Contemporary Amperex Technology Co Ltd

A recession seems to be progressively possible. But Goldman Sachs states these stocks could beat the gloom
World

A recession seems to be progressively possible. But Goldman Sachs states these stocks could beat the gloom

Central banking institutions are relentlessly climbing interest premiums to rein in inflation — even at the expenditure of financial expansion — prompting fears of a recession. Goldman Sachs reported it believes the United States is established for a “soft landing. The bank’s main European economist Jari Stehn expects Europe to tip into a recession this […]

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‘There’s tons to acquire in China,’ fund supervisor says and names these 2 EV shares
World

‘There’s tons to acquire in China,’ fund supervisor says and names these 2 EV shares

Buyers in China have had a complicated time lately. The Shanghai Composite Index has fallen by 17% this yr and is down about 10% more than the previous five many years. But just one fund manager thinks there are pockets of price in sure “main sectors” even though monetary situations are limited. Edmund Harriss, head […]

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China’s CATL, a Tesla provider, considers growing battery swapping enterprise abroad
Technology

China’s CATL, a Tesla provider, considers growing battery swapping enterprise abroad

CATL is the world’s largest electric auto battery maker and provider to the likes of Tesla and Ford. Pavlo Gonchar | Sopa Photographs | Lightrocket | Getty Photos The world’s most significant electric car battery maker CATL is evaluating whether or not to expand its battery swapping business to worldwide marketplaces, a senior executive explained […]

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Ford CEO doesn’t expect electric vehicle battery costs to drop anytime soon
Business

Ford CEO doesn’t expect electric vehicle battery costs to drop anytime soon

Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters WAYNE, Mich. – Ford Motor CEO Jim Farley does not expect the costs of raw materials for the company’s electric vehicles to ease in the near future, marking the latest signal that automakers […]

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Electric vehicles are disrupting this 5 billion sector. Here are the stocks to cash in: UBS
Business

Electric vehicles are disrupting this $255 billion sector. Here are the stocks to cash in: UBS

Demand for electric vehicles is expected to boom in the coming decades — and UBS has identified a theme for investors to cash in on that electrification. UBS said that increasing amounts of electronic content within vehicles will lead to new supply chains, as automakers increasingly work directly with semiconductor firms and new tech players. […]

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Ford reassures investors it has the battery supplies it needs for ambitious EV goals
Business

Ford reassures investors it has the battery supplies it needs for ambitious EV goals

Ford F-150 Lightning pickup trucks sit on the production line at the Ford Rouge Electric Vehicle Center on April 26, 2022 in Dearborn, Michigan. Bill Pugliano | Getty Images Ford Motor said Thursday that it has secured 100% of the battery supplies needed to deliver electric vehicles at a rate of 600,000 per year by […]

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