- Market Capitalization, $K 42,681,776
- Shares Outstanding, K 1,726,609
- Annual Sales, $ 137,365 M
- Annual Income, $ 4,193 M
- 60-Month Beta 0.87
- Price/Sales 0.31
- Price/Cash Flow 4.05
- Price/Book 0.57
|Period||Period Low||Period High||Performance|
| || |
-0.85 (-3.32%)since 08/18/20
| || |
-2.55 (-9.35%)since 06/18/20
| || |
-1.82 (-6.86%)since 09/18/19
General Motors' (GM) big plans to capture the EV market are indeed intensifying competition for all major auto players and especially the EV behemoth, Tesla (TSLA).
Toyota (TM) will cease expansion in India due to the country's punitive tax structure but will continue with its investment plans.
Overall car sales in China increase for the fifth month in a row in August and EV sales in the country witness the second consecutive month of gain.
Green vehicles are striking the right chord with investors. Below we have highlighted four stocks from the auto space that should be on your radar to reap profits from the EV revolution.
The Zacks Analyst Blog Highlights: NVDA, TMUS, MUFG, HMC and GD
The recent EV-based alliances and introduction of the wireless battery management technology underscore General Motors' (GM) commitment to revolutionize the EV space.
Top Analyst Reports for NVIDIA, T-Mobile & MUFG
With this collaboration, Nikola (NKLA) will be able to take leverage of General Motors' (GM) expertise in vehicle manufacturing in order to bring revolution in the EV space.
While General Motors (GM) and Honda (HMC) collaborate to develop future vehicles in North America, Tesla (TSLA) plans to raise $5 billion via equity financing.
The collaboration between Honda (HMC) and General Motors (GM) is set to result in substantial cost efficiency and superior vehicle development.