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5 Reasons to Buy BYD Stock Like There's No Tomorrow
The Motley Fool· 2025-08-22 08:50
Just because you don't see its products being bought or used every day doesn't mean there's no demand for them somewhere. Is your stock portfolio not quite as well diversified as it once was? It happens. Investors tend to gradually add too much of what's popular without thinking much about it, only to wake up one day and realize they're long overdue for a rebalancing. If you recognize this is where you are right now, why not consider a name most investors would never even think about, but one that most inve ...
X @Bloomberg
Bloomberg· 2025-07-30 03:42
Tesla has signed a $4.3 billion agreement to source lithium iron phosphate, or LFP, batteries from LG Energy, a person familiar with the matter said, in the second tie-up for the EV maker in South Korea this month https://t.co/0SpRTyAzti ...
Rivian's reportedly sitting on a stockpile of tariff-free batteries
TechCrunch· 2025-04-30 18:45
Group 1 - Rivian built up a stockpile of batteries for its trucks, SUVs, and commercial vans to mitigate the impact of tariffs imposed by the Trump administration [1] - The company purchased an undisclosed number of lithium iron phosphate batteries from Chinese firm Gotion for its delivery vans, primarily made for Amazon [2] - After the election, Rivian collaborated with Samsung SDI to transfer a significant amount of battery inventory from South Korea to the U.S. [2] Group 2 - The stockpiles are expected to alleviate pricing pressure resulting from Trump's auto tariffs, which affect components imported into the U.S. for vehicle production [3] - Trump's recent tariff adjustments provide some relief compared to the initial 25% tax on imported parts, although price increases on new cars are still anticipated [3]