Autonomous driving is no longer a futuristic dream but is becoming a present-day reality. While U.S. giants, including Tesla (TSLA) and Alphabet’s Waymo, have been making great strides in the technological revolution, Chinese automakers are ready to hit the road with their self-driving cars.China's Ministry of Industry and Information Technology recently approved a list of nine domestic automakers who will begin testing their autonomous vehicles (AVs) on specific Chinese roads, marking a significant milesto ...

Urban transportation is arriving at an inflection point in its history. The high proliferation of lithium-ion batteries, coupled with their increasing sophistication, has ushered in an age for electric vehicles (EVs). The popularity of Tesla (NASDAQ:TSLA), albeit slow at first, helped to ultimately pave the road for other successful EV companies, on the one hand and gave potential car consumers the confidence to choose an electric vehicle over a conventional combustion engine one, on the other hand. However ...

In the world of EV stocks, Tesla (NASDAQ:TSLA) stock remains king. The U.S. EV maker continues to demand the highest valuation of its peers and is among the most noted and respected brands in the space.However, a series of macro and company-specific issues have hit this stock over the past year. Demand for EVs has waned, as consumers appear to be nearing their limits in terms of the amount they can borrow, given where interest rates are. This has led to sector-wide price cuts, with Tesla leading the way. Mo ...

In pursuing robust market gains, investors usually turn to high-risk growth stocks. These stocks have underlying businesses that continue to grow their top lines at a rapid clip, presenting enticing opportunities for upside potential, especially during a bullish market. With the stock market buoyed by healthy gains and prospects of upcoming rate cuts, the timing is ideal for wagering on high-risk growth stocks. Many of these companies boast a healthy track record of growth across both lines. Moreover, they ...

Thomas Barwick/DigitalVision via Getty Images If one had to point out the main rival of Tesla one would almost certainly end up with BYD (OTCPK:BYDDF) (OTCPK:BYDDY), the Chinese battery and EV producer who for a brief period produced even more EVs than Tesla, and could very well overtake them again soon. We discussed BYD more fundamentally here in early April and came away very impressed (and we're not the only ones) as they have managed to gain ground rapidly on its main international rival Tesla (TSLA), w ...

Chinese EV stocks to buy have taken the market by storm, with BYD (OTCMKTS:BYDDF) leading the charge as a clear frontrunner. Not only have they dominated the domestic market, but they continue to spread their tentacles across the globe. Chinese EV exports shot up by 77% in 2023, reaching 1.2 million cars. Moreover, BYD knocked EV pioneer Tesla (NASDAQ:TSLA) off its perch to become the largest seller of battery EVs during the fourth-quarter (Q4) of 2023.However, with the Biden Administration’s sweeping tarif ...

Grupo Fame’s dealership location in Querétaro, Mexico, now features Blink Level 2 chargers on site, with DC fast chargers utilizing GBT ports coming soon. Bowie, Md., May 21, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and services, today announced it has been selected by official BYD dealership group, Grupo Fame, one of the largest dealership groups in Mexico, t ...

Should Ford Be Afraid of New BYD Pickup? TennesseePhotographer / iStock Editorial via Getty Images 24/7 Insights Ford Motor Co. (NYSE: F) depends on sales of the bestselling F-Series pickups. Chinese EV maker BYD is set to launch a plug-in hybrid pickup in North America. There may be a collision coming. Ford Motor Co. (NYSE: F) sold 217,511 of its F-Series pickups in the first four months of 2024. That mostly includes the F-150, which has been the best-selling vehicle in the United States for four decades. ...

Electric vehicle (EV) stocks have sparked divisive opinions among investors over the past few years. Though some feel that EVs still boast significant growth potential, others remain skeptical. Hence, given the market uncertainty, it may be an opportune time to pounce on the best EV stocks to buy.The sector is up against multiple obstacles at this time, with the industry’s finest shedding a ton of value. You know when a sector is in duress when the bellwethers post year-over-year (YOY) growth in deliveries ...

The stock market is currently under pressure, as the U.S. economic report last week indicated a significant slowdown in growth and persistent inflation issues. Amidst this downturn, savvy investors are looking for EV stocks to buy.The U.S. GDP grew by only 1.6% in the first quarter, below the anticipated 2.4% growth rate, as reported by the Bureau of Economic Analysis. Moreover, the personal consumption expenditures price index rose to 3.4%, up from 1.8% in the previous quarter, signaling ongoing inflationa ...