Tag: Automotive

Tesla Shares Drop on China Price Cuts and German Plant Shutdown

Tesla Inc. shares dropped in early trading after the carmaker cut prices again in China and said its lone European factory will be disrupted by attacks in the Red Sea.

Autohellas: Έγκριση από την Επ. Κεφαλαιαγοράς του ΚΟΔ έως 200 εκατ. – Στις 17/1 ξεκινά η δημόσια προσφορά

Το καλοκαίρι του 2025 θα τεθεί σε εμπορική λειτουργία η ηλεκτρική διασύνδεση Κρήτη-Αττική, όπως δήλωσε χθες ο Πρόεδρος και Διευθύνων Σύμβουλος του ΑΔΜΗΕ, Μάνος Μανουσάκης. 

Hertz to sell about 20,000 EVs from US fleet

 Hertz Global Holdings said on Thursday it would sell about 20,000 of its electric vehicles (EVs) from its U.S. fleet, or about one-third of the global EV fleet.

ΕΧΑΕ: Ενέκρινε την εισαγωγή 200.000 ομολογιών της Autohellas στην κατηγορία Τίτλων Σταθερού Εισοδήματος

Το Χρηματιστήριο Αθηνών, κατόπιν της σημερινής συνεδρίασης της Επιτροπής Εισαγωγών και Λειτουργίας Αγορών, ενέκρινε την εισαγωγή προς διαπραγμάτευση στην Κατηγορία Τίτλων Σταθερού Εισοδήματος της Ρυθμιζόμενης Αγοράς του Χρηματιστηρίου Αθηνών έως 200.000 κοινών ονομαστικών ομολογιών της εταιρείας Autohellas, οι οποίες θα προκύψουν από την έκδοση Κοινού Ομολογιακού Δανείου έως €200.000.000.

BMW hits 2023 sales target, on track for EV goals in 2024

 BMW Group reported record sales of over 2.5 million units in 2023 and hit its target of a 15% share of battery-electric vehicles, the carmaker said on Tuesday.

Autohellas: Προχωρά στην έκδοση retail bond έως 200 εκατ. ευρώ

Στην έκδοση retail bond έως 200 εκατ. ευρώ προχωρά η Autohellas, σύμφωνα με ανακοίνωσή της.

Mobileye Gets Design Win From Big Western Auto Maker

Mobileye stock has had a rocky start to the New Year, so far plunging 30% after the provider of autonomous driving systems provided a disappointing outlook for both the first quarter and the balance of 2024.

Mobileye expects chip supply glut to hit 2024 revenue, shares fall

Self-driving technology company Mobileye Global  warned on Thursday that a pullback in orders from customers clearing excess inventory will batter its revenue this year, sparking a selloff in the shares of auto chip suppliers.

Π. Πετρόπουλος: Άκυρος ο τέταρτος διαγωνισμός για ηλεκτρικά λεωφορεία

Ακυρώθηκε τελικά για τεχνικούς λόγους το τέταρτο τμήμα του διαγωνισμού του Υπουργείου Μεταφορών που αφορούσε την προμήθεια εκατό απλών ηλεκτρικών αστικών λεωφορείων μήκους δώδεκα μέτρων και ελάχιστης αυτονομίας 135 χιλιομέτρων.

Ελληνικά εταιρικά ομόλογα: Μπαίνουν με φόρα στο 2024

Οι εκδόσεις αφορούν τα ομόλογα που σχεδιάζουν η Autohellas του ομίλου Βασιλάκη με στόχο την άντληση έως και 200 εκατ. ευρώ και η Intralot του ομίλου Κόκκαλη με σχεδιασμό την άντληση έως 130 εκατ. ευρώ.

China’s Xiaomi unveils its first EV as it looks to compete with Porsche, Tesla

Chinese consumer electronics company Xiaomi on Thursday detailed plans to enter China’s oversaturated electric vehicle market and compete with automaker giants Tesla and Porsche with a car model it says it spent more than 10 billion yuan ($1.4 billion) to develop.

Strong demand from US and Europe helps Toyota hit annual production record

Global production for Toyota, the world’s biggest carmaker by sales, has reached an all-time annual high with one month left of 2023, in a vindication of a strategy often criticised for not putting enough emphasis on selling pure electric vehicles.

China’s Nio launches flagship EV to take on Maybach, Panamera

Chinese electric car maker Nio on Saturday unveiled a flagship model featuring self-developed technologies including semiconductors, betting they would help prop up earnings, as a bruising price war and slowing car demand weigh on profitability.

Honda to recall over 2.5 million US vehicles – NHTSA

Honda Motor’s American unit is recalling about 2.5 million vehicles over risks of fuel pump failure that can cause an engine stall while driving and increase the chances of a crash, the National Highway Traffic Safety Administration said.

Toyota shares slide 4% after vehicle recall, Daihatsu safety issues

The sharp fall came after Toyota announced a recall of about a million vehicles on Thursday.

CarMax Stock Is Soaring. Buybacks Resumed, and Earnings Beat.

CarMax stock rose sharply after the used-car retailer reported a mixed quarter, and resumed share buybacks.

NIO Stock Surges. The EV Maker Is Getting a $2.2 Billion Investment.

NIO shares were climbing Monday after Chinese-electric vehicle maker said it would be receiving a further $2.2 billion investment from Abu Dhabi-based investor CYVN Holdings.

GM Cruise Is Laying Off 24% of Its Staff Amid Robotaxi Crash Probe. GM Stock Is Rising.

The problems at General Motors ’ robotaxi business are mounting. Key personnel are leaving and hundreds are being laid off. The company said, however, that the latest shake-up was needed to improve safety and rebuild public trust.

Tesla recalls nearly all vehicles sold in U.S. to fix system that monitors drivers using Autopilot

Tesla is recalling nearly all of the vehicles it sold in the U.S., more than 2 million across its model lineup, to fix a defective system that’s supposed to ensure drivers are paying attention when they use Autopilot.

XPeng EV Deliveries Set a Record. The Stock Is Down.

Deliveries at Chinese battery electric vehicle makers Li Auto , XPeng , and NIO set a record in November.