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16.03.26 - 15:15
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BYD Shares Soar Most In 13 Months As Chinese EV Push Into Americas Accelerates (ZeroHedge)
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BYD Shares Soar Most In 13 Months As Chinese EV Push Into Americas Accelerates
Shares of Chinese EV maker BYD surged the most in 13 months after a report that its factory in Bahia, Brazil, a former Ford Motor plant, secured export orders for about 100,000 vehicles from Argentina and Mexico. This development suggests BYD's strategy to localize production in South America is still in its early stages and set to flood the continent with Chinese EVs.
Bloomberg quoted Macquarie Capital analyst Eugene Hsiao, who said the local Chinese media report about BYD's Brazil factory receiving large orders from Argentina and Mexico suggests that "this is positive for the broader BYD thesis, which is that overseas sales will become the core growth and profit driver over time."
Brazil is BYD's largest market outside China. The factory in Bahia is critical to the Chinese company's overseas expansion plans in the Americas. The plant has a capacity to make 150,000 EVs per year.
In BYD's home mark...
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16.03.26 - 14:06
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Regions Bank Names Jay Darnell as Head of Commercial Card and Fintech Enablement (Business Wire)
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Darnell returns to Regions to build on innovative commercial card solutions for business clients.BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Bank on Monday announced Jay Darnell has rejoined the company to serve as head of Commercial Card and Fintech Enablement.
Darnell will lead teams delivering commercial card and B2B payment services for companies of all sizes. He will advance ongoing investments in Regions' Commercial Card platform, developing automated, integrated and efficient solutions that strengthen clients' cash-management operations.
“Money moves faster today than ever before, and Regions Bank is committed to solutions that move at the speed of business,” said Bryan Ford, head of Regions Bank's Treasury Management division. “Client convenience and constant innovation are at the heart of our strategy. Jay Darnell's deep experience in fintech enablement, commercial cards, and leading successful teams will help us build on our legacy of service. Further, he knows the Regions culture and o...
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13.03.26 - 13:18
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Ford (F) Fumbles Once Again and Continues To Disappoint Investors (24/7 Wall St.)
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Summary: Ford (F) recently announced another recall; this time recalling over 83,000 vehicles. That combined with its on again/off again relationship with EV, has some beginning to question how long the company can continue fumbling the ball before its stock takes a hit and they begin to look elsewhere for new leadership. Two of our ... Ford (F) Fumbles Once Again and Continues To Disappoint Investors
The post Ford (F) Fumbles Once Again and Continues To Disappoint Investors appeared first on 24/7 Wall St.....
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13.03.26 - 13:12
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ChargePoint bietet Ladelösungen für Ford-Pro-Kunden (Electrive)
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Fords Sparte für leichte Nutzfahrzeuge und der Ladeinfrastruktur-Anbieter ChargePoint haben eine neue Zusammenarbeit für Deutschland und Großbritannien geschlossen. Der Deal umfasst spezielle EV-Ladelösungen für zu Hause, Depots und Arbeitsplätze für gewerbliche Flottenkunden von Ford....
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13.03.26 - 11:24
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Ford: Schreckgespenst der Kündigungen verflüchtigt sich in Köln (Cash)
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- Beim Autobauer Ford in Köln drohen keine betriebsbedingten Kündigungen mehr. Es hätten sich mittlerweile rund 2.100 Beschäftigte bereiterklärt, das Unternehmen freiwillig zu verlassen, sagte der IG-Metall-Sprecher bei Ford Köln, David Lüdtke, der dpa in Köln....
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