Is LiveWire Group, Inc. (NYSE:LVWR) the Leading EV Stock to Invest in Currently? [Yahoo! Finance]
LiveWire Group, Inc. (LVWR)
Company Research
Source: Yahoo! Finance
According to the Global EV Outlook 2024 by the International Energy Agency , electric car sales surged in 2023, reaching nearly 14 million globally. This represents a 35% jump from 2022 and brings the total number of electric cars on the road to 40 million. Weekly registrations in 2023 surpassed the entire annual total from just ten years ago. Electric cars now account for 18% of all car sales globally, a significant climb from 2% in 2018. This rapid growth indicates a maturing electric car market with strong momentum. Interestingly, battery electric cars make up the majority (70%) of electric vehicles on the road today. Approximately 95% of these sales were concentrated in China, Europe, and the United States, which dominate new electric car registrations. In these regions, electric cars represent a significant share of their local markets, with over 30% in China and over 20% in Europe. As these three key markets account for two-thirds of total car sales globally, their swift adop
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LVWR
News
- LiveWire Group, Inc. (NYSE: LVWR) had its price target lowered by analysts at Citigroup Inc. from $7.75 to $7.25. They now have a "neutral" rating on the stock.MarketBeat
- LiveWire Group, Inc. (NYSE:LVWR) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- LiveWire Group First Quarter 2024 Earnings: US$0.12 loss per share (vs US$0.10 loss in 1Q 2023) [Yahoo! Finance]Yahoo! Finance
- LiveWire Group, Inc. Reports 2024 First Quarter Financial Results [Yahoo! Finance]Yahoo! Finance
- LiveWire Group, Inc. Reports 2024 First Quarter Financial ResultsBusiness Wire
LVWR
Sec Filings
- 6/17/24 - Form 4
- 6/14/24 - Form 144
- 6/13/24 - Form 4
- LVWR's page on the SEC website