General Motors (GM) to Re-Enter Europe Through Japan

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Founder and Former Nikola (NKLA) Chairman Found Guilty of Fraud

October 17, 2022 8:09 AM EDT

Nikola (NASDAQ: NKLA) founder and former Chairman, Trevor Milton was found guilty on three out of four counts of fraud on Friday, related to false statement he made to drive up the value of the company stock. Jurors found him guilty of one count of securities fraud and both wire fraud counts after deliberating for roughly five... More

Sony (SONY) and Honda (HMC) Joint Venture to Begin Selling EVs in 2026

October 13, 2022 10:41 AM EDT

Sony Honda Mobility, a joint venture between Sony (NYSE: SONY) and Honda (NYSE: HMC), announced that they are aiming to deliver their first electric vehicles by 2026. The vehicles are to be sold online, starting in the United States and Japan.

Key details, including pricing, battery range and even the platform for the... More

SunPower (SPWR), General Motors (GM) to Power Homes of the Future with Electric Vehicles

October 12, 2022 7:01 AM EDT

Today, SunPower Corp. (NASDAQ: SPWR), a leading residential solar technology and energy services provider, and General Motors (NYSE: GM) announced a collaboration to develop a new home energy system that will enable GM electric vehicles to provide backup energy to a home when properly equipped. GM also named SunPower as a preferred EV charger installation provider and its exclusive solar provider. The collaboration will bring together SunPower's home energy expertise and installation capabilities with GM's leadership in EV and battery technology to help provide customers with more resilient, sustainable and... More

Honda Motor (7267:JP) (HMC) PT Lowered to JPY4,300 at Citi

October 12, 2022 3:18 AM EDT

Citi analyst Arifumi Yoshida lowered the price target on Honda Motor (7267:JP) (NYSE: HMC) to JPY4,300.00 (from JPY4,500.00) while maintaining a Buy rating.... More