Although Ford Motor (NYSE: F) will continue to invest in EVs, it announced it will be delaying the production of an all-electric SUV and pickup truck in order to introduce hybrids across its North American lineup by the end of the decade.
On Monday, Hyundai Motor Company (OTC: HYMTF) and Kia Corporation signed a memorandum of understanding with Exide Energy Solutions Ltd with the aim of localizing EV battery production in India, joining the efforts of Tesla Inc (NASDAQ: TSLA
Investment analysts have revised their price targets upwards for six major stocks this week, with one company expected to see an 82% surge. The revised targets include four U.S.-listed companies, with the most significant upgrade forecasted for a biopharmaceutical firm.