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THE TRUTH ABOUT: 16 - The Untold Story

Avoid These 3 Auto Stocks Watched by Robinhood Investors

With interest rates riding high and recession fears in the air, automakers are struggling to keep up. Given lackluster results and a possible slowdown in the Electric Vehicle (EV) market, avoiding fundamentally weak stocks NIO Inc. (NIO), Lucid Group (LCID), and Rivian Automotive (RIVN) could be wise. Let’s discuss….

StockNews.com

Monaco E-Prix: Hughes handed pole after Fenestraz penalised

Hughes had been fractionally faster than Fenestraz in the opening sector despite a slide through Sainte Devote, but the Briton initially threw away the chance of pole after cutting the Nouvelle Chicane.

Autosport

Ultimate Coronation food and drink taste test - from cakes and cheese to bubbly

All you need for a fabulous feast fit for a King to mark the Coronation of Charles on Saturday May 6 - including a limited edition Colin the Caterpillar and some special tipples

Daily Mirror

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NIO Says It Won't Lose Market Share To Tesla, Will Rival VW In Europe

NIO's comparable models are already priced $20K higher than Tesla's, so it's not worried about price cuts. Meanwhile, it's targeting VW's prices in Europe.

InsideEVs

Fisker Ocean EV To Be Offered With Swappable Batteries From 2024

The American automaker says that high-mileage drivers, such as those in the ride-hailing industry, would be a good fit for the Ocean EVs with swappable power sources.

InsideEVs

NIO Electric Car Sales Increased In April 2023 By 31%

NIO once again increased its global electric vehicle deliveries in April. Last month, the Chinese premium EV start-up delivered 6,658 cars (up 31%).

InsideEVs

NIO Starts Deliveries Of Flagship EC7 SUV

Deliveries of NIO's coupe-style SUV, the EC7, have officially commenced in China with prices starting at the equivalent of $70,000.

InsideEVs

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The European OEMs Are Ahead In Terms Of Profitability

European manufacturers earned nearly $100 billion in profits last year.

Motor1

Most NIO Drivers Prefer Battery Swapping To Recharging

The Asian car maker bet big on battery swap stations since its inception in 2014 and says that more and more drivers of its models want to take a trip to a battery swapping station.

InsideEVs

NIO Planning Small Budget EVs For European Expansion

NIO will launch a new affordable sub-brand, codenamed Firefly, with the aim of gaining a larger market share in Europe.

InsideEVs

Formula E Berlin E-Prix: Talking points as Porsche target home success in pivotal double header

Formula E season continues in Berlin with a double header

The Independent UK

Water charges, higher uni fees & prescription costs should be focus of future Stormont warns NIO

A document also stated savings through Civil Service job losses should also be considered

Belfast Live

Revenue-raising steps should be focus of future Stormont budgets – NI Office

Northern Ireland Secretary Chris Heaton-Harris has responsibility for setting the budget this year in the absence of ministers.

The Independent UK

Ex-F1 driver Kvyat completes Formula E Berlin rookie test line-up

The Russian-born driver, who is currently competing under an Italian race licence, raced in F1 as part of the Red Bull driver academy for six years between 2014-2020 and achieved three podiums.

Autosport

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InsideEVs

NIO To Debut All-New ES6 At The 2023 Shanghai Auto Show

In addition to unveiling the new ES6, NIO will launch the ET7 and demonstrate its third-generation Power Swap Station and 500kW Power Charger.

Belfast Live

Former Rugby star joins NI community groups to protest against service cuts

Representatives from 36 organisations were joined by Tommy Bowe at the protest in Belfast city centre

InsideEVs

NIO Says Tesla Can't Influence EV Prices In China As It Can In US

Tesla started a global price war among carmakers, though some rivals aren't playing along. NIO says Tesla doesn't dominate in China, so it has less influence.

StockNews.com

Buy or Sell: 2 Chinese Automakers Stocks Post Monthly Deliveries Reports

Rising auto prices amidst the recessionary fears might create hurdles for the U.S. auto industry this year. Moreover, given the rise in conflict between U.S. and China, avoiding fundamentally weak Chinese auto stocks NIO (NIO) and XPeng (XPEV) could be a wise decision despite their stable monthly deliveries in March.…

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InsideEVs

NIO Electric Car Sales Increased In March 2023 But Only By 4%

NIO increased its global EV deliveries in March, but this time the year-over-year growth rate disappointed and the result itself is lower than in February.

Barchart

3 Top Electric Vehicle Stocks to Buy, According to Wall Street Analysts

Though electric vehicle (EV) stocks have taken a downturn in the past twelve months, Wall Street analysts are bullish on these three stocks.

The Independent UK

Formula E thrives as Brazilian tradition meets innovation on streets of Sao Paulo

Exclusive: Drivers Dan Ticktum and Sergio Sette Camara speak to The Independent ahead of another weekend of unpredictable action

InsideEVs

Tesla's Price War May Lead To Automakers Closing Up Shop In China

Tesla's price cuts in China have made some models 50% cheaper than they are in the States. At this rate, some automakers in the country stand to be destroyed.

StockNews.com

2 Auto Stocks to Buy Right Now and 2 to Avoid

While macroeconomic uncertainties are expected to remain in the near term, rapid EV adoption easing supply chain issues should bolster long-term growth in the auto industry. Hence, fundamentally strong auto stocks Stellantis N.V. (STLA) and General Motors (GM) could be ideal additions to your portfolio. However, fundamentally weak NIO (NIO)…

Belfast Live

NIO failed to comply with equality scheme in controversial Troubles immunity bill

The Equality Commission is set to recommend a number of improvements to the Northern Ireland Office

StockNews.com

Steer Clear of These 4 Auto Stocks in 2023

Although inflation continues to ease, it remains elevated, impacting new vehicle sales. Concerns over aggressive rate hikes and impending recession are expected to keep the auto industry under pressure. Therefore, it could be best to avoid fundamentally weak stocks NIO (NIO), Lucid Group (LCID), Rivian Automotive (RIVN), and Workhorse Group…

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