Since launching in 2011, Gogorohas grown into an EV battery swap leader. Gogoro released its Q2 earnings results yesterday, signaling a cautious but optimistic road ahead in the second half of 2022. Today, Gogoro offers one of the world’s most extensive battery swapping networks. In fact, over the past six …
Read More »The government of Ukraine ends restrictions on the export of corn and sunflower oil
The Ukrainian government website reported on Friday that the government has removed the requirement to obtain export licenses for corn and sunflower oil for the 2021-2022 season. Ukraine had suspended exports of some grains, salt, sugar, meat and livestock as it battled an invasion by Russian military forces, and loaned …
Read More »Cash Crunch Drives Wild Moves In Commodities
Exchanges and brokers are demanding more money up front to trade oil, wheat and natural gas, straining markets already dealing with supply disruptions from the Ukraine war. Commodity prices are hot right now. But the prices investors are paying in the open market for commodities like coffee, copper or corn …
Read More »Tesla Shares Jump On Musk’s Tweet
Tesla shares were trading 3.49% higher at $902.05 (Tesla, Inc.’s TSLA +3.88%) late during Friday’s session on the back of a Thursday tweet by CEO Elon Musk seems to be helping the company’s stock. All the tweet said is “working on Master Plan Part 3,” but people who follow the …
Read More »Nickel prices fell 12% on the London Metal Exchange
3-month nickel contracts retraced 12% on Friday morning to new trading levels, as heavy selling continued in the international metals markets. The price reached 36,915 dollars per metric ton with the opening of trading on the London Metal Exchange. Nickel prices doubled within hours on March 8, surpassing $100,000 a …
Read More »Tesla hikes Vehicle Prices After Elon Musk’s Inflation Warning
Tesla is raising prices for its entire electric car lineup – a move that came days after CEO Elon Musk warned the firm was under “significant” inflationary pressure given the rising cost of key commodities following the Russian invasion of Ukraine.For example, Tesla’s cheapest available car, the Model 3 with …
Read More »Toyota Suspends All Domestic Factory Operations Over Suspected Cyber Attack
Toyota Motor Co. said it will suspend all local factory operations on Tuesday, losing production of about 13,000 cars, after a company that supplies it with plastic parts and electronic components was subjected to a suspected cyber attack. No information was available yet on who was behind the attack or …
Read More »China’s Evergrande Sales Drop 39% in 2021
The total sales of Evergrande, the Chinese real estate developer, declined in 2021 by 39% to 443 billion yuan, or 69 billion dollars, from 723 billion yuan in 2020. It is reported that the company’s shares were suspended from trading on the Hong Kong Stock Exchange on January 3, as …
Read More »Nio Shares Were Up, Then Down Monday
After revealing a new sedan last week, rumors are whirling around the Nio’s next big announcement. The electric vehicle maker has plans to contend with competition that is growing in the world’s largest auto market.Investors in Nio (NYSE:NIO) have been hesitant and mostly unable to decide whether to start off …
Read More »Strong Q4 Deliveries Push Tesla Stock To Flash Buy Signal
Tesla’s earnings as well as deliveries are expected to jump year-over-year when Elon Musk’s carmaker reports fourth-quarter figures in early January. Tesla stock rose Monday, rising to a trendline buy point.The maker of upscale electric cars could report Q4 deliveries as early as 1 January and as late as 5 …
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