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X @The Wall Street Journal
Factory shipments rose 0.6% on month in December, driven by sales of motor vehicles and food products. https://t.co/RRC2cdw4aa ...
GreenPower Regains Compliance with Nasdaq's Equity Requirement
Prnewswire· 2026-02-16 13:30
Core Viewpoint - GreenPower Motor Company has regained compliance with Nasdaq's equity requirement, allowing it to continue trading on the Nasdaq Capital Market [1] Financial Transactions - The company raised new capital through an equity offering of Series A Convertible Preferred Shares for up to $18 million [1] - GreenPower secured term loans totaling $5 million and established a new banking relationship with CIBC, which includes a line of credit and term loan [1] - The company exchanged $7 million of related party loans for convertible debentures and $3 million of related party loans for Series B Convertible Preferred Shares [1] Compliance and Monitoring - Despite regaining compliance, GreenPower will be monitored by a Panel for one year [1] - If the company fails to maintain compliance during this period, it may face delisting without the opportunity to present a compliance plan [1] - The company retains the right to request a hearing before the Hearings Panel, which would stay any suspension or delisting action pending the hearing process [1] Company Overview - GreenPower designs, builds, and distributes a range of all-electric medium and heavy-duty vehicles, including transit buses, school buses, shuttles, and cargo vans [1] - The company employs a clean-sheet design approach to manufacture zero-emission vehicles, integrating global suppliers for key components [1]
Stellantis to Announce Full Year 2025 Results on February 26
Globenewswire· 2026-02-16 13:02
Core Viewpoint - Stellantis N.V. will announce its Full Year 2025 Results on February 26, 2026, with a live audio webcast and conference call scheduled for the same day [2][3]. Group 1: Announcement Details - The Full Year 2025 Results will be released on Thursday, February 26, 2026, at 2:00 p.m. CET / 8:00 a.m. EST [2]. - A live audio webcast and conference call will be held on the same date and time [2]. - Related press release and presentation materials will be available on the Stellantis corporate website at approximately 8:00 a.m. CET / 2:00 a.m. EST on February 26, 2026 [3]. Group 2: Company Overview - Stellantis N.V. is a leading global automaker with a diverse portfolio of brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move, and Leasys [3]. - The company is focused on providing customers with freedom of movement, embracing the latest technologies, and creating value for stakeholders [3].
Stellantis to Announce Full Year 2025 Results on February 26
Globenewswire· 2026-02-16 13:02
Core Viewpoint - Stellantis N.V. will announce its Full Year 2025 Results on February 26, 2026, with a live audio webcast and conference call scheduled for the same day [2][3]. Group 1: Announcement Details - The Full Year 2025 Results will be released on Thursday, February 26, 2026, at 2:00 p.m. CET / 8:00 a.m. EST [2]. - A live audio webcast and conference call will be available for stakeholders to participate in the announcement [2]. - Presentation materials and the related press release will be posted on the Investors section of the Stellantis corporate website at approximately 8:00 a.m. CET / 2:00 a.m. EST on the same day [3]. Group 2: Company Overview - Stellantis N.V. is a leading global automaker with a diverse portfolio of brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move, and Leasys [3]. - The company is focused on providing customers with the freedom to choose their mobility solutions while embracing the latest technologies [3].
首批625亿元国补到位,车市火爆,有车型价格6万送2万权益
21世纪经济报道· 2026-02-16 12:00
Core Viewpoint - The article highlights the significant boost in the automotive market, particularly in the electric vehicle (EV) sector, driven by government subsidies and the traditional consumption peak during the Spring Festival, showcasing the growing potential in lower-tier cities and rural areas [1][9]. Group 1: Government Initiatives and Market Response - The "Lego New Year" special event launched by the Ministry of Commerce and nine other departments has allocated 625 billion yuan in national subsidies, with local consumer red envelopes and corporate discounts being actively distributed [1]. - The continuation of national subsidies has led to increased foot traffic and sales in automotive showrooms, particularly for vehicles priced between 60,000 to 100,000 yuan [1]. Group 2: Competitive Landscape - Automotive brands are increasingly opening stores in prime locations such as shopping malls, indicating heightened competition and a strategic shift to capture consumer attention [4]. - Price remains the decisive factor for consumers in lower-tier cities, with brands like Extreme Fox promoting models under 100,000 yuan and offering significant incentives [5]. Group 3: Consumer Preferences and Trends - There is a growing acceptance of EVs in rural areas, with sales of EVs in these markets expected to outpace urban areas, driven by government initiatives and consumer demand [9]. - Consumers express a preference for EVs, particularly in the 100,000 to 200,000 yuan range, while also showing concerns about battery range and charging infrastructure [6][10]. Group 4: Charging Infrastructure Development - The construction of charging facilities is rapidly increasing, with projections indicating that by the end of 2025, there will be approximately 20.09 million charging points in China, marking a 49.7% year-on-year growth [11]. - The government of Henan province plans to build 29,000 new public charging points by 2025, significantly enhancing the charging network and alleviating range anxiety for EV owners [11]. Group 5: Future Market Outlook - The Chinese automotive market is expected to peak at around 40 million units, with future growth primarily occurring in lower-tier cities and rural areas, driven by favorable policies and infrastructure improvements [12].
