Stocks
Tesla Profits Dip Despite Sales Boom as R&D Spending Surges
Tesla reported a decline in second-quarter profits, falling short of Wall Street forecasts, despite a significant increase in vehicle sales and revenue....
#electric vehicles 14 articles
World Business
China Car Exports Up 80% in June on EV Demand, Domestic Sales Fall
China's passenger car exports surged 80% in June, driven by robust EV demand, even as domestic sales experienced a 26% decline. Automakers...
Finance
Why EV Insurance Remains Costly, And How It’s Changing
Electric vehicle insurance premiums are significantly higher due to complex designs and repair challenges. Industry efforts are now focused on making EVs...
Economy
China’s Robotaxi Ambition: Can EV Success Be Replicated Globally?
China's self-driving car firms are leveraging the nation's robust EV supply chain and complex urban environments to accelerate robotaxi development, aiming for...
Markets
SpaceX’s $2 Trillion Valuation Pushes Growth Investors to Two Alternatives
Despite SpaceX's exciting ventures, its $2 trillion market cap may limit long-term upside. One analyst suggests Rivian and NuScale Power offer superior...
Stocks
Lithium Producers Eye Recovery as Battery Storage Demand Rises
Lithium producers express renewed optimism for market recovery, driven by accelerating demand for battery storage systems. This shift helps offset a slowdown...
Markets
Oil Price Shock Fuels Chinese EV Sales, Infrastructure Struggles in Developing Markets
High oil prices, exacerbated by geopolitical events, are driving a significant surge in Chinese electric vehicle sales across the developing world, yet...
Stocks
Spiro Secures $215 Million for African EV Infrastructure Expansion
African electric mobility firm Spiro has raised $215 million in equity financing to significantly expand its battery-swapping and electric vehicle infrastructure across...
Markets
Copper Hits Record $5.02 Per Pound Amid Supply Squeeze, Electrification Boom
Copper prices reached an all-time high of US$5.02 per pound on March 6, 2022, driven by robust demand from electrification and persistent...