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Tesla Rival BYD's China Factory Is 6 Times Bigger Than TSLA's Texas Gigafactory - BYD (OTC:BYDDY)
Benzinga· 2025-11-10 08:21
Tesla Inc. (NASDAQ:TSLA) rival BYD Co.'s (OTC:BYDDY) (OTC:BYDDF) production facility in Zhengzhou, China, is getting bigger.Check out the current price of TSLA here.Satellite Images Show ExpansionA series of satellite images obtained by Business Insider on Friday showcased that BYD's Zhengzhou site has grown to 22.5 square kilometers, employing roughly 60,000 workers—making it six times larger than Tesla's 3.53-square-kilometer Gigafactory in Texas, the EV maker's largest production site.The Chinese automak ...
Rivian Loses Steam on Mixed Signals; Trades Below Tesla
Benzinga· 2025-11-07 17:56
Rivian Automotive, Inc. (NASDAQ:RIVN) shares slipped Friday as investors weighed mixed signals following the company’s third-quarter update.RIVN is among today’s weakest performers. Check the full analysis hereMomentum has cooled despite strong growth, with Wall Street parsing comments about future scale and cash needs.On November 4, the EV company announced third-quarter total revenue of $1.56 billion, representing an 78% year-over-year increase, surpassing the Street consensus estimate of $1.50 billion.Al ...
Ford reportedly considers ending production of all-electric F-150 Lightning
CNBC· 2025-11-06 21:00
The Ford Lightning is seen at the New York International Auto Show on April 16, 2025.DETROIT — Ford Motor is reportedly considering ending production of its all-electric F-150 Lightning pickup truck amid mounting losses and more challenging market conditions for EVs.The Wall Street Journal first reported the talks Thursday, adding they are ongoing and nothing has been finalized. A source familiar with Ford's product strategy confirmed to CNBC that the company has been evaluating its future EVs amid the comp ...
Ford may scrap money-losing F-150 electric truck: report
New York Post· 2025-11-06 20:07
Ford executives are considering scrapping the electric version of the F-150 pickup truck, the Wall Street Journal reported Thursday, citing people familiar with the matter.Ford declined to comment on the matter, but said that it was focused on producing gas and hybrid powered variants of its F-150 as it recovers from the fire at Novelis.Ford is reportedly considering scrapping the electric F-150 Lightning truck, above. REUTERSLast month, a union official told Reuters that Ford was pausing production at the ...
Ford execs reportedly discuss ending the F-150 Lightning
TechCrunch· 2025-11-06 20:02
In Brief Executives at Ford are considering killing its flagship electric pickup truck, the F-150 Lightning, according to The Wall Street Journal.The discussions are happening in the wake of Ford’s late October decision to idle F-150 Lightning production while it prioritizes hybrid and gas-engine versions of the popular pickup. The company’s been dealing with production troubles after a fire broke out at aluminum supplier Novelis’ factory in Oswego, New York, earlier this year. Ford introduced the F-150 Li ...
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Top Wind Energy Stocks to Add to Your Portfolio for Long-Term Growth
ZACKS· 2025-11-06 17:16
Core Insights - The transition towards renewable energy is accelerating, with wind power emerging as a significant contributor to the clean energy shift [1][2] - The U.S. wind power capacity reached over 154 gigawatts (GW) by the end of 2024, accounting for approximately 10% of total utility-scale electricity generation [2][9] - Key factors driving the growth of wind energy include abundant supply, lower production costs, and increasing demand from power and transportation sectors [2][3] Industry Trends - The wind energy market is benefiting from robust electricity demand, particularly from AI-powered data centers and the adoption of electric vehicles (EVs) [3] - The U.S. grid is expected to add over seven GW of wind generation capacity in 2025, indicating strong growth prospects [3] - Despite changes in federal policy regarding offshore wind projects, the sector continues to expand, supported by large projects like the 800-megawatt Vineyard Wind 1 in Massachusetts [4] Investment Opportunities - The wind energy sector is viewed as an attractive investment theme, with companies like Duke Energy, Dominion Energy, PG&E, and Portland General Electric being highlighted for their growth potential [5][9] - Duke Energy is focusing on expanding its renewable generation portfolio, with plans to bring 1,200 MW of onshore wind online by 2033 and significant offshore wind targets by 2035 [9][11] - Dominion Energy plans to invest $12.1 billion in 2025 and nearly $50 billion from 2025 to 2029 to enhance its renewable energy capacity, aiming for over 15% annual growth in renewable energy over the next 15 years [11][12] Company Profiles - Duke Energy is enhancing its renewable generation portfolio and has completed projects like the Sundance Renewable Energy Center, which reduces CO2 emissions [8][9] - Dominion Energy is advancing its Coastal Virginia Offshore Wind project, which is nearly 66% complete and will provide 2.6 GW of clean electricity [12] - PG&E is focusing on optimizing its generation margins and diversifying into alternative power sources, with expected growth driven by favorable regulatory decisions [14][15] - Portland General Electric is expanding its renewable portfolio and plans to add significant clean power generation assets, benefiting from strong industrial load growth [16][17]
Hyosung to acquire Umicore’s battery materials unit EMM
Yahoo Finance· 2025-11-06 09:33
South Korea’s HS Hyosung Advanced Materials Corporation (Hyosung) is expanding into the battery materials sector with the acquisition of a majority stake in a subsidiary of Belgian materials technology and recycling group Umicore BV. Hyosung has agreed to acquire an 80% stake in Extra Mile Materials BV, a developer of silicon composite anode materials headquartered in Brussels, with Umicore retaining a 20% stake. The acquisition will allow the South Korean company to enter a “rapidly growing” global batte ...
What Are Wall Street Analysts' Target Price for Applied Materials Stock?
Yahoo Finance· 2025-11-06 04:50
Valued at a market cap of $183.4 billion, Applied Materials, Inc. (AMAT) provides manufacturing equipment, services, and software used to produce semiconductor chips, displays, and other advanced electronics. The Santa Clara, California-based company plays a critical role in enabling the development of cutting-edge technologies such as artificial intelligence, 5G, and electric vehicles by helping chipmakers and display manufacturers improve performance, efficiency, and scalability in their production proce ...
Lucid (LCID) - 2025 Q3 - Earnings Call Transcript
2025-11-05 23:30
Lucid Group (NasdaqGS:LCID) Q3 2025 Earnings Call November 05, 2025 05:30 PM ET Speaker2Good day and welcome to Lucid Group's third quarter 2025 earnings call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. To ask a question during this session, you will need to press star 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, press star 11 again. Please be ...