Page 2 - Tv Maker News Today

Vinfast: The 2023 sales included 13,513 electric vehicles in the fourth quarter, up 35% from the third quarter of 2023.

Tesla: While not binding, the vote is a further obstacle for the U.S. EV makers plans to double the sites capacity to 100 gigawatt hours of battery production and 1 mn cars per year, setting it up to dominate Europes EV market.

The Santa Clara, California chipmakers quarterly report on Wednesday will be one of Wall Streets most watched events of the week. Some strategists believe anything short of a blowout report could reverse a rally that has sent Nvidias stock soaring 47% in 2024.

Xpeng: The additional employees would represent a 25% expansion of the Volkswagen-backed EV makers workforce from the latest headcount of 15,829 at the end of 2022. The expansion was announced in a letter from Chief Executive He Xiaopeng to employees on Sunday, the first working day after the Lunar New Year holiday.

The letter is the first indication that Musk intends to appeal the ruling, which the billionaire has criticized on social media, saying he will seek shareholder approval to move Teslas state of incorporation to Texas, where it has its headquarters.

BYD, known for its cheaper models and a more varied lineup, recently overtook its biggest rival Tesla Inc to become the worlds top EV maker in terms of sales. According to the Nikkei report, BYD has launched a feasibility study for the Mexican plant and is currently negotiating with officials over terms, including the factorys location.

Ola Electric: The company posted a year-on-year (Y-o-Y) growth of over 70% compared to the same month last year.

Renault said on Tuesday it had enough cash to do without the stockmarket listing and would continue to fund the development of Ampere until it reaches break-even in 2025.

Tata Motors shares hit a fresh 52-week high on the BSE, surpassing Maruti Suzukis market capitalisation. Tata Motors market cap reached INR 2.94 lakh crore. The stock has delivered over 90% returns in the last year, outperforming Nifty Auto and broader Nifty. Tata Motors reported a 27% uptick in JLR wholesales for the quarter ended December 30, 2023.

More than 100 dealers in the United States, Canada, and Europe have expressed interest in becoming a Fisker dealer, the electric vehicle (EV) company said. While the EV startup made more than 10,000 vehicles in 2023, it delivered only about 4,700 units of Ocean sport utility vehicles due to logistics constraints.