PSNY Stock Forecast: Second Quarter 2023 Results and Recent Developments Delivered 27,841 vehicles by June, aiming for 60–70k deliveries in 2023: Polestar delivered nearly 28,000 vehicles by June and has ambitious plans to deliver between 60,000 to 70,000 vehicles in the entire year of 2023. Q2 saw 15,765 vehicle deliveries, a 36% YoY increase: In the second...
If you haven`t bought the dip on MULN: Then you should know that the retracement seems to be complete and the stock is ready for another leg up. You will need to wait for the reversal candle formation, or at least a doji, though. My next price target is $5.25. Looking forward to read your opinion about it.
2 Catalysts drove the price higher: 1. Foresight: Rail Vision Enters Electrically Powered Light Rail Vehicle Multi-Billion Dollar Market with Order from Knorr-Bremse. Rail Vision will supply two light rail vehicle system samples and will begin the system industrialization project for a total of 400,000 Euro Knorr-Bremse, a $17-billion European-based group,...
Fisker and Apple Partner Foxconn Set to Collaborate on Electric Vehicle Project Fisker and Foxconn sign Memorandum of Understanding (MOU) in support of global electric vehicle project. Will pioneer a new market segment and deliver industry-first innovations. Vehicle to be jointly developed and sold under the Fisker brand, including through the Fisker Flexee...
SOCMA and Greenland Technologies Sign Co-Operation Agreement to Support U.S. Production of Electric Industrial Vehicles $GTEC yesterday announced a co-operation agreement to utilize SOCMA's existing supply-chain and certain technologies. The agreement also represents a commitment by Greenland to invest in the U.S. as a key center of innovation in the global...
Chinese drone company EHang rebounds after short report Yesterday, the stock had plunged more than 60% after a short sell report from Wolfpack, claiming that EHang was largely fabri-- had largely fabricated revenues based on sham sales contracts. Now EHang today put out a statement saying that the report contains numerous errors, unsubstantial statements, and...
Beautiful wedge forming here, my guess is that it takes a day or two for price to close right around this level, and then a big break over. Of course this could bust through with conviction on high volume in one day, but more likely that it takes a day or two to set up. Can use the opportunity to position with long dated calls or shares, I think there’s a high...
CarParts.com Launches First Electric Vehicle & Hybrid Focused Shopping Hub This week launched a new dedicated shopping hub for the hybrid, plug-in hybrid, and electric vehicle (EV) community. The ecommerce retailer is transforming the way drivers shop for auto parts, so naturally, building an online store for EVs and hybrids is the next big investment in the...
AEye Said in Talks to Go Public Via Cantor Blank-Check Firm CF Finance Acquisition Corp. III raised $230 million in IPO Artificial-perception startup AEye Inc. is in talks to go public through a merger with CF Finance Acquisition Corp. III, a Cantor Fitzgerald LP blank-check firm, according to people with knowledge of the matter. The valuation couldn’t...
WiMi Obtains Patent for New 3D Holographic Pulse Laser Processing Device to Further Advance the Application of Holographic Technology in EV Autonomous Driving and Other EV Areas WiMi Stock soars After Surprise Patent Announcement Wimi obtained a patent (the "Patent") for a three-dimensional ("3D") holographic pulse laser processing device for optical holography...
DPW Holdings stock soars as Coolisys's EV charger can now be preordered on Amazon DPW Holdings’ Coolisys Power Electronics Business Announces Pre-Orders for Residential Level 2 Electric Vehicle Chargers Have Begun on Amazon Coolisys is encouraged by the interest in its residential EV chargers on Amazon.com and is in conversations with additional online...
Proterra, Commercial Electric Vehicle Technology Leader, To Become Publicly Listed Through Transaction with ArcLight Clean Transition Corp. Provides Resources to Take Proterra's Proven Portfolio of Next Generation Electric Vehicle Technology to New Levels of Growth Includes $415 Million PIPE Investments Anchored by Daimler Trucks as well as Franklin Templeton,...
EV Startup Faraday Said in SPAC Merger Talks to Go Public Faraday & Future Inc., an electric-vehicle startup, is in talks to go public through a merger with Property Solutions Acquisition Corp., a blank-check firm, according to people with knowledge with the matter. The special purpose acquisition company is seeking to raise more than $400 million in equity to...
EVBox Group to Become Public Company via Business Combination with TPG Pace Beneficial Finance EVBox is a leading global provider of smart charging solutions for electric vehicles ("EV") with Europe’s largest installed base of charging solutions and the most advanced cloud-based software offering. ENGIE to Retain 40+% Ownership Institutional Investors Including...
indie Semiconductor Enters Definitive Merger Agreement with Thunder Bridge Acquisition II, Ltd. indie Semiconductor is a leading pure-play provider of next-generation semiconductor and software solutions for the rapidly growing Autotech market, enabling ADAS/Autonomous, Connectivity, User Experience and Vehicle Electrification applications Business combination...
Former GM Executive to Start a Blank-Check Company Qell Acqusition corp Engle has co-founded a SPAC called Qell Acquisition Corp., using his own cash and a healthy slug of money from PIMCO Investment Management, the giant investment firm with almost $2 trillion in assets. And why not? While GM has beaten market returns by a few points this year, most auto...
EV Company Electric Last Mile to List on Nasdaq Through Merger With Forum Merger III Corporation Pro forma implied equity value of the combined company is approximately $1.4 billion ELMS expects to launch its Urban Delivery van as the first electric Class 1 commercial vehicle in the U.S. market in the third quarter of 2021 Transaction supported by approximately...
Cramer Says This EV Startup Has The 'Best Claim To Be The Son Of Tesla,' Gives Blessing To Buy SPAC Stock The “Mad Money” host said on his CNBC show that if the stock “comes down below $17.50, you can buy it hand over fist, because this one has the best claim to be the son of Tesla — or daughter, to break the tyranny of that awful cliche.” The automaker, backed...