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Elon Musk’s electric car company, which has long dominated the U.S. EV market, made up less than 50% of U.S. EV sales for the first time ever in the second quarter, according to a soon-to-be ...
Chinese EV manufacturer Zeekr beat a choppy IPO market and concerns about EV demand with a strong debut on the New York Stock Exchange this past Friday, surging to a $6.8 billion valuation after ...
Shares of electric vehicle (EV) and related stocks Lucid Motors (NASDAQ: LCID), QuantumScape (NYSE: QS), and Navitas Semiconductor Corporation (NASDAQ: NVTS) rallied today, up 3.3%, 3.7%, and 14.9 ...
On 27 August 2020, XPeng raised US$1.5 billion with an IPO on the New York Stock Exchange, where its shares climbed more than 40% on the first day of trading. [17] In March 2021, the company received a US$76.9 million funding from Guangdong Yuecai Investment Holdings Co. [ 18 ] As of May 2021, 23% of XPeng shares are owned by He Xiaopeng, and ...
You might have heard that EV sales are slowing down, but what's been slowing is the growth rate, which fell from nearly 50% in 2023 and 66% in 2022 to only 7.3% last year, according to Cox ...
FILE - Scout Motors shows off one of its older gasoline powered models at a ceremony to celebrate the start of construction of its new electric SUV, Feb. 15, 2024, in Blythewood, S.C. (AP Photo ...
For QuantumScape, that means the investment case for the stock hasn't really changed since the meme stock era. In 2020, QuantumScape was working on advanced solid-state batteries for EVs that it ...
Lucid Motors and blank check company Churchill Capital IV (CCIV) confirmed a merger deal to take the California-based EV company public. Shares of Churchill Capital were down around 25% at 10:45 A ...