Tuesday Ticker: January 11, 2022
Toronto, Ontario — In this week’s Tuesday Ticker, Magna International announces a brand new EV centre, Volkswagen of America CEO complains that the automaker’s total-units-sold could be higher and General Motors partners with Qualcomm for a revamped Ultra Cruise. Electric energy at Magna HQ Magna International announced last week it plans to develop a new […]
Tuesday Ticker: December 7, 2021
Toronto, Ontario — This week, Toyota tops the charts for sales and earnings in 2020 and AutoCanada doubles its number of Ontario stores. Tip top Toyota Toyota was the top-selling and highest-earning automaker in 2020, according to Uswitch’s recently released “Car Brand Earnings” research report. According to the data, Toyota made US$275 billion in 2020: […]
Tuesday Ticker: November 30, 2021
Toronto, Ontario — This week, Uber and Lyft overtake Vancouver and Lion Electric marks gains thanks to a repeat buyer. Taxi? Hail no! Trips via ride-hailing services like Uber and Lyft outnumber taxi rides in Vancouver two-to-one, according to recent statistics commissioned by the BC Passenger Transportation Board and compiled by Hara Associates. Researchers in […]
Tuesday Ticker: July 27, 2021
Toronto, Ontario — This week, Stellantis teases EV plant operations on Canadian soil; Magna International makes an ADAS-aware move for its future and PPG reveals its Q2 2021 financials. Smooth-talking Stellantis Stellantis, formerly known as Fiat Chrysler Automobiles, is reportedly deciding on North American locations for two new electric vehicle battery plants, one of which […]
Tuesday Ticker: May 4, 2021
Toronto, Ontario — In this week’s Tuesday Ticker, Volkswagen’s head honcho says the automaker will make its own chips for self-driving vehicles; gig-related stocks suffer following a Biden administration representative interview and Boyd Group Services marks a date for its Q1 financial results reveal. Homemade chips Volkswagen won’t be relying on an outside company for […]
Charging up Wall Street: ChargePoint Holdings Inc. first EV network to enter NYSE
Campbell, California — ChargePoint Holdings Inc. just broke new ground as the first electric vehicle (EV) charging network to hit the trading room floor at the New York Stock Exchange (NYSE). Now trading under the ticker symbol of CHPT, ChargePoint recently completed an acquisition deal with Switchback Energy Acquisition Corporation that helped the company complete […]
Li-Cycle Listed: Ontario battery recyclers files to go public on NYSE
Mississauga, Ontario – Li-Cycle is raising funds for global expansion by going public on the New York Stock Exchange (NYSE) in a deal that values the battery recycler at US$1.7 billion, the company announced Tuesday. The five-year-old private company has unveiled plans to merge with Peridot Acquisition Corp., an NYSE-listed special acquisition corporation (SPAC). If […]