Tag: EVs
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XPEV Hits New 52-week High Thanks to Volkswagen
Xpeng (XPEV) is on the move. All after Volkswagen announced it will invest $ 700 million in the company to develop EVs together. “The Volkswagen Group and XPeng each bring in highly complementary strengths into this long-term strategic partnership,” said XPeng CEO Xianpeng He. “Since the founding of XPeng, we have been developing full-stack technologies…
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Tesla Stock Could Race to $300 this Month
Tesla (TSLA) could accelerate to higher highs. Last trading at $279.02, we’d like to see it closer to $300 this month. All thanks to strong demand for electric vehicles, and after its key numbers crushed expectations. Just last week, the company said it delivered 466,140 vehicles in the second quarter. In the first quarter, it…
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When Albermarle Reaches this Point, It’s a Buy
Every time Albemarle (ALB) gets this oversold, it’s a buy. If you pull up a two-year chart of ALB with RSI, MACD, and Williams’ %R, you can see the opportunity. Take a look at what happens to the ALB stock every time RSI dips to its 30-line, when MACD drops well under its mean, and…
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The Top 3 Lithium Stocks to Consider Now
Rising, global demand for electric vehicles could send lithium prices even higher. According to The Economic Times, “A surge in demand for electric vehicles worldwide along with increasing pressure on the supply chain of materials that go into EV batteries has seen an unprecedented rise in prices of those same materials this year. In the first half…
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Top Reasons to Buy the Dip in Nio Stock
Electric vehicle stocks, like Nio (NIO) are accelerating. All after reporting strong May deliveries. For the month, NIO delivered 7,024 vehicles, including 5,317 premium smart electric SUVs, including 746 ES8s, 2,936 ES6s and 1,635 EC6s, and 1,707 ET7s, the Company’s flagship premium smart electric sedan. Also, as of May 31, 2022, cumulative deliveries reached 204,936…
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This is Why Albemarle Could Race Higher
Albemarle (ALB) could see higher highs. All after the company boosted guidance for the second time in weeks. ALB now expects to see full-year 2022 sales of between $5.8 billion and $6.2 billion. Adjusted EBITDA will come in between $2.2 billion and $2.5 billion, with adjusted EPS falling in a range of $12.30 and $15.…
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Why Nio is Still Accelerating to New Highs
Nio Inc. (NIO) is still accelerating to new highs. All thanks to an explosive electric vehicle market, a new unveil, and record deliveries. Nio just unveiled a new EV luxury sedan, and a longer-range battery. In fact, it just launched its “first autonomous driving model, the NIO ET7, a smart electric flagship sedan. The ET7…