X @The Economist
The Economist· 2026-02-16 11:40
American carmakers began shifting their portfolios back to combustion-engine vehicles in anticipation of the repeal. They could lose ground to foreign carmakers who are electrifying rapidly https://t.co/TQs6LGNONz ...
JSW MG to invest Rs40bn to expand Halol plant capacity in India – report
Yahoo Finance· 2026-02-16 11:26
Core Viewpoint - JSW MG Motor plans to invest up to Rs40 billion ($441 million) to expand its Halol plant capacity in Gujarat, significantly increasing annual production from 110,000 units to 300,000 units [1][2]. Group 1: Investment and Capacity Expansion - The investment will modernize the facility's paint and body shops and support new hybrid and electric vehicle launches [1]. - The planned expansion is one of the largest capital commitments since JSW Group acquired a majority stake in the joint venture with SAIC Motor in 2024 [2]. - The initial stage of the capacity increase will be financed through internal accruals, with required approvals already in place for spending this year [3]. Group 2: Market Position and Sales Performance - JSW MG's share of India's electric vehicle market has increased from under 10% two years ago to around 30% in 2025, driven by the Windsor electric multi-purpose vehicle [4]. - Retail sales rose approximately 35% and revenue grew 27% in calendar 2025, compared to industry growth of 5% to 6% [2]. Group 3: Future Product Plans - The company intends to introduce three to four models in 2026, including one battery electric vehicle and one plug-in hybrid, utilizing flexible multi-powertrain architectures [2]. - Discussions are ongoing between partners regarding the next phase of expansion and potential external fundraising options as investment accelerates [3]. Group 4: Localization Efforts - Alongside the production ramp-up, the company is increasing localization efforts to reduce foreign-exchange exposure and improve margins [4].
X @Bloomberg
Bloomberg· 2026-02-16 11:09
As Prime Minister Mark Carney lowers tariffs on imports of Chinese electric vehicles, new polling suggests that Canadians are becoming much more open to buying the cars https://t.co/PSASaOAq2y ...
US Markets Observe Presidents’ Day as Futures Edge Higher Following Cooling Inflation Data
Stock Market News· 2026-02-16 11:08
Market Overview - The U.S. stock market is closed on February 16, 2026, for Presidents' Day, but global financial activity remains focused on the previous week's momentum and U.S. equity futures [1] - U.S. stock futures showed modest gains, with S&P 500 futures up 0.2% and Dow Jones futures also up 0.2%, indicating a cautiously optimistic start to the week [2] Economic Outlook - The latest Consumer Price Index (CPI) data indicates U.S. inflation cooled to 2.4% year-over-year in January, down from 2.7% in December, reviving hopes for multiple interest rate cuts in 2026 [3] - The yield on the 10-year U.S. Treasury remained flat at 4.052%, suggesting stabilization after previous volatility, with analysts anticipating potential interest rate cuts if economic data continues to show easing price pressures [4] Major Stock News - Apple (AAPL) is in focus after announcing a partnership to integrate Alphabet (GOOGL)'s Gemini AI models into Siri, with shares trading between $254.98 and $264.16 [5] - Alphabet reached a historic market capitalization of $3 trillion, joining Microsoft (MSFT) and Nvidia (NVDA) [5] - Nvidia (NVDA) saw a stock decline of 2.2% amid concerns over software industry disruptions from rapid AI advancements [6] - Tesla (TSLA) continues to experience high volatility as the market evaluates its shift towards autonomous driving software [6] - Coinbase (COIN) surged 16.46% due to a rally in cryptocurrency markets, while Applied Materials (AMAT) gained 8.08% following a strong earnings report [7] Global Market Performance - International markets remain active, with India's Sensex rising 650 points to close at 83,277.15, driven by banking stocks [8] - European markets showed upward trends, with the Stoxx Europe 600 climbing 0.3% [8] - Asian markets were mixed, with Japan's Nikkei 225 declining 0.2% due to disappointing GDP data, while Chinese markets were closed for the Lunar New Year [8] Upcoming Events - The earnings calendar for the week includes high-profile releases from Walmart (WMT), Home Depot (HD), Cisco Systems (CSCO), Alibaba (BABA), and Baidu (BIDU), which will provide insights into global consumer health and enterprise technology spending [9][10]
吉利汽车(00175.HK)2月16日耗资2828.1万港元回购168万股
Ge Long Hui· 2026-02-16 10:33
Group 1 - The core point of the article is that Geely Automobile (00175.HK) announced a share buyback on February 16, spending HKD 28.281 million to repurchase 1.68 million shares [1] Group 2 - The buyback reflects the company's strategy to enhance shareholder value and may indicate confidence in its future performance [1] - The repurchased shares represent a significant investment in the company's own equity, which could positively influence market perception [1] - The timing of the buyback may suggest that the company believes its shares are undervalued at current market prices [1]