EV king, Tesla Inc (NASDAQ: TSLA) had a blockbuster year, but that performance stayed in 2023. 2024 kicked off on a different note, with Tesla losing more than $94 billion in market valuation over the first two weeks of the year, marking its worse start to any year. But this isn’t the only reality check for Tesla. Although it finally launched its eagerly anticipated electric pickup before 2023 ended, even Tesla acknowledged how challenging it is to bring this particular vehicle to life. Tesl