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Zacks News
Copart (CPRT) Q4 Earnings & Revenues Surpass Estimates
by Zacks Equity Research
Copart (CPRT) reports fourth-quarter service revenues, accounting for 83.6% of the total revenues, of $834.2 million, outpacing our estimate of $784.8 million.
Tesla (TSLA) to Make $15B Investment in Mexican Gigafactory (Revised)
by Zacks Equity Research
Per the state governor, Tesla (TSLA) and its suppliers will invest $15 billion in a Gigafactory over the next two years. The investment is thrice the amount previously announced by the officials.
The Zacks Analyst Blog Highlights Tesla, Oshkosh and Gentex
by Zacks Equity Research
Tesla, Oshkosh and Gentex are included in this Analyst Blog.
Tesla (TSLA) & Suppliers to Invest $15B in Giga Mexico: Governor
by Zacks Equity Research
Per the state governor, Tesla (TSLA) and its suppliers will invest $15 billion in a Gigafactory over the next two years. The investment is thrice the amount previously announced by the officials.
Ford (F) 2024 F-150 to Include 5G, Hybrid Option to Cost Same
by Zacks Equity Research
Ford (F) intends to add an optional heads-up display and a built-in 5G modem to its 2024 F-150 truck lineup. The hybrid powertrain option will now cost the same as the 5L engine option.
EVGO Receives First Shipment of BABA-Compliant Chargers
by Zacks Equity Research
EVGO receives the first-ever delivery of 350kW fast chargers, manufactured as per BABA standards, from Delta Electronics.
CVGI vs. GNTX: Which Stock Should Value Investors Buy Now?
by Zacks Equity Research
CVGI vs. GNTX: Which Stock Is the Better Value Option?
BMW (BMWYY) Invests $750M in U.K. Plant to Build Electric Mini
by Zacks Equity Research
BMW (BMWYY) to invest $750 million in a U.K. facility to make its Mini brand all-electric by 2030.
Asbury (ABG) to Buy Jim Koons to Expand in Mid-Atlantic Region
by Zacks Equity Research
Asbury (ABG) signs a deal to acquire Jim Koons Automotive for $1.2 billion to expand its presence in the Mid-Atlantic region.
Allison (ALSN) Receives US Army's M10 Booker Contract
by Zacks Equity Research
Allison (ALSN) gets a contract from the U.S. Army worth nearly $13 million for the production of the M10 Booker Combat Vehicle.
Cummins (CMI), PACCAR (PCAR) and Daimler Form a Battery JV
by Zacks Equity Research
Cummins (CMI), PACCAR (PCAR) and Daimler collaborate for battery cell production in the United States.
Volkswagen (VWAGY) Plans to Launch 11 New Electric Cars by 2027
by Zacks Equity Research
Volkswagen (VWAGY) unveils a few new concept EVs to challenge Tesla amid growing price competition.
Hesai (HSAI) & Webasto Join Forces for Lidar Integration
by Zacks Equity Research
The collaboration between Hesai (HSAI) and Webasto marks a significant step forward in the integration of lidar technology in ADAS.
Volkswagen (VWAGY) in Talks With Mahindra for MEB Platform
by Zacks Equity Research
Volkswagen (VWAGY) advances talk with Mahindra as the Indian automaker plans to use its central MEB components.
Tesla (TSLA) Cuts Model S/X Prices, Unveils Model 3 Refresh
by Zacks Equity Research
Tesla (TSLA) slashes the prices of Model S and X by 15%-19% in the U.S. market on all trims and unleashes the Model 3 refresh with a lot of improvements.
Rivian (RIVN) Redefines EV Tech With In-House Enduro Motor
by Zacks Equity Research
Rivian (RIVN) takes a pioneering leap forward with its game-changing in-house Enduro motor, which promises unparalleled efficiency and cost savings.
NIO Q2 Loss Wider Than Anticipated Amid Weak Deliveries
by Zacks Equity Research
For the third quarter of 2023, NIO expects deliveries in the band of 55,000-57,000 vehicles, signaling a year-over-year rise of 74-80.3%.
Fisker (FSR) Expands Its Presence in Europe With 3 New Markets
by Zacks Equity Research
Fisker (FSR) announces launch in three new European markets, Belgium, the Netherlands and Switzerland. Regional deliveries are expected to start at the end of September.
3 Intriguing Auto Equipment Stocks to Buy Now
by Shaun Pruitt
These auto equipment stocks all land a Zacks Rank #1 (Strong Buy) mostly attributed to the trend of rising earnings estimate revisions.
Mobileye (MBLY) to Bring Autonomous Technology to Polestar 4
by Zacks Equity Research
Mobileye (MBLY) collaborates with Polestar to integrate the formar's Chauffeur platform on Polestar 4.
XPeng (XPEV) Partners With DiDi to Expand in Smart EV Segment
by Zacks Equity Research
XPeng (XPEV) plans to accelerate the adoption of Smart EVs and technologies via an alliance with DiDi.
Key Takeaways From Arcimoto (FUV) Q2 Results & Business Updates
by Zacks Equity Research
Arcimoto (FUV) incurs Q2 net loss of around $13.2 million (translating to $1.71 per share), narrower than $17.4 million (or $8.80 per share) recorded in the corresponding period of last year.
Volkswagen (VWAGY) Begins Pre-Orders for ID.7 in Europe
by Zacks Equity Research
Volkswagen (VWAGY) opens pre-orders for the ID.7 electric sedan, starting at $62,000, in Europe after kicking off production earlier this week.
Stellantis (STLA), AGI Join Forces to Electrify US Dealerships
by Zacks Equity Research
The collaboration with AGI is set to empower Stellantis' (STLA) 2,600-plus dealerships in the United States to seamlessly transition to electric vehicle sales and service.
Nikola (NKLA) on Sale: Tempting Deal or Risky Bet?
by Rimmi Singhi
Nikola (NKLA) shares are trading dirt cheap now. Do the current price levels present a promising buying opportunity or a sinking ship from which to steer clear?