The EV boom is accelerating. Over the last few days, General Motors Company (NYSE:GM) just announced it will boost global spending on EVs to 435 billion through 2025. The automaker will build two additional battery plants in the U.S. The company also announced it’ll invest $35 billion in a U.S. based lithium project to meet its … Continue reading “Top Ways to Invest in the Accelerating EV Boom”
Tag: General Motors
The Top Reasons the World Must Have More Lithium Supply
The world could soon run into a massive lithium supply crunch. All thanks to the electric vehicle boom that shows no signs of slowing down. In fact, we can see just how enthused EV investors have become by looking at stocks, like Tesla and Nio. While the pandemic has slowed growth, EV demand is only … Continue reading “The Top Reasons the World Must Have More Lithium Supply”
General Motors Cuts Dividend and Buyback Program
2020 has not been kind to dividends. Thanks to the coronavirus, General Motors (GM) just cut its quarterly cash dividend and its share buyback program. All as the virus does severe damage to global auto sales. “We continue to enhance our liquidity to help navigate the uncertainties in the global market created by this pandemic,” … Continue reading “General Motors Cuts Dividend and Buyback Program”
The Top Small Cap Performers for May 8, 2019
Some of the best performing small cap stocks on the day included: Workhorse Group Inc. (WKHS) Shares of WKHS were up 214.5%, or $1.81 on the day after Donald Trump tweeted that General Motors CEO Mary Barra said that GM would sell its Lordstown manufacturing plant to Workhorse to build electric trucks. The stock saw … Continue reading “The Top Small Cap Performers for May 8, 2019”