Heard on the Street: EV batteries look hot, but could still go the way of solar
Shares of battery producers and electric-vehicle makers are getting a jolt from the Old World. Developments in the Middle Kingdom, however, are less positive: Investors planning to jump in now should take a second look.
With a market capitalization of $173 billion, Tesla isn’t far behind the world’s most-valuable car maker—Toyota, at $203 billion—and a surge last week had it briefly even closer. Electric-truck startup Nikola briefly became larger than Ford—despite having no revenue yet.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Japan Woos Hong Kong Business as Abe Cools to ChinaJapan is laying out the welcome mat for Hong Kong-based financiers as China moves to erode Hong Kong’s autonomy through a new security law. . But Beijing is seeking to reassure the international businesses being recruited by Tokyo.
Read more »
India's Modi says no territory lost to China in Kashmir clashOutrage as PM Narendra Modi downplays clash with Chinese troops in disputed Kashmir's Galwan Valley region that left 20 Indian soldiers dead, saying there had been no intrusion despite satellite pictures showing landscape change by Beijing.
Read more »
Soybean farmers face 'stress, chaos,' as Trump continues to attack China trade dealWhile Republican lawmakers are demanding retribution on China, economists warn that the US economy can’t afford to boycott Beijing. American farmers are hoping that the phase one trade deal can survive the war of words.
Read more »
China: European strain of the coronavirus blamed for Beijing outbreak - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »