With how things are moving in the Electric Vehicle ("EV") market, I can’t help but spot a few investment-worthy candidates within the sector. Lucid Motors ( LCID ) and Rivian ( RIVN ) are some of the EV companiesRick is a Wall Street Journal best-selling author with over 20 years of experience trading stocks and options. The most authoritative publications, including Good Morning America, Washington Post, Yahoo Finance, MSN, Business Insider, NBC, FOX, CBS, and ABC News, cover his work. His passion is busin ...

Core Viewpoint - BRP Inc. will hold its first quarter FY2026 financial results conference call and Annual and Special Meeting of Shareholders on May 29, 2025, providing insights into the company's performance and future direction [1][2]. Financial Results Conference Call - The conference call for the first quarter FY2026 will take place at 9 a.m. EDT, where the CEO and CFO will present the results and answer analysts' questions [2]. - A press release detailing the financial results will be distributed on May 29 at approximately 6 a.m. EDT [3]. Annual and Special Meeting of Shareholders - The Annual and Special Meeting will be conducted virtually, allowing all shareholders to participate regardless of location [4]. - The meeting is scheduled for May 29, 2025, at 11 a.m. EDT, and will be accessible via webcast [5]. - Registered shareholders are encouraged to vote in advance and can submit questions via email before the meeting [7]. Company Overview - BRP Inc. is a global leader in powersports products, with annual sales of CA$7.8 billion and a workforce of approximately 16,500 as of January 31, 2025 [10]. - The company offers a diverse portfolio of brands, including Ski-Doo, Sea-Doo, and Can-Am, and is committed to developing electric models for its product lines [10].

Core Insights - Waymo has achieved a significant milestone of 10 million paid trips, doubling its trip count in just five months, indicating strong integration of its autonomous driving technology into users' daily lives [1][2] - The company is currently providing over 250,000 paid robotaxi rides weekly and has received approval to expand its service to more areas in the San Francisco Bay Area, including San Jose [3] - Despite the growth in rides, Waymo is not yet profitable, with a reported operating loss of $1.23 billion in the first quarter, up from $1.02 billion a year ago [3][4] Company Strategy - Waymo's co-CEO emphasized the focus on building a sustainable business model and believes there is a clear path to profitability [4] - The company prioritizes safety in its operations, having been active 24/7 for nearly five years, and differentiates itself from competitors by using sophisticated sensors like lidar and radar [5] Competitive Landscape - Waymo faces competition from Tesla, which plans to launch its own robotaxi service in Austin soon, with ambitions to expand to Los Angeles and San Francisco [4][5] - Tesla's approach relies on camera-based systems and computer vision, which Tesla claims is more ambitious than Waymo's method [5]

The U.S.-listed equity of Chinese autonomous-vehicle developer Pony AI (PONY 5.44%) accelerated well higher on Tuesday. Following the company's unveiling of its latest quarterly results, investors in this country sent its American depositary receipts (ADRs) almost 6% higher. That was miles ahead of the S&P 500 index's 0.4% decline. One fast Pony In its first quarter, Pony AI collected a bit under $14 million in revenue, up by nearly 12% from the slightly more than $12.5 million in the same period of 2024. I ...

Amazon’s autonomous vehicle unit Zoox is about to start mapping and gathering data in Atlanta, Georgia, a precursor to testing its self-driving vehicles and eventually offering public rides in the city.Atlanta will become the seventh city in the U.S. where Zoox is testing its vehicles. The company announced its testing plans just one day after Waymo — along with partner Uber — said it would start offering rides in its own robotaxis to early access users in Atlanta ahead of a larger public launch this summer ...

Core Insights - Blink Charging Co. is undergoing a strategic restructuring to enhance operational efficiency and support long-term growth under the BlinkForward initiative [1][3] - The company plans to reduce its global workforce by approximately 20%, aiming to streamline operations and align resources with strategic priorities, which is expected to save over $11 million annually [2][3] - Blink Charging is committed to providing support to affected employees through severance packages and transitional services [4] Financial Performance - In Q1 2025, Blink Charging reported total revenues of $20.8 million, a decrease from $37.6 million in Q1 2024, with gross profit falling to $7.4 million (35.5% of revenues) from $13.4 million (35.7% of revenues) [5] - Operating expenses decreased by 7.9% to $28.4 million compared to $30.9 million in Q1 2024 [5] - As of March 31, 2025, the company had cash, cash equivalents, and marketable securities totaling $42 million, down from $55 million at the end of 2024 [5] Industry Context - Tesla's revenues declined by 9% year over year to $19.3 billion in Q1 2025, with gross profit falling to $3.2 billion (16.3% of revenues) [7] - ChargePoint reported a 36% year-over-year increase in revenues to $75.3 million in Q1 2025, with gross profit rising to $9.3 million (12.4% of revenues) [8]

