2021 October 29, Hangzhou. Zhejiang Geely Holding Group (Geely Holding), China’s largest private-owned automotive group, today welcomed new equity investors to Volvo Cars following the completion of an initial public offering on the Nasdaq Stockholm exchange valuing the Swedish premium automotive group at SEK 158 billion. Geely Holding, which acquired […]
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Are you in the market for a low-priced stock with multi-bagger potential? Consider electric vehicle (EV) systems up-and-comer REE Automotive (NASDAQ:REE). It’s a risky proposition, I’ll concede, as REE stock isn’t doing particularly well in 2021 — but it just might pay off. Source: Scharfsinn / Shutterstock.com To give you a […]
This article was written exclusively for Investing.com While there are vehicles, along with automotive companies, still going strong that are named after these three men—Gottlieb Daimler, Wilhelm Maybach and Karl Benz—each is all long-departed. Yet their signature accomplishments, creating a 3-wheeled automobile powered by a gasoline-powered internal combustion engine (Benz) […]
A car dealer shows a vehicle to customers at a dealership in Jersey City, New Jersey. Angus Mordant | Bloomberg | Getty Images Chase Weldon spent weeks researching new SUVs to get for his family. To his surprise, he spent even longer attempting to purchase one. Dealer lots were scarce […]