Lucid is slashing its workforce following a difficult 2025 for the electric vehicle maker, which struggled to boost production in a volatile auto market https://t.co/GwFVQtaPFg ...

Industry Overview - The Zacks Alternative Energy - Other industry is divided into two main groups: one focuses on the generation and distribution of alternative energy, while the other is involved in the development and installation of renewable projects [2] - Global investment in the energy transition reached a record $2.3 trillion in 2025, marking an 8% increase from the previous year, indicating strong growth opportunities for industry participants [2] Trends in Alternative Energy - Wind energy is rapidly growing due to government support, public concern about climate change, and decreasing costs, with projections indicating the global wind industry will reach its second terawatt of capacity by 2030 [3] - The global wind industry is expected to add approximately 9.1 GW of capacity annually over the next five years, totaling 46 GW by 2029, with cumulative capacity projected to reach 196.5 GW [3] - The electric vehicle (EV) market is also surging, with nearly 2.1 million EVs sold worldwide in December 2025, contributing to a total of 20.7 million units for the year [4] - The global EV market size is projected to reach $6,523.97 billion by 2030, growing at a CAGR of 32.5% from 2025 to 2030, benefiting clean energy companies [4] Cost Challenges - Rising costs due to higher steel prices and U.S. import tariffs are creating financial pressure for wind project developers, despite strong demand [5][6] - The expiration of key U.S. tax credits is expected to increase project costs significantly, making renewable energy development more expensive [7] Industry Performance - The Zacks Alternative Energy industry has outperformed the Zacks Oil-Energy sector and the S&P 500 composite over the past year, with a collective stock surge of 33.1% compared to 18.3% and 17.4% respectively [12] - The industry currently carries a Zacks Industry Rank of 190, placing it in the bottom 22% of over 243 Zacks industries, indicating a negative earnings outlook [8][10] Company Highlights - **Montauk Renewables (MNTK)**: Specializes in biogas management and conversion, producing nearly 1.4 million MMBtu of RNG in Q3 2025, with a projected sales improvement of 3.5% year over year for 2026 [18][19] - **GE Vernova (GEV)**: Focuses on wind and electrification, securing 1.1 GW of U.S. onshore wind repowering orders in 2025, with a projected sales improvement of 17.5% year over year for 2026 [22][23] - **Constellation Energy (CEG)**: Aims to eliminate 100% of greenhouse gas emissions, with a projected sales improvement of 12.2% year over year for 2026 [26][27]

Consumer Reports names Model Y best EV for 2026Sawyer Merritt (@SawyerMerritt):NEWS: Consumer Reports has named the @Tesla Model Y the best electric vehicle for 2026."The Model Y combines a practical yet sleek hatchback design, a long driving range, sports-car-level performance, and access to Tesla’s widespread Supercharger network. Refreshed for 2026, https://t.co/ddjAUTn18b ...

Governor Gavin Newsom outlined plans for a $200 million electric vehicle subsidy in California that would represent a major boost to Elon Musk’s Tesla and other EV makers in the state https://t.co/rjsMFfQH5L ...

BYD Co. said sales dropped 30% in January, underscoring the challenges facing the electric vehicle maker’s efforts to boost sales just as a winding back of subsidies hurts demand in China. https://t.co/hPV90VfJKt ...

Well, he's making pivots when pivots are needed. Some would say maybe a little bit late, because Ford has lost billions of dollars per year on this EV escapade. So I was going through the numbers and saw they lost 1,000,000,021 2,000,000,022 5,000,000,023 5 billion in 24.And they have to do something. Just stanch the bleeding. This guy is this guy have a job after a $19 billion failure of EV simply because it's basically a private company run by our good friend Bill Ford Junior.Is it basically a quasi priva ...

Meanwhile, we were discussing this earlier, uh, Ford re-examining its EV strategy in a big way. The company is going to take a multi-billion dollar charge. Philippo joins us with the latest.We were batting it around. I want to hear your take on where things are right now, and then we'll get into it all. >> Well, where they are is the company is admitting that its previous strategy, it wasn't working.Was it a complete failure. No. But it was definitely not succeeding.Nowhere close to profitable. When you loo ...

Just a few minutes ago, we learned that Ford is undergoing a sweeping overhaul of its electric vehicle business, and it's going to amount to about $19.5% billion in charges. It's also going to include scrapping its next generation electric F-Series truck as the shift gears to a hybrid. Joining us right now to talk a little bit more about this is the host of Bloomberg's Open Interest, Matt Miller, and he brings along with him the CEO of Ford, Jim Farley.Jim, thanks very much for joining us. This is a major p ...

Ford announced a sweeping overhaul of its electric vehicle business after struggling for years to make it profitable. https://t.co/ogxvX2UOpS ...

Ford Motor's electric vehicle sales continued to sink in November, as the company weighs scrapping the electric version of its F-150 truck following the expiration of a federal tax credit for electric vehicles https://t.co/HxT5PijdN7 ...