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SK Innovation Q2 profit tops forecast, battery unit eyes EV demand recovery – ET Auto

Baua Electric

SK Innovation Co Ltd said on Monday its SK On battery-making unit is on target to breakeven in the second half of this year after it posted a forecast-beating operating profit in the first quarter, sending its shares up over 6.0%. That compared with an average analyst forecast of 466 billion won. rise as of 0336 GMT.

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Why Is The Shale Industry Still Not Profitable?

Green Car Congress

shale companies, and found that “despite rising prices most firms under our study are still in losses with no signs of improvement.” Shale companies often tout their rock-bottom breakeven prices, and they often use a narrowly defined metric that only includes the cost of drilling and production, leaving out all other costs.

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What Does GM’s “30 New EVs By 2025” Promise Mean for the US Market?

EV Adoption

Electric Vehicle PR Is Driving Up the Stock Price. These announcements and PR efforts are fundamentally about GM’s long-term future but they have clearly paid off in the short term as GM’s stock price has increased 55.3% Before diving in to forecasting GM’s future sales, let’s take a look at historical sales.

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Soon an Electric Vehicle Will Cost Less Than An IC Engine Vehicle !!!

Get Electric Vehicle

One of the main reasons which limit the mass adaption of electric cars or EVs is its price difference in comparison with its IC engine counterpart. A study conducted by BloombergNEF forecasts that Electric vehicles will be cheaper than gasoline-powered vehicles in Europe. The Reduction in Battery cost. Tesla Electric Car.

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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. This decision set crude prices on a downward path. Subsequently, to defend market share, the Saudis increased production, which exacerbated market oversupply and further pressured prices.

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India’s electric four-wheeler ride-hailing fleet incentives

Electric Vehicles India

According to the analysis by the International council on clean transportation (ICCT) study, the Indian ride-hailing market is estimated to have a compound annual growth rate of 19% and is forecasted to reach net sales of INR 3,806 billion (€46.8 billion, $52.5 billion) by 2024. Cost analysis . and that rate is estimated to be 0.2%

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Tesla To Offer Auto Leases

Revenge of the Electric Car

Read more in the article: Tesla to Offer Auto Leases. ‘Starting Wednesday, the 2010 Roadster, which competes against exotic sport cars like the Porsche 911, will be available on a three-year, 30,000-mile lease based on the manufacturer’s price of $111,005, Tesla said. Tesla To Offer Auto Leases. initial public offering.

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