GM CEO Dan Akerson announced that subsidiary Envia Systems has made progress on the development of a battery that could allow an electric car to go up to 200 miles on a single charge. The company believes that such an advance could happen within the next four years, and become a game changer in the electric car business.
While still in its relative infancy, competition is fierce between electric cars, such as Chevrolet's Volt and the Nissan Volt. Toyota (NYSE:TM) has begun to manufacture a plug in hybrid based on its popular Prius model, but the car only goes 11 miles in all electric mode. Tesla Motors does have a model that can go 300 miles on a single charge, but the batteries are large, heavy, and expensive.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
The collective wisdom of the membership
Launch related slideshow:
Wednesday 5/24 Insider Buying Report: EML, NS
Tuesday 5/23 Insider Buying Report: PATK, DAR
Tuesday 5/23 Insider Buying Report: CHDN, WRD
Nasdaq 100 Movers: ALXN, INTU
S&P 500 Movers: TIF, INTU
Dow Movers: HD, GE
S&P 500 Analyst Moves: XYL
Dow Analyst Moves: GE
S&P 500 Analyst Moves: EA
Wednesday Sector Laggards: Transportation Services, Shipping Stocks
Wednesday Sector Leaders: Aerospace & Defense, Defense Stocks
Tuesday Sector Laggards: Precious Metals, Music & Electronics Stores
Wednesday's ETF with Unusual Volume: DWAS
Wednesday's ETF Movers: ILF, GDXJ
XLV, ULE: Big ETF Outflows
Daily Dividend Report: KRC, MRK, CME, BDX, MAA, PF
Daily Dividend Report: HRL, EXR, DDS, EXP, CASH
Daily Dividend Report: ADC, AET, YUM, VAL, WLK, SUI
Fed Tapers Bond Buying
Nonfarm payroll Employment Up 175,000 in February
Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4
Weekly Market Wrap: August 14, 2015
Weekly Market Wrap: August 7, 2015
Weekly Market Wrap: July 31, 2015
Week Ahead Market Report: June 8, 2015
Week Ahead Market Report: May 18, 2015
Week Ahead Market Report: May 4, 2015