Daily Archive: November 30, 2022

Tesla’s Stock Upgraded As Market Shifts

Tesla’s stock is among many that have had a rough year in the face of the current bear market. But some investors see the company’s shares trading at low prices as an opportunity, while one analyst even upgraded Tesla’s stock ahead of the coming holidays. Citi Research analyst Itay Michaeli upgraded Tesla’s stock from a […]

Semiconductor Shortage Could Soon Become A Glut Of Chips

The shortage of semiconductor chips required for advanced technologies will soon turn into a surplus, reversing the semiconductor shortage that has afflicted the automotive industry for the majority of the previous two years. VNC Automobile, an in-vehicle networking specialist, believes that the possibility of a recession may trigger a surplus. “It’s ironic that the very […]

The Shoprite Group Becomes The First South African Retailer To Pilot A Heavy Duty Electric Truck

The Shoprite Group is South Africa’s largest retailer by market capitalization, sales, profit, and number of employees and customers. Shoprite operates in 11 African countries, and has more than 2,900 stores across Africa. The Shoprite Group is expanding its key environmental programs as part of its sustainability strategy. One the major components of this strategy […]

Report: VW in talks with Foxconn to make Scout electric SUVs

Teaser for Scout SUV conceptVolkswagen is in talks with Foxconn to build electric pickup trucks and SUVs for its Scout brand, according to a recent Reuters report. VW said in May that it would reintroduce the Scout name, which originated with the classic International Harvester Scout, one of the earliest SUVs. While that first Scout was just one model, VW envisions an entire...