|Bid||134,400.00 x 0|
|Ask||134,600.00 x 0|
|Day's Range||134,100.00 - 135,800.00|
|52 Week Range||120,100.00 - 226,279.19|
|Beta (5Y Monthly)||1.51|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 05, 2024 - Feb 09, 2024|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Dec 29, 2021|
|1y Target Est||202,413.00|
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The rapid push toward a carbon-neutral world has propelled a revolution in the automobile industry, resulting in rising demand for electric vehicles (EVs). The federal government has been incentivizing this change through subsidies and tax credits, making the EV sector blow up over the past few years. High-efficiency lithium battery manufacturers catering to electric vehicles have witnessed explosive growth over the past few years as well, thanks to the global shift toward clean-energy automobil
A recycling facility will be built in Kentucky to shred electric vehicle batteries in a $65 million venture between American and South Korean companies that will supply material for a separate battery-related operation in the same town, the companies announced Tuesday. The 100,000-square-foot (9,000-square meter) EV battery recycling facility to be built in Hopkinsville will create about 60 jobs, according to U.S.-based Ascend Elements, which is partnering with South Korea-based SK ecoplant and its electronic-waste recycling subsidiary, TES, on the project. Hopkinsville is 170 miles (274 kilometers) southwest of Louisville, Kentucky.
Three companies are creating a joint venture to produce battery cells for commercial electric vehicles in the United States. Cummins (CMI), Paccar (PCAR), Daimler (MBG.DE) have created a joint venture that will spend $2 to $3 billion to build a battery cell factory in a yet to be determined U.S. location. Yahoo Finance Senior Reporter Pras Subramanian breaks down the deal and discusses the growing EV investments in the United States.