Everyone gets caught in the rain without an umbrella sometimes. After a shining year of growth in 2020, solar stocks have fallen from their highs with the Invesco Solar ETF ($TAN), an index fund that tracks the solar industry, down nearly 16% in the last month. The semiconductor shortage claims another casualty With help from…
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General Motors makes big steps towards an electric future — and investors are loving it
In the pickup truck triopoly — 3 companies (GM, Ford and Stellantis) control 94% of the market. Upstarts like Rivian, Tesla’s Cybertruck ($TSLA) and Lordstown Motors ($RIDE) are trying to break the market but General Motors isn’t about to let that happen. On Apr. 6, GM made an announcement to build its electric Silverado pickup…
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Flying electric vehicle stocks are here
We’ve successfully cloned sheep, CRISPR can be used to edit genes, but nothing feels quite as futuristic as flying taxis. Over the past few months, several flying electric vehicle companies/electric vertical-takeoff-and-landing vehicle (eVTOL – aka electric helicopters) companies have been going public – mostly through SPACs. Funding the takeoff – flying electric vehicles Electric, flying…
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Volkswagen continues to take market share from Tesla
In what may be the worst April Fools joke of 2021 – Volkswagen rebranded (jokingly) its name to “Voltswagen”. An indication of how serious they are in going electric – and taking down Tesla. For any other company, the PR scheme would have been genius. Unfortunately for Volkswagen, this only reminded people about its 2015…
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Climate tech outperforms the NASDAQ — Blink Charging, PlugPower and SunPower leads the ways
Climate tech has been one of the best performing sectors in the past year. To track its progress, the Energy Impact Partners (EIP) created an index to measure the performance of publicly-traded climate tech companies compared to the broad tech sector. Since Jan. 2020: The EIP climate tech index is up 129% While the broad…
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QuantumScape makes a breakthrough in its battery tech — as race to create a solid-state battery heats up
Backed by heavyweights like Bill Gates and Volkswagen, QuantumScape is looking to solve the electric vehicle industry’s billion-dollar problem — slow charging and short-ranged batteries. On Feb. 17, QuantumScape announced a technological breakthrough of their battery tech in their quarterly earnings report — sending shares up over 13%. Electric vehicle demand is about to explode……
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NIO day — how does the electric vehicle maker compete against other Chinese EVs?
Carmakers like Tesla and NIO have created annual events like “Battery Day” and “NIO Day” to reveal big announcements, introduce new products and to hype itself up just enough to send its stock higher. On Jan. 9, NIO, the Chinese luxury electric vehicle (EV) maker held its fourth NIO day with some key announcements: First…
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2020 was the breakout year for solar stocks — why you should avoid residential solar
The solar industry has been a story of repeated boom and bust. In 2011, solar stocks crashed and have since gone through several up and down cycles. And now, solar’s taking investors for another ride… The largest solar ETF — Invesco Solar ETF ($TAN) grew 3x in value in 2020. Two of the largest solar…
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Everything you need to know about investing in NIO, the Tesla of China
In case you didn’t know NIO, dubbed the Tesla of China, has been one of the hottest stocks in one of the hottest industries of the year. The company debuted on the New York Stock Exchange on Sept. 14, 2018: Pre EV hype: Its stock fell over 75% over the next 18 months after its IPO…
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General Motors increases its electric vehicle investment to $27b — goes for electric gold
“We are committed to fighting for electric vehicle (EV) market share in North America until we are number one.” — Mary Barra, CEO of GM GM isn’t backing down in an electric fight — especially not its CEO, who was brought in to turnaround the company in 2014. On Nov. 19, GM increased its planned investment into…
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