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Last week, Japan-based auto biggie Toyota TM $Toyota Motor (TM.US)$ announced an extensive electrification drive in a bid to secure a solid footing in the red-hot EV space. China’s key EV player NIO Inc. $NIO Inc (NIO.US)$ grabbed attention with its much-awaited annual NIO Day Event held in Suzhou in China on Dec 18, 2021, to shape the future of transportation.
Meanwhile, in an attempt to cash in on the increasing investors’ appetite for EV makers, U.S. iconic motorcycle maker Harley-Davidson HOG announced plans to make its e-bike unit LiveWire public via a SPAC merger.
EV startup Rivian Automotive $Rivian Automotive (RIVN.US)$ released third-quarter 2021 results, which marked the company’s first quarterly release since it went public last month. U.S. auto giant General Motors GM also made it to the top stories of the week as its EV600 light commercial vehicle and GMC Hummer e-pickup made way to customers for first deliveries.
Part of the content is taken Yahoo.
Meanwhile, in an attempt to cash in on the increasing investors’ appetite for EV makers, U.S. iconic motorcycle maker Harley-Davidson HOG announced plans to make its e-bike unit LiveWire public via a SPAC merger.
EV startup Rivian Automotive $Rivian Automotive (RIVN.US)$ released third-quarter 2021 results, which marked the company’s first quarterly release since it went public last month. U.S. auto giant General Motors GM also made it to the top stories of the week as its EV600 light commercial vehicle and GMC Hummer e-pickup made way to customers for first deliveries.
Part of the content is taken Yahoo.
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$NIO Inc (NIO.US)$
I hope for a big increase tomorrow.
I hope for a big increase tomorrow.
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$NIO Inc (NIO.US)$ It should be noted the option market is currently pricing in a 14% probability NIO closes at or above $40 by the January op-ex next year, so it's currently a lower probability event.But if the $30 level can hold for this week and there is no hawkishness out of the Fed for the FOMC on Dec. 15, then equities might get a Christmas rally to end the year, as the bearish pressure leading into the FOMC could subside.
On the other hand, if the stock closes below the $30 level on a weekly closing basis, then the next support does not come in until around $25.
On the other hand, if the stock closes below the $30 level on a weekly closing basis, then the next support does not come in until around $25.
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$NIO Inc (NIO.US)$ And the cow jumped over the moon!!!🚀🚀🚀
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