James Bullard, president of Federal Reserve Bank of St. Louis, at the Jackson Hole economic symposium, in Moran, Wyoming, U.S., on Thursday, Aug. 22, 2019. David Paul Morris | Bloomberg…
Tag: fall
Chinese EV stocks Nio, BYD, Li Auto, Xpeng fall sharply amid selloff
Nio started deliveries of its new ET7, an upscale electrical sedan, on Monday, March 28, 2022. Nio U.S.-traded shares of Chinese electrical auto makers had been between individuals hit by…
Tesla shares fall after Elon Musk’s firm cuts price of cars in China
Tesla CEO Elon Musk attends an opening ceremony for Tesla China-designed Model Y software in Shanghai, east China, Jan. 7, 2020. Ding Ting | Xinhua News Company | Getty Images…
China extends EV tax break; Li Auto shares fall after delivery outlook cut
Li Automobile warned that “supply chain constraint” would mean the organization will deliver less automobiles than expected in the third quarter. In the meantime, China has prolonged a tax exemption…
Convertible sales fall in U.S. amid popularity of EVs, SUVs
2024 Ford Mustang Resource: Ford Convertibles — at the time a signal of open up-air independence, street visits and summertime adventures — are fading away as the vehicle market shifts…
Nio August EV deliveries grow while Xpeng, Li Auto fall; shares drop
Nio managed to increase deliveries of its electric cars in August as opposed to July. Having said that, rivals Li Auto and Xpeng noticed a sharp drop in deliveries. EV…
Ford’s first quarter sales fall 17% as automaker battles chip shortage
An employee is effective on the 40 millionth Ford Motor Co. F-Sequence truck on the assembly line at the Ford Dearborn Truck Plant on January 26, 2022 in Dearborn, Michigan.…