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Rivian barely beats earnings expectations, bucking industry trend

Teslarati

Rivian has reported its first-quarter earnings, showing the company has slightly beat its earnings expectations, bucking the industry trend. According to Yahoo Finance, this contributed to slightly beating investor expectations, set at $657.7 Following its earnings report, Rivian’s stock price climbed in after-hours trading.

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The $32-Trillion Push To Disrupt The Entire Oil Industry

Green Car Congress

Increased shareholder activism, combined with global warming policies of institutional investors and NGOs, are pushing IOCs in a corner, constricting financing options for oil companies. With less financing options for IOCs, and also oilfield services, the already existing investment gap in upstream investment worldwide will only grow wider.

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Used car mkt sees price surge, SUV demand – ET Auto

Baua Electric

With new car prices soaring over the last few years, the value of used cars has also gone up. In the last two years, the average ticket prices in the used car market has gone up to 6-6.5 In the last two years, the average ticket prices in the used car market has gone up to 6-6.5 lakh, a Baleno is priced between 4.7

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EV Battery Cell & Pack Prices Dropping At Surprising Rate

Get Electric Vehicle

Battery prices have dropped dramatically over the years, and though there may be some fluctuations it appears that they will continue to do so at a rapid pace. According to Bloomberg New Energy Finance’s annual battery survey, annual battery pack prices fell 6% from 2020 to 2021. Prices in Europe are 60% higher.

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A mini industry spawns under the hood of a booming car market – ET Auto

Baua Electric

Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold. As per industry estimates, about 4.1 Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold.

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Oil Well Strippers Suffering From Low Oil Prices

Green Car Congress

With OPEC breaking down and any kind of coordination among its members on price cuts looking increasingly unlikely, it now appears that oil prices could remain below $50 a barrel for a year or more. At current prices, essentially all US stripper wells are at best break-even and the majority are probably losing money.

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Study: EVs cannot succeed without developing parallel supercharging networks

Green Car Congress

These are the observations in an in-depth study of the industry by management professors at the University of California, Davis, and Dartmouth College. The article, “The Business of Electric Vehicles: A Platform Perspective,” was published recently in Foundations and Trends in Technology, Information and Operations Management.

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