Mar 27, 2022 - 04:02 pm
Vitesco records major earnings from electrification
Vitesco Technologies has published its 2021 earnings and the focus on 800-Volt technology was paying off. E-mobility products made up almost half of their revenue last year. The news also saw the company announcing another major order worth around two billion euros for its latest electric drive system.
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Jul 26, 2021 - 11:25 pm
Tesla reports more than $1 billion in net income in Q2
The latest Tesla earnings call reveals a tenfold increase in net income as Tesla made over one billion dollars after expenses. The company also continues to produce at capacity, amid persisting global challenges and record demand for electric cars.
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Jan 27, 2021 - 11:37 pm
Tesla Earnings Q4/2020: Tesla marks full year of profits
It seems like it is becoming a regularity – Tesla reporting a profit. Q4/2020 was no different only investors had perhaps become a little too used to being in the black with high gains so shares jumped not as much as they could at this turning point.
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Oct 31, 2018 - 06:38 pm
CATL & Panasonic profits drop due to investments
Competing for the top of the battery value chain comes at a cost as the latest earnings of both CATL and Panasonic show. While China’s cell making powerhouse reports a plus 60% in revenue, their profit fell. Panasonic paints a similar picture and in both cases, investments are weighing heavy – for now.
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