Electric vehicle transition

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Could Buying Ferrari Stock Today Set You Up for Life?
The Motley Fool· 2025-10-18 07:50
Ferrari's exclusive supercars are in high demand and are very profitable.Ferrari (RACE 1.75%) garnered a lot of attention lately when the luxury automaker held its Capital Markets Day, where management issued 2030 guidance that was slightly lower than expected. Many investors sold off the stock as a result. Ferrari investors have enjoyed years of strong earnings and returns -- the stock is up 578% over the past decade -- which may have set expectations too high.In the wake of Ferrari having its worst-ever t ...
With Customers at the Core, VinFast Makes EV First Steps Easier
Businesswire· 2025-10-09 12:28
Core Insights - Many Canadians are hesitant to switch to electric vehicles, indicating a need for companies like VinFast to address not only cost and charging infrastructure but also the psychological barriers that affect consumer confidence [1] Industry Overview - The electric vehicle market in Canada is experiencing a decline, with zero-emission vehicles representing only 9.2 percent of new registrations in Q2 2025, down from 9.7 percent in Q1 2025 [1]
Elettrica EV launch marks Ferrari's push for 20% electric lineup by 2030
Reuters· 2025-10-09 08:03
Core Viewpoint - Ferrari plans to maintain petrol and hybrid models as the core of its lineup, with fully electric vehicles (EVs) expected to represent only 20% of its range by 2030 [1] Group 1 - The company emphasizes the continued importance of traditional combustion engines in its product offerings [1] - Ferrari's strategy reflects a cautious approach to the transition towards electrification in the luxury sports car market [1] - The decision to limit EVs to 20% of the lineup indicates a focus on preserving brand identity and performance characteristics associated with petrol and hybrid models [1]
Volvo Cars to produce new vehicle in US as tariffs pressure auto supply chains
New York Post· 2025-09-23 19:29
Core Viewpoint - Volvo Cars is planning to produce a new hybrid model in the US to enhance its local manufacturing capabilities and mitigate the impact of tariffs imposed by the Trump administration [1][3]. Group 1: Production Plans - The company aims to add a next-generation hybrid model to the production line at its Ridgeville, South Carolina plant before 2030 [1][5]. - Currently, the Ridgeville plant produces the fully electric EX90 SUV and the luxury electric Polestar 3 [7]. Group 2: Strategic Importance - The Charleston plant is considered foundational to Volvo's strategic growth plan in the US [2]. - By introducing another model into production, Volvo intends to maximize its local manufacturing investments and workforce potential [3]. Group 3: Tariff Impact - Imported vehicles are currently facing a 27.5% import duty due to tariffs imposed by the Trump administration [4][7]. - In response to these tariffs, Volvo has been adjusting its supply chain and announced plans to increase vehicle production in the US [4]. Group 4: Market Position - Volvo is celebrating its 70th anniversary in the US and has emerged as a significant player in the electric vehicle industry, with a commitment to phase out non-electric models by 2030, although it has decided to retain hybrid models in its lineup [3][7].
Nissan shares fall over 6% as Mercedes-Benz plans to shed 3.8% stake
CNBC· 2025-08-26 03:08
A brand new Nissan car is displayed on the sales lot at Golden State Nissan on March 26, 2025 in Colma, California.Nissan Motor shares tumbled on Tuesday after Mercedes-Benz announced plans to offload its 3.8% holding in the Japanese automaker.Tokyo-listed shares of Nissan declined as much as 6.7% before paring some losses to trade 6% lower.Mercedes-Benz's pension trust will divest its stake worth roughly $346 million in Nissan Motor, a company spokesperson reportedly said on Monday. The spokesperson added ...