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Mark Hazel - 1 It's - 1 Ford - 1 Ferrari - 1 Jim Farley - 1 Wolfe - 1 Joe White - 1 Farley - 1
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Dearborn , Michigan U.S North America Europe Kentucky Louisville , Kentucky Stellantis Detroit
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Search resuls for: "EV600"


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☆ Ford turns 'dirty' business into a profit driver. GM and Stellantis are taking notice
  + stars: | 2024-08-05 | by ( Michael Wayland | ) www.cnbc.com   time to read: +10 min
Many fleet sales, especially daily rentals, have historically been viewed as a negative for auto companies. But Ford has proven that's not always the case by breaking out financial results for its "Ford Pro" fleet business. Ram, GM retoolAs Ford touts its fleet business, its closest rivals have amped up their operations. It launched "GM Envolve" last year, its overhauled fleet and commercial business focused on fleet sales, digital telematics and logistics for commercial customers. EV goalsGM Envolve includes the company's EV commercial business BrightDrop, which was folded back into the automaker last year instead of it acting as a subsidiary.
Persons: Mark Hazel, It's, Ford, Ferrari, Jim Farley, Wolfe, Joe White, Farley, BofA's John Murphy, Ram, Christine Feuell, Stellantis, Ram Ram, Ken Kayser, Sandor Piszar, Motors, Piszar, EV600 Organizations: Ford DETROIT, U.S, automakers, Ford Motor, General Motors, Chrysler, P Global Mobility, Ford, Ford Pro, Wolfe Research, North, GM, Ford Super Duty, Reuters, GM retool, CNBC, Software, Stellantis, GM Envolve, Sierra, GM Fleet, EV Locations: Dearborn , Michigan, U.S, North America, Europe, Kentucky, Louisville , Kentucky, Stellantis, Detroit
☆ Top Wall Street analysts expect these stocks to thrive despite macro pressures
  + stars: | 2023-02-26 | by ( Tipranks.Com Staff | ) www.cnbc.com   time to read: +6 min
To help with the process, here are five stocks chosen by Wall Street's top pros, according to TipRanks, a platform that ranks analysts based on their track records. Drbul reiterated a buy rating on Walmart and a price target of $165. He reiterated a buy rating and increased his price target to $175 from $155. Following the fourth-quarter results, BTIG analyst Peter Saleh reiterated a buy rating and "Top Pick" designation on CHEF, with a price target of $48. Power maintained a buy rating on Datadog and a $100 price target.
☆ GM's BrightDrop signs first customer in Canada, unveils country's first large EV factory
  + stars: | 2022-12-05 | by ( Lisa Baertlein | ) www.reuters.com   time to read: +2 min
REUTERS/Carlos OsorioDec 5 (Reuters) - The first electric delivery trucks rolled off production lines at BrightDrop's new factory in Canada on Monday, when the upstart unit of General Motors Co (GM.N) also announced DHL Express Canada (DPWGn.DE) as its first customer outside the United States. GM spent seven months and more than $2 billion transforming its 2 million-square-foot CAMI Assembly plant in Ingersoll, Ontario, into Canada's first large-scale electric vehicle (EV) factory for BrightDrop Zevo delivery trucks. It already has delivered 150 electric trucks to package carrier FedEx Corp (FDX.N). Those companies and many others have set goals to replace gas-burning delivery trucks and service vehicles with zero-emissions alternatives over time. DHL Express Canada's new relationship with BrightDrop "will help bring us closer to that target," CEO Andrew Williams said.
☆ Giants like Amazon, Walmart, and FedEx are desperate for electric delivery vans. Here are 7 hot names racing to win them over and lead in the projected $370 billion market.
  + stars: | 2022-02-14 | by ( Nora Naughton | Alexa St. John | ) www.businessinsider.com   time to read: +10 min
Major players like Amazon, UPS, and FedEx are driving demand for electric delivery vehicles. Here's a look at seven new names tapping into the red-hot commercial electric-vehicle sector, according to industry experts. The Walmart order was especially noteworthy, as budding commercial electric-vehicle players race to win contracts with the world's largest e-commerce giants. RivianThe EV startup Rivian began turning heads in 2019 when Amazon announced it was ordering 100,000 of its electric delivery vans. Lightning eMotors recently struck a deal to electrify certain General Motors medium-duty truck platforms that can be used for buses, delivery trucks, and work trucks.
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