Core Insights - Mullen Automotive reported a significant increase in revenue for Q2 2025, achieving $5 million compared to $33,000 in Q2 2024, marking a growth of over 143 times [2][5] - The company's net loss decreased substantially from $132.4 million in Q2 2024 to approximately $47.1 million in Q2 2025 [5][23] - Mullen's total revenue for the six months ending March 31, 2025, was $7.9 million, with a notable reduction in cash spending from $120.9 million to $52.4 million during the same period [5][11] Financial Performance - The net loss attributable to common shareholders for the six months ended March 31, 2025, was $162.0 million, or $3,338.65 per share, compared to a net loss of $193.9 million, or $21,493,370.73 per share, for the same period in 2024 [5][12] - Non-cash expenses accounted for $118.5 million, or 73% of the total loss for the six months ended March 31, 2025, compared to $135.1 million (70%) in the previous year [6][12] - The company reported a gross loss of $5.7 million for the six months ended March 31, 2025, with operating expenses totaling $77.9 million [22] Operational Highlights - Mullen has secured orders for its commercial electric vehicles, including a $1.4 million order for 20 Class 3 vehicles from Cashflow on Wheels and additional orders from local governments and universities [3][8] - The company has entered a strategic partnership with EO Charging to provide electrification solutions for its commercial fleet customers [8] - Mullen's production of advanced lithium-ion batteries is set to begin in early 2026, with plans to integrate these batteries into its existing vehicle programs [8] Liquidity and Cash Flow - As of March 31, 2025, Mullen had total cash (including restricted cash) of $2.3 million, down from $10.7 million on September 30, 2024 [10] - The company reported a negative working capital of $156.1 million, which improves to $56.7 million when adding back derivative liabilities [10] - Cash spent on operating and investing activities decreased by 56.6%, from $120.9 million in 2024 to $52.4 million in 2025 [11] Recent Developments - Bollinger Motors, a majority-owned subsidiary of Mullen, was placed into court-appointed receivership on May 7, 2025, following a legal complaint regarding a breach of contract [13][14] - Mullen is exploring options to challenge this receivership and has engaged litigation counsel [13][15] - The company continues to expand its commercial dealer network and has received IRS approval for federal EV tax credits on its commercial vehicles [27]

"After 40 years with BRP, I honestly can't imagine a more meaningful way to mark this milestone than my team receiving this incredible recognition. I have the privilege of leading a team of 135 multidisciplinary design experts representing 21 countries and they are a daily source of pride and inspiration," said Denys Lapointe, Chief Design Officer at BRP. "What makes our team exceptional is not just the talent, but the way we push each other to grow and improve every single day. I'm still learning, still gr ...

据悉，目前小马智行与丰田、北汽、广汽三家车企，建立了密切的战略合作关系，共同推进第七代 Robotaxi前装量产。（文猛） 一季度，小马智行Robotaxi业务乘客车费收入增幅明显，同比增长800%。这一方面得益于小马智行在一 线城市付费Robotaxi服务的拓展：目前，小马智行Robotaxi商业化运营覆盖北上广深等地，总面积超 2000平方公里，几乎是美国旧金山城市面积的20倍，覆盖了中心城区、机场和高铁站等关键交通枢纽； 此外，得益于针对不同用户群体的精细化运营策略，一季度注册用户数量环比增长超20%。 一季度，降低成本成为小马智行推动Robotaxi规模化量产的关键一步。搭载第七代自动驾驶系统方案的 Robotaxi车型具备100%车规级零部件、自动驾驶套件总成本较前代下降70%、平台化适配设计等特点。 新浪科技讯 5月20日下午消息，自动驾驶企业小马智行发布未经审计的2025年第一季度财报。财报显 示，小马智行第一季度总营收为1.02亿元，同比增长12%；其中Robotaxi业务收入达1230万元，同比增 长200%。截至一季度末，现金等价物及长短期理财投资总额为53.59亿元。 小马智行联合创始人 ...

Core Insights - Alphabet's Waymo unit has received approval to expand its autonomous ride-hailing service to more areas in the San Francisco Bay Area, including San Jose [1][2] - The approval follows Waymo's submission of a passenger safety plan to the California Public Utilities Commission, which is essential for operating driverless vehicles in a larger region [2] - Waymo expressed excitement about the approval and indicated plans to extend its services in the Bay Area, although immediate operational changes are not expected [3] Summary by Sections - **Expansion Approval** - Waymo's driverless ride-hailing service will now cover more regions, specifically extending from San Francisco to the Peninsula and including San Jose [1][2] - **Regulatory Process** - The approval was granted after Waymo submitted a request to the California Public Utilities Commission in March, which included a new passenger safety plan [2] - **Company's Outlook** - Waymo is looking forward to bringing its services to a larger audience in the Bay Area, although no immediate operational changes will occur [3]