Baird Downgrades Rivian on 2025 EV Outlook
Baird downgraded Rivian (RIVN) stock to "neutral" from "outperform", citing a tougher 2025 outlook for electric vehicles despite recent positive developments, including a \$6.6 billion DOE loan and increased investment from Volkswagen; the firm cut its price target to \$16.
Baird Downgrades Rivian on 2025 EV Outlook
Baird downgraded Rivian (RIVN) stock to "neutral" from "outperform", citing a tougher 2025 outlook for electric vehicles despite recent positive developments, including a \$6.6 billion DOE loan and increased investment from Volkswagen; the firm cut its price target to \$16.
Progress
48% Bias Score
Esso Granted Lithium Exploration Permit in Lower Saxony
Esso received permission from Lower Saxony's LBEG to explore for lithium across 1,443 square kilometers in five counties and one city, beginning January 1, 2025, using existing data initially before potentially employing deep geothermal-like extraction methods.
Esso Granted Lithium Exploration Permit in Lower Saxony
Esso received permission from Lower Saxony's LBEG to explore for lithium across 1,443 square kilometers in five counties and one city, beginning January 1, 2025, using existing data initially before potentially employing deep geothermal-like extraction methods.
Progress
24% Bias Score
Honda and Nissan to Merge in Response to Rising EV Competition
Facing increased competition from Chinese EV makers, Honda and Nissan, Japan's second and third-largest car manufacturers, will begin merger negotiations, potentially including Mitsubishi Motors, to create a stronger competitor in the global automotive market.
Honda and Nissan to Merge in Response to Rising EV Competition
Facing increased competition from Chinese EV makers, Honda and Nissan, Japan's second and third-largest car manufacturers, will begin merger negotiations, potentially including Mitsubishi Motors, to create a stronger competitor in the global automotive market.
Progress
28% Bias Score
Honda and Nissan in Merger Talks to Challenge Toyota
Honda and Nissan are reportedly negotiating a potential merger, possibly including Mitsubishi, to create a larger automotive group to better compete with Toyota and other global automakers, especially in the electric vehicle market. The combined entity would aim to better compete against Tesla and C...
Honda and Nissan in Merger Talks to Challenge Toyota
Honda and Nissan are reportedly negotiating a potential merger, possibly including Mitsubishi, to create a larger automotive group to better compete with Toyota and other global automakers, especially in the electric vehicle market. The combined entity would aim to better compete against Tesla and C...
Progress
44% Bias Score
Stellantis to Invest €8 Billion in Italian Auto Production
Stellantis, the world's fourth-largest carmaker, will invest €8 billion in Italian operations in 2024, including €2 billion in production and €6 billion in the supply chain, to launch more than a dozen new models by 2032, despite facing challenges from new European electric vehicle regulations and r...
Stellantis to Invest €8 Billion in Italian Auto Production
Stellantis, the world's fourth-largest carmaker, will invest €8 billion in Italian operations in 2024, including €2 billion in production and €6 billion in the supply chain, to launch more than a dozen new models by 2032, despite facing challenges from new European electric vehicle regulations and r...
Progress
44% Bias Score
Stellantis to Invest €8 Billion in Italian Auto Production
Stellantis will invest €8 billion in Italian operations next year, boosting production at six factories with over a dozen new models by 2032, despite facing challenges from slumping sales and new European electric vehicle regulations.
Stellantis to Invest €8 Billion in Italian Auto Production
Stellantis will invest €8 billion in Italian operations next year, boosting production at six factories with over a dozen new models by 2032, despite facing challenges from slumping sales and new European electric vehicle regulations.
Progress
36% Bias Score
Australia Subsidizes EV Loans to Boost Adoption
The Australian government announced a \$150 million plan to subsidize electric vehicle loans for essential workers and those earning under \$100,000, potentially saving buyers up to \$8000 and including used EVs, to boost low-emissions transport and address a key barrier to wider adoption.
Australia Subsidizes EV Loans to Boost Adoption
The Australian government announced a \$150 million plan to subsidize electric vehicle loans for essential workers and those earning under \$100,000, potentially saving buyers up to \$8000 and including used EVs, to boost low-emissions transport and address a key barrier to wider adoption.
Progress
48% Bias Score
Italy and Stellantis Partner to Counter EU Electric Vehicle Mandate
The Italian government and Stellantis announced a \$2 billion investment plan to support Italy's automotive sector, challenging the EU's 2035 electric vehicle mandate and aiming for a more balanced approach to the green transition.
Italy and Stellantis Partner to Counter EU Electric Vehicle Mandate
The Italian government and Stellantis announced a \$2 billion investment plan to support Italy's automotive sector, challenging the EU's 2035 electric vehicle mandate and aiming for a more balanced approach to the green transition.
Progress
52% Bias Score
Stellantis and CATL to Build 4.1 Billion Euro Battery Plant in Spain
Stellantis and CATL announced a 4.1 billion euro battery plant in Zaragoza, Spain, expected to create up to 3,000 jobs by 2026, boosting Aragon's GDP by 1.5 percent and furthering Europe's electric vehicle transition.
Stellantis and CATL to Build 4.1 Billion Euro Battery Plant in Spain
Stellantis and CATL announced a 4.1 billion euro battery plant in Zaragoza, Spain, expected to create up to 3,000 jobs by 2026, boosting Aragon's GDP by 1.5 percent and furthering Europe's electric vehicle transition.
Progress
44% Bias Score
Nissan and Honda in Talks for Potential Merger to Boost EV Competitiveness
Nissan and Honda plan to merge, potentially including Mitsubishi, to compete in the growing electric vehicle market, following a strategic partnership and amidst declining sales in Asia.
Nissan and Honda in Talks for Potential Merger to Boost EV Competitiveness
Nissan and Honda plan to merge, potentially including Mitsubishi, to compete in the growing electric vehicle market, following a strategic partnership and amidst declining sales in Asia.
Progress
48% Bias Score
U.S. EV Market Growth Stalls Amidst Consumer Dissatisfaction and Policy Uncertainty
Despite government incentives and predictions of a boom, U.S. EV market growth has stalled, with only 8% of households owning an EV and nearly half of owners expressing regret, due to range anxiety, charging issues, and reliability concerns, further complicated by potential policy shifts.
U.S. EV Market Growth Stalls Amidst Consumer Dissatisfaction and Policy Uncertainty
Despite government incentives and predictions of a boom, U.S. EV market growth has stalled, with only 8% of households owning an EV and nearly half of owners expressing regret, due to range anxiety, charging issues, and reliability concerns, further complicated by potential policy shifts.
Progress
56% Bias Score
China's Auto Sales Boom Masks Growing Industry Instability
China's vehicle sales are projected to hit a record high in 2024, exceeding 31 million units, driven by a government trade-in policy and aggressive promotions, while the intense competition is causing some automakers to struggle financially.
China's Auto Sales Boom Masks Growing Industry Instability
China's vehicle sales are projected to hit a record high in 2024, exceeding 31 million units, driven by a government trade-in policy and aggressive promotions, while the intense competition is causing some automakers to struggle financially.
Progress
44% Bias Score