{
}
EVgo and GM have successfully established 2,000 charging stalls across nearly 400 locations in North America, enhancing EV infrastructure through partnerships with Pilot/Flying J and other retailers. Despite challenges, including utility coordination, the initiative is set to expand by 850 additional stalls, contributing to a more competitive and resilient charging network.
Waymo plans to expand its robotaxi service to Miami, starting with human safety drivers in 2025 and launching the service via the Waymo One app in 2026. This move reflects the company's confidence in operating in challenging weather conditions, building on previous tests in the city. With a recent $5.6 billion funding round, Waymo continues to grow its operations, now offering over 150,000 paid rides weekly across major U.S. cities.
Donald Trump's proposed 25% tariffs on imports from Mexico and Canada threaten major U.S. automakers, with GM, Ford, and Stellantis facing significant profit losses due to their reliance on cross-border supply chains. Analysts warn that tariffs on individual car parts could be even more damaging, potentially raising costs for consumers. Carmakers may need to increase U.S. production or cut costs to mitigate the impact, but the shift could be challenging, especially for European manufacturers with limited spare capacity.
Trading is expected to start sluggishly, influenced by Donald Trump's tariff announcements on Mexico, Canada, and China, which have dampened market sentiment. Major industrial stocks like Schindler and UBS faced losses, while car manufacturers like Ford and GM also struggled due to potential impacts from the tariffs. Despite these challenges, the US stock market showed unexpected strength, buoyed by a ceasefire between Israel and Hezbollah.
Elon Musk's influence over the automotive industry raises concerns as US automakers, having invested nearly $146 billion in electric vehicles, fear potential rollbacks of emissions regulations under a new administration. With Trump’s past grievances against the industry, companies are lobbying to maintain stability in emissions standards to protect jobs and investments. The shift towards electric vehicles is seen as inevitable, but uncertainty looms over the future of traditional car sales and compliance with evolving regulations.
Tesla's Supercharger network, while cost-effective and expanding, faces increasing competition from rival charging networks, which now outnumber Tesla stations in the US. Despite promises to open Superchargers to non-Tesla EVs, the rollout of compatible stations and adapters has been slow, with only a fraction of the network retrofitted for other brands. As demand for EV charging grows, local obstacles and limited access to Superchargers highlight the need for improved infrastructure to enhance the charging experience for all EV drivers.
Chinese electric vehicle manufacturers are rapidly outpacing their U.S. counterparts, with BYD leading in plugin vehicle sales and companies like NIO, XPENG, and Xiaomi making significant strides in global markets. Meanwhile, traditional U.S. automakers like Ford and GM are noticeably absent from the competitive landscape, as Tesla's future relies heavily on uncertain AI and robotaxi developments. The gap between Chinese and U.S. EV progress is expected to widen further in the coming years.
The evolution of clean technology sales has shifted from environmental appeal to personal energy independence. As solar panels and electric vehicles become mainstream, the focus is now on the freedom and reliability they offer, allowing individuals to generate their own power and reduce dependence on traditional energy sources. This change in narrative aims to counteract misconceptions about clean tech infringing on personal liberties.
Ford plans to cut 2,900 jobs in Germany by 2027, representing 14% of its European workforce, due to significant losses and weak demand for electric vehicles. The automaker cites rising competition, particularly from Chinese rivals, and calls for more government support for EV infrastructure and incentives. Sales in Europe have dropped 17.9% this year, prompting a restructuring that includes closing the Saarlouis plant and previous job cuts.
The Honda Prologue, with about 13,000 units sold since its launch, has quickly become the fifth best-selling electric vehicle in the U.S., appealing to loyal Honda customers seeking an affordable alternative to the Tesla Model Y. Its familiar design, comfortable ride, and practical features, such as a spacious interior and lower maintenance costs, contribute to its success. The Prologue"s starting price of $47,400 positions it competitively in the market, while its performance and reliability continue to resonate with Honda"s customer base.
GM
Companies
GM / nyse
General Motors
At close 12/17/2024 21:00:02
51.15$
-1.09$ (-0.02%)
After hours: 12/17/2024 22:10:56
51.1305$
-0.02$ (-0%)
Content of tab #2
General Motors
General Motors Company is one of the world’s largest vehicle manufacturing companies. The firm is engaged in designing, manufacturing, and selling cars, trucks, and automobile parts. The company is home to popular car brands like Chevrolet, Buick, GM, and Cadillac. It operates under four operating business segments: GM North America, GM International, Cruise and GM Financial.
Sector
consumercyclical
Industry
Vehicles
CEO
Mary T. Barra
Employees
163000
Website
Address
300 Renaissance Center, Detroit, MI, 48265-3000, US
MachinaScore
7
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
57.94$ (13.27% Upside)
57.94$ (13.27% Upside)
Blogger Sentiment
Bullish
GM Sentiment 93%
Hedge Fund Trend
Very Negative
By -3.7M Shares Last Quarter.
Insider Transactions
Very Negative
Worth -68.42M over the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days
-0.01%
Last 30 Days -0.04%
Last 30 Days -0.04%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
47.72
Trailing 12-Months
Fundamentals
Return on Equity
47.72
Trailing 12-Months
Asset Growth
2.69
Trailing 12-Months
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
EVgo and GM Expand EV Charging Network to 2000 Stalls Nationwide
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18:13 24.11.2024
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23:11 23.11.2024
Chinese electric car makers outpace US competitors in global market expansion
Nicaraguan Córdoba
NIO Inc.
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GM
XPeng Inc.
XIAOMI-W
BYD
Zeekr
Chery
Ford
USA
CHN
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05:10 22.11.2024
personal energy independence reshapes the appeal of clean technology
17:13 21.11.2024
ford to cut 2900 jobs in europe amid ev challenges and competition
Euro
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Nissan Motor Co., Ltd.
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Stellantis N.V.
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John Lawler
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14:53 20.11.2024
honda prologue emerges as a strong contender in electric vehicle market
15:24 18.11.2024
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