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Zacks News
Nikola (NKLA) to Raise $100M to Keep Up With Rising Costs
by Zacks Equity Research
Nikola (NKLA) plans to sell 29.9 million shares in a traditional public offering and 59.9 million shares to Antara Capital to raise $100 million to cover high production costs.
Tesla (TSLA) Q1 Deliveries Hit a New Record, Rise 4% Q/Q
by Zacks Equity Research
Tesla (TSLA) produces 440,808 and delivers 422,875 vehicles in the first quarter of fiscal 2023.
PACCAR (PCAR) Makes Equity Investment in Platform Science
by Zacks Equity Research
PACCAR's (PCAR) minority equity investment in integrating Platform Science's Virtual Vehicle technology with the PACCAR Connect telematics system will simplify the vehicle I.T. environment.
Honda (HMC) Recalls Nearly 330,000 Vehicles Over Safety Issues
by Zacks Equity Research
The vehicle recall by Honda (HMC) covers the 2020-2022 Odyssey, 2020-2022 Passport, 2020-2021 Pilot and 2020-2021 Ridgeline.
Blink Charging (BLNK) Receives MAS Contract From US GSA
by Zacks Equity Research
Blink Charging's (BLNK) stock rallies after securing a MAS contract that makes buying EV charging equipment easier for government and agency customers.
Nikola (NKLA) Receives 100 Sale Orders for Class 8 FCEV
by Zacks Equity Research
Nikola (NKLA) and its dealer receive a 100-unit sales order for Class 8 Nikola Tre hydrogen FCEVs. The company appoints Anastasiya Pasterick as Nikola's new CFO.
Allison (ALSN) to Equip AM General's A2 Version of JLTV
by Zacks Equity Research
Allison (ALSN) has been selected by the U.S. Army to provide Allison 2500 Speciality Series transmission for AM General's A2 Version of JLTV.
Lucid (LCID) Recalls 640 Air EVs Due to Electric Motor Issues
by Zacks Equity Research
Lucid (LCID) estimates that, out of 640 affected vehicles, 6% have the defect. The company plans to lay off 1,300 employees by the end of the second quarter.
Winnebago (WGO) to Buy Lithionics to Rev Up its E-Mobility Game
by Zacks Equity Research
The acquisition of Lithionics will improve Winnebago's (WGO) supply chain and boost the company's technological and engineering capabilities.
The Zacks Analyst Blog Highlights Alliance Resource Partners, RPC, Crawford, Universal Insurance Holdings and Wabash National
by Zacks Equity Research
Alliance Resource Partners, RPC, Crawford, Universal Insurance Holdings and Wabash National are included in this Analyst Blog.
Ford (F) to Build Electric Truck 'Project T3' at BlueOval
by Zacks Equity Research
Ford (F) and partner SK On are investing $5.6 billion in the BlueOval City Plant, which will be capable of building 500,000 EVs per year, starting with its next-generation electric truck, 'Project T3'.
Is Wabash National (WNC) Stock Undervalued Right Now?
by Zacks Equity Research
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
5 Dividend Paying Growth Stocks to Buy for a Stable Portfolio
by Nalak Das
We have narrowed our search to five growth stocks that have solid upside left for 2023. These are: ARLP, RES, CRD.A, UVE, WNC.
Genuine Parts (GPC) Partners Google Cloud to Revamp Platform
by Zacks Equity Research
Genuine Parts (GPC) announces a collaboration with Google Cloud to support business transformation and elevate customer experience.
Stellantis (STLA) Invests EUR 130M in Eisenach Assembly Plant
by Zacks Equity Research
Stellantis (STLA) announces to invest over EUR 130M in Eisenach Assembly Plant to produce new BEV and acquires LeasePlan in Luxembourg and ALD in Portugal.
Ford (F) Unleashes Electric Explorer SUV for Europe Market
by Zacks Equity Research
Ford (F) reveals a fully electric Explorer SUV exclusively for its Europe market to progress toward making its entire Europe lineup electric by 2030.
General Motors (GM) to Expand Robotaxi Services in California
by Zacks Equity Research
California appears to be the breeding environment for increased robotaxi operations of General Motors' (GM) Cruise.
Volkswagen's (VWAGY) Exit From Russia Jeopardized: Know Why
by Zacks Equity Research
Volkswagen's (VWAGY) withdrawal plan from Russia faces hindrance after the Russian court freezes its assets based on a lawsuit filed by Gaz Group.
Stellantis (STLA) to Launch Fiat in Algeria & Invest EUR 200M
by Zacks Equity Research
Stellantis (STLA) announces launching six Fiat models in Algeria and plans to invest more than EUR 200 million to produce four models.
Ford (F) to Recall 1.5M Vehicles Over Brake and Wiper Issues
by Zacks Equity Research
Ford (F) to call back Ford Fusions and Lincoln MKZs to fix leaky brake hoses and F-150 to inspect and replace faulty windshield wiper arms.
Blink Charging (BLNK) Receives Contract from U.S. Postal Service
by Zacks Equity Research
Blink Charging (BLNK) is selected by the United States Postal Service to secure EV charging stations and network services for its expanding EV fleet.
Lithia (LAD) Acquires Jardine to Expand into United Kingdom
by Zacks Equity Research
Lithia (LAD) purchases Jardine Motors Group to cash in on the latter's strong track record and market position in United Kingdom.
Will BMW's (BAMXF) Electric Push Accentuate 2023 Results?
by Zacks Equity Research
BMW (BAMXF) expects new models and BEVs' rollout to expand EBIT margin and slightly increase deliveries for 2023.
Honda (HMC) Recalls Nearly 500,000 Vehicles Over Safety Issue
by Zacks Equity Research
Honda (HMC) calls back nearly half a million vehicles in the United States and Canada over a front seat belt latching issue.
Will Volkswagen's (VWAGY) Aggressive EV Push Buoy 2023 Results?
by Zacks Equity Research
Volkswagen (VWAGY), with its new line-up for 2023 and a strong foundation of BEV deliveries in 2022, heads toward profitable growth in key markets for years to come.