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Microvast's Breakthrough In All-Solid State Battery Tech Propels Shares To Over 40% In Premarket: Here's What Technical Analysis Says
Friday, January 10, 2025 - 9:07am | 720Microvast Holdings Inc (NASDAQ:MVST) shares jumped over 40% in premarket after it announced a breakthrough in its True All-Solid-State Battery (ASSB) technology. Technical analysis shows strong support for the stock performance. What Happened: Unlike conventional batteries, Microvast’s ASSB...
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Dragonfly Energy Strikes $30M Licensing Deal: What This Means For The Battery Industry
Friday, September 6, 2024 - 4:07pm | 633At the virtual event AutoRevolution: The Future of Mobility and EVs, hosted by Benzinga and sponsored by Dragonfly Energy, Dr. Denis Phares, CEO of Dragonfly, shared details about the company's latest milestone: a $30-million licensing agreement with Stryten Energy. The deal, which centers around...
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EXCLUSIVE: Bitech Technologies CEO Benjamin Tran: 'We Need Renewable Energy Solutions In Smart Cities' (CORRECTED)
Friday, July 19, 2024 - 4:05pm | 1678Editor’s note: This story has been updated to correct the size of a Houston battery energy storage system to 400 MWh. The U.S. is grappling with energy infrastructure issues, as the green energy transition requires a broad system overhaul. Storing this energy when there is an oversupply and...
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Tesla Energy Draws Attention, Praise From Analysts, With Potential AI Boom: 'Gaining Market Share Or The Entire Market Is Growing Dramatically In 2024'
Wednesday, July 3, 2024 - 2:16pm | 948Tesla Inc (NASDAQ:TSLA) shares have soared since the company beat second-quarter delivery estimates from analysts. Here's a look at what analysts are saying about deliveries, as well as shares up 35% over the last month. The Tesla Analysts: Guggenheim analyst Ronald Jewsikow had a Sell rating and...
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Rivian Stock Is Rallying After The Close: What's Going On?
Tuesday, June 25, 2024 - 4:52pm | 405Rivian Automotive Inc (NASDAQ:RIVN) shares are surging in Tuesday’s after-hours session following reports that Volkswagen plans to invest $5 billion into the company as part of an electric vehicle joint venture. What To Know: According to a Bloomberg report released after the market close on...
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What's Up With QuantumScape Stock?
Monday, January 29, 2024 - 6:09pm | 348QuantumScape Corp (NYSE: QS) shares traded higher on Monday. The move may have been an attempt by the stock to recover from losses made throughout most of January. What To Know: Shares of QuantumScape surged at the beginning of the month when Volkswagen Group subsidiary PowerCo provided...
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GM Taps AI Tech In Mitra Chem Investment To Turbocharge EV Battery Evolution
Wednesday, August 16, 2023 - 12:56pm | 563General Motors Co (NYSE:GM), joining others in the rush to develop secure, more advanced, and affordable battery production technology, invested in Mitra Chem, an “AI-enabled battery materials innovator” aiming to revolutionize EV battery production. What happened: GM’s investment...
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Tesla's German-Made Model Y With A BYD Battery Show Impressive Charging Speeds
Monday, May 22, 2023 - 5:47pm | 316The latest iteration of the Tesla Inc (NASDAQ: TSLA) Model Y, equipped with BYD batteries and manufactured at Gigafactory Berlin, boasts a significantly enhanced charging rate compared to its predecessor. This substantial improvement, marking a milestone for the automaker, is largely due to...
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Nio To Offer Free Battery Swaps Along Highways For A Week: Report
Tuesday, April 25, 2023 - 12:17pm | 421Nio Inc – ADR (NYSE:NIO) car owners in China will reportedly have free access to battery swap stations along the highways for a week starting April 28. What Happened: Nio car owners can access battery swap stations along the highways in China free of cost from April 28 until May 4 in light of...
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Hemp Batteries: The Future Of The Automotive Market?
Tuesday, February 21, 2023 - 10:20am | 556By Lucía Tedesco via El Planteo. Electric cars like Tesla (NASDAQ: TSLA), Lucid Motors (NASDAQ: LCID) and Nio (NYSE: NIO)'s are getting closer and closer to leading the automotive market. As the demand for them grows, batteries will also play an important role, even if they are not...
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FREYR Battery Stock Continues To Surge: Here's Why Morgan Stanley Sees A $60 Bull Case
Thursday, September 22, 2022 - 12:37pm | 330FREYR Battery SA (NYSE: FREY) shares continued to move higher Thursday following strong gains on Wednesday, driven by positive analyst coverage from Morgan Stanley. What Happened: Morgan Stanley analyst Adam Jonas maintained FREYR Battery with an Overweight rating and raised...
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GM Gets Its Motor Running: Carmaker Announces Share Buybacks, Quarterly Dividends, EV Projects And Other Hard-Driving Initiatives
Friday, August 19, 2022 - 1:30pm | 847General Motors Company (NYSE: GM) announced today (Aug. 19) that it will reinstate its quarterly dividend and increase its share buyback program. Dividends And Buybacks: The Detroit-based company stated in a press release how the dividend will be reintroduced and how much will be spent on...
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Tesla Model 3 Sets New Record In 1,000 KM Challenge: Here's Why It's Important
Monday, July 11, 2022 - 11:52am | 482A 1,000-kilometer challenge that tests electric vehicles saw a Tesla Inc. (NASDAQ: TSLA) car set a new record. Here’s a look at the record set and what it means. What Happened: A Tesla Model 3 Performance vehicle completed the Bjorn Nyland 1,000-kilometer challenge in nine hours and 15...
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If You Invested $1,000 In Plug Power Stock At Its COVID-19 Pandemic Low, Here's How Much You'd Have Now
Tuesday, April 26, 2022 - 6:01pm | 474Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom. Plug's Big Run: One company that has been a roller coaster...
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Why More EV Price Hikes Could Be Coming In Q2
Monday, March 28, 2022 - 11:51am | 430The rise in the cost of battery materials may put the brakes on EV adoption, which has been growing at a robust pace. Battery Material Prices Escalate: In February, cathode materials such as lithium carbonate and lithium hydroxide saw price increases of 452% and 510%, respectively, as compared...