Volkswagen (VLKAF) and its local partners plan to invest more than €10 billion ($11.8 billion) to build electric and hybrid cars in the country -- the world's biggest auto market -- over the next seven to eight years.
More electric vehicles are sold in China than anywhere else on the planet -- and the national government is pushing companies to design and build them on Chinese territory.
Under the plan announced Thursday, VW and its partners are aiming to develop and produce as many as 40 new electric and hybrid vehicle models in China between now and 2025. It expects the first of the new models to hit the Chinese market next year.
VW's top China exec, Jochem Heizmann, said the German company is "determined to be at the forefront" of China's electric vehicle revolution.
China accounts for about 50% of the global market for clean energy vehicles, according to investment firm East Capital. Chinese officials said two months ago that they were working on a plan to eventually phase out the production and sale of vehicles powered solely by fossil fuels.
Top Clean Energy Stocks To Invest In Right Now: Blueknight Energy Partners L.P., L.L.C.(BKEP)
Advisors' Opinion:- [By Ethan Ryder]
Shares of Blueknight Energy Partners LP Common Stock (NASDAQ:BKEP) have earned an average recommendation of “Hold” from the seven analysts that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating on the company. The average 12 month target price among brokers that have covered the stock in the last year is $4.00.
- [By Ethan Ryder]
Phillips 66 Partners (NYSE:PSXP) and Blueknight Energy Partners (NASDAQ:BKEP) are both oils/energy companies, but which is the superior investment? We will compare the two companies based on the strength of their dividends, valuation, earnings, institutional ownership, analyst recommendations, risk and profitability.
- [By Max Byerly]
Blueknight Energy Partners LP (NASDAQ:BKEP) hit a new 52-week low on Tuesday . The company traded as low as $2.30 and last traded at $2.37, with a volume of 12716 shares traded. The stock had previously closed at $2.35.
Top Clean Energy Stocks To Invest In Right Now: Collectors Universe, Inc.(CLCT)
Advisors' Opinion:- [By Shane Hupp]
Press coverage about Collectors Universe (NASDAQ:CLCT) has trended somewhat positive on Saturday, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Collectors Universe earned a media sentiment score of 0.05 on Accern’s scale. Accern also assigned news coverage about the business services provider an impact score of 45.3889072712147 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
- [By Max Byerly]
Media headlines about Collectors Universe (NASDAQ:CLCT) have been trending somewhat positive recently, Accern reports. The research group identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Collectors Universe earned a media sentiment score of 0.02 on Accern’s scale. Accern also assigned media headlines about the business services provider an impact score of 46.6176420788428 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Top Clean Energy Stocks To Invest In Right Now: Mastech Holdings, Inc(MHH)
Advisors' Opinion:- [By Joseph Griffin]
Mastech Digital Inc (NYSEAMERICAN:MHH) CFO John J. Cronin sold 12,000 shares of the firm’s stock in a transaction dated Tuesday, September 4th. The stock was sold at an average price of $10.74, for a total value of $128,880.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
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