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After Ford Motor (NYSE: F) decided to cut the output of its electric F-150 pickup, the Lightning, pickup tonneau cover maker, Worksport (NASDAQ: WKSP), continues to defy the EV downshift trend. Today, Worksport announced it will be expanding its B2B dealer network in the U.S. and Canada which means revolutionary products with which Worksport promises to disrupt the definition of pickup trucks will be available on Amazon.com Inc (NASDAQ: AMZN), eBay (NASDAQ: EBAY) and Walmart (NYSE: WMT) marketpl ....
Although Tesla Inc (NASDAQ: TSLA) helped create the EV industry, both in the U.S. and China, it is now facing intense competition on both fronts. Fighting for market share, Tesla started a price war at the beginning of the year. Although price wars tend to eliminate weaker players from the race, Tesla rivals responded on both continents. Ford Motor (NYSE: F) lowered the price of its flagship electric pickup, F-150, and so did Tesla’s rivals in China, BYD Company Limited (OTC: BYDDY), Nio Inc (NY ....
Yesterday, Tesla Inc (NASDAQ: TSLA) abruptly lost its CFO, Zachary Kirkhorn. Lucid Group Inc (NASDAQ: LCID) reported disappointing EV deliveries that led to a lower-than-expected revenue, but its shares still climbed 4.5% in after-hours trading upon the report. Worksport Ltd (NASDAQ: WKSP) just revealed its Power Electronics team that is behind the company’s renewable energy design research and development and therefore, the team who is bringing the solar-powered tonneau cover SOLIS and COR remo ....