Auto executives say more than half of U.S. car sales will be EVs by 2030, KPMG survey shows

President Joe Biden speaks during a visit to the General Motors Factory Zero electric vehicle assembly plant, Wednesday, November 17, 2021, in Detroit. Evan Fauci | AP Auto executives believe more than half of their sales will be electric cars by 2030, in line with President Joe Biden’s electric vehicle sales goal, according to a … Read more

Lucid CEO says the company could eventually be valued like Tesla

People test drive the Dream Edition P and Dream Edition R electric cars at the Lucid Motors plant in Casa Grande, Arizona, September 28, 2021. Caitlin O’Hara | Reuters Peter Rawlinson, CEO of Lucid Group, believes there is a long list for the electric car startup’s stock and market value to outpace traditional automakers and … Read more

Shares of EV start-up Lucid jump on new reservations, 2022 production

Electric vehicle startup Lucid said on September 28, 2021 that production of its first cars for customers has begun at its factory in Casa Grande, Arizona. Lucid Lucid Group shares jumped more than 5% during after-hours trading after the electric vehicle startup announced a marked increase in vehicle bookings and confirmed a production target for … Read more

Tesla, Lordstown Motors, Warby Parker and more

Lordstown’s Endurance Corp electric pickup truck is displayed during the unveiling event in Lordstown, Ohio, US, on Thursday, June 25, 2020. Matthew Hatcher | Bloomberg | Getty Images Check out which companies are making the headlines in midday trading. Johnson & Johnson – Shares of the healthcare giant rose 1.7% after Johnson & Johnson announced … Read more

Here are Friday's biggest analyst calls of the day: Target, Nvidia, Penn, Caesars, GE & more

Here are the biggest calls on Wall Street.

Johnson & Johnson, Rivian, Lordstown and more

Check out the companies making headlines before the bell: Johnson & Johnson — Shares of Johnson & Johnson rose nearly 4% in pre-market trading Friday after announcing plans to separate its consumer health business from its pharmaceutical and medical device operations. Rivian Automotive — Shares of the newly general electric car maker continued to rally … Read more

Lordstown Motors delays EV pickup production due to supplier issues

The Endurance Corp. electric pickup truck sits down. Matthew Hatcher | Bloomberg | Getty Images The company said Thursday that commercial production and deliveries of Lordstown Motors’ first product, an all-electric truck called the Endurance, have been postponed again. The beleaguered electric EV company said it is now expected to start commercial production in the … Read more

Stocks making the biggest moves after hours: Lordstown Motors and more

Workers install door hinges on the body frame of a prototype electric endurance pickup truck on June 21, 2021 at the Lordstown Motors assembly plant in Ohio. Michael Wayland/CNBC Check out which stocks are making the headlines in extended trading on Thursday. Blink Charging – Electric vehicle charging stock rose 5% after Blink Corporation reported … Read more