EVGO Inc.
Trump’s war on Biden’s climate policy is creating a new form of EV range anxiety
Frederic J. Brown | Afp | Getty Images Ownership of electric vehicles continues to rise in the U.S., with nearly six million battery electric vehicles and plug-in hybrids currently on the road. Even though that’s still a fraction of the overall market and the growth rate of EV sales has slowed, automakers remain invested in […]
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Stocks making the biggest moves midday: Hims & Hers Health, Joby Aviation, Levi Strauss and more
Check out the companies making headlines in midday trading. EVgo — Shares soared nearly 61% after the electric vehicle charger company received a $1.05 billion conditional loan from the Department of Energy. JPMorgan also upgraded EVgo to overweight . Analyst Bill Peterson pointed to EVgo’s utilization rate compared to peers as well as its owner-operator […]
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Stocks making the biggest moves premarket: Nvidia, Levi Strauss, EVgo and more
Check out the companies making headlines before the bell. Wolfspeed – The semiconductor stock fell nearly 5% following a downgrade to underperform from neutral at Mizuho. The firm sees pricing for silicon carbide – a semiconductor material used in electric vehicles – being down about 10% to 20% year-over-year in 2025. Mizuho also cited lower […]
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These are the most significant inventory shorts out there — such as a major bet from this EV maker
Buyers hiked their short bets on a handful of electric powered auto and charging organizations for the duration of the 2nd half of September, according to FactSet information. CNBC Pro utilised FactSet knowledge to screen for shares with the most small fascination as of Sept. 29. The research included on the lookout for providers traded […]
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EV charging needs big improvements soon if the auto industry’s transition is going to work
A charging port is seen on a Mercedes Benz EQC 400 4Matic electric vehicle at the Canadian International AutoShow in Toronto, Ontario, Canada, February 13, 2019. Mark Blinch | Reuters There’s a looming problem with the auto industry’s grand EV plans. Automakers are spending huge sums to bring a slew of new electric vehicles to […]
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Analysts identify 2 stocks to perform the $104 billion EV charging market — providing a single 95% upside
General public electrical automobile charging infrastructure remains “critical” in driving more EV adoption, said analysts at financial commitment financial institution TD Cowen. The bank’s investigation reveals that the selection of general public charging ports in the U.S. ought to grow to 1.7 million by 2030 to continue to keep speed with a escalating EV fleet. […]
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Stocks making the biggest moves midday: Southwest Airlines, Qualcomm, Roku, Clorox and more
In this article ROKU QCOM DASH ETSY PYPL CLX LUV Follow your favorite stocksCREATE FREE ACCOUNT Southwest Airlines planes sit idle on the tarmac after Southwest Airlines flights resumed following the lifting of a brief nationwide stoppage caused by an internal technical issue, according to the U.S. Federal Aviation Authority (FAA), at Chicago Midway International […]
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EVgo revenue beats analyst expectations as private-label charging business booms
A view of an EVgo EV charging station on July 28, 2023 in Corte Madera, California. Justin Sullivan | Getty Images EV charging network operator EVgo on Wednesday reported second-quarter revenue that beat Wall Street’s expectations and posted a narrower-than-expected loss, as more EV drivers used its network and revenue from its private-label eXtend unit boomed. EVgo […]
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Volvo just became the latest EV maker to move to Tesla’s charging standard
Volvo’s EX30, a small electric crossover SUV, is expected to arrive in the U.S. next year. Courtesy: Volvo Swedish automaker Volvo Cars said on Tuesday that it has signed a deal with Tesla that will allow drivers of its electric vehicles to charge at roughly 12,000 Tesla charging stations in North America starting next year. […]
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Stocks making the biggest moves midday: Tesla, Western Alliance, Target & more
In this article TSLA EVGO KRE WAL Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk, CEO of Tesla, speaks with CNBC on May 16th, 2023. David A. Grogan | CNBC Check out the companies making headlines in midday trading. Tesla — Shares rose 3.9% following the company’s annual shareholder meeting the previous day. CEO Elon Musk announced […]
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