Should Ford Be Afraid of New BYD Pickup? TennesseePhotographer / iStock Editorial via Getty Images 24/7 Insights Ford Motor Co. (NYSE: F) depends on sales of the bestselling F-Series pickups. Chinese EV maker BYD is set to launch a plug-in hybrid pickup in North America. There may be a collision coming. Ford Motor Co. (NYSE: F) sold 217,511 of its F-Series pickups in the first four months of 2024. That mostly includes the F-150, which has been the best-selling vehicle in the United States for four decades. ...

Li Auto (NASDAQ:LI) is a leading Chinese automotive player focusing on high-end smart electric and hybrid vehicles. It is one of the fastest-growing EV companies worldwide, with deliveries increasing by over 1,000% from 2020 to 376,030 units last year. What separates Li from its competition is its superior execution and solid financial position. As per its latest earnings print, the company had a colossal cash buffer of $14.6 billion, considering it had just $512 million in cash back in 2019. This emphatic ...

The stock market is currently under pressure, as the U.S. economic report last week indicated a significant slowdown in growth and persistent inflation issues. Amidst this downturn, savvy investors are looking for EV stocks to buy.The U.S. GDP grew by only 1.6% in the first quarter, below the anticipated 2.4% growth rate, as reported by the Bureau of Economic Analysis. Moreover, the personal consumption expenditures price index rose to 3.4%, up from 1.8% in the previous quarter, signaling ongoing inflationa ...

The electric vehicle (EV) market has seen better days in 2024. The U.S. Federal Reserve’s decision to begin raising rates in the first half of 2022 has ultimately resulted in the highest federal funds rate in more than two decades. This has a lot of implications for the EV space and the EV stocks that Wall Street still loves. New-car buyers will find it difficult to purchase new vehicles due to more expensive car loans as well as car insurance. Moreover, if interest rates remain elevated, which is likely th ...

The electric vehicle (EV) pure plays shifted gears into reverse in recent quarters, allowing some traditional automakers to pull ahead of them, at least over a year-to-date basis. Indeed, recent actions seem to suggest that the EV titans may have been a tad too ambitious regarding the electric transition. As traditional automakers gradually inch away from ICE (internal combustion engine) vehicles towards hybrids and fully electric vehicles, it will be very interesting to see how consumers react. In any case ...

The electric vehicle (EV) is a market with high growth potential as both consumers and governments are beginning to favor EVs over traditional gas-fueled vehicles. In 2023, global electric car sales totaled 13.6 million units. This year, the market is expected to reach 17 million EVs sold — a 27.1% increase. Despite fierce market competition, the increasing demand for EVs still leaves EV companies with a large room for growth. Below are the three EV stocks to buy in April.Li Auto (LI)Source: Robert Way / Sh ...

With the electric vehicle (EV) industry at a crossroads, it might seem odd to consider wagering on the best EV stocks to buy in April. Macroeconomic headwinds and fierce competition have led to a substantial slowdown in EV sales in 2023, and the trend continues into the first quarter (Q1) this year. To top it off, whispers are growing louder that the excitement surrounding the industry has fizzled out.Despite the headwinds, EV sales are expected to rise this year and for the foreseeable future. However, it’ ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Byd Co., Ltd. (BYDDY) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Byd Co. currently has an av ...

The electric vehicle sector continues to face a litany of issues. Demand dynamics are not what they once were and EV stocks have cratered — along with lithium prices — as a result. One of the bigger issues is that electric vehicles also face a number of quality control issues. That may come as a surprise because pundits have long touted EVs — with fewer components —  as potentially being more reliable. However, theory often differs from practice: Over the past 3 years EV owners have reported 79% more proble ...

In this articleSTLAM-ITTSLAFGMBYDDYA BYD Seagull small electric car is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center (Shanghai)Vcg | Visual China Group | Getty ImagesLIVONIA, Mich. – A small electric vehicle is having a big impact on the global automotive industry.It's not the EV itself that's making waves but its price — and its potential to disrupt domestic auto industries around the world.The China-built BYD Seagull, a sm ...