ECARX Holdings Inc. (ECX): Leading EV Penny Stock with Strong Tech Growth [Yahoo! Finance]
ECARX Holdings Inc. (ECX)
Company Research
Source: Yahoo! Finance
According to an S&P Global report on October 21, the automotive industry faces challenges in sustaining EV sales after initial adoption by early technology enthusiasts. Analysts indicate that higher EV prices, typically $10,000 to $15,000 more than comparable internal combustion engine (ICE) models, have hindered broader consumer purchases. While some automakers have recently lowered prices, demand remains closely tied to subsidies. The report highlighted that demand often declines in markets where subsidies and incentives decrease. In the U.S., states like New Jersey continue to offer incentives, such as up to $4,000 for new battery EVs and $250 for EV chargers, to help close the price gap. Another challenge is that range anxiety persists, especially in colder weather, which can reduce battery efficiency by about 25% when temperatures drop below 40°F, according to Consumer Reports. Additional challenges include insufficient charging infrastructure, longer charging times compared
Show less
Read more
Impact Snapshot
Event Time:
ECX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ECX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ECX alerts
High impacting ECARX Holdings Inc. news events
Weekly update
A roundup of the hottest topics
ECX
News
- ECARX Showcases Skyland Pro High-Performance ADAS Solution at AutoSens China 2024GlobeNewswire
- ECARX Signs Components Procurement and R&D Services Agreement with Geely AutoGlobeNewswire
- ECARX Holdings Inc (ECX) Q3 2024 Earnings Call Highlights: Revenue Growth Amidst Margin Challenges [Yahoo! Finance]Yahoo! Finance
- ECARX Holdings Inc. 2024 Q3 - Results - Earnings Call Presentation [Seeking Alpha]Seeking Alpha
- ECARX Holdings reports Q3 results [Seeking Alpha]Seeking Alpha
ECX
Sec Filings
- 11/18/24 - Form 6-K
- 11/7/24 - Form 6-K
- 9/30/24 - Form 6-K
- ECX's page on the SEC website