Geely Restructures with Zeekr Taking Control of Lynk in Major EV Realignment
China’s automotive giant Geely is undergoing a significant restructuring as its premium EV brand, Zeekr, is set to take control of Lynk & Co. This strategic...
Etiket: EV Market
Ford Cuts Profit Outlook, Faces Stock Drop
Ford Motor Co. announced on Monday that it now anticipates meeting only the lower end of its full-year profit expectations, leading to a 5% dip in...
Tesla Shares Reach Highest Point in Over a Year Amid Strong Post-Earnings Rally
Tesla shares rose to $267.79 on Friday, marking their highest close since September 2023 following a strong third-quarter earnings report. After surging 22% on Thursday, Tesla’s...