IPO Year:
Exchange: NASDAQ
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EV subscription fleet order valued at $1.2B Fleet order placed for 45 electric vehicle models from 17 global automakers Expected delivery timeline within 6 to 18 months Order represents 1.2% of the projected U.S. electric vehicle production through the end of 2023 Autonomy™, the nation's largest electric vehicle subscription company, today placed an order for 23,000 electric vehicles with 17 global automakers to expand and diversify its subscription fleet beyond Tesla. The fleet order is valued at $1.2B. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220809005495/en/The 23,000 order represents 1.2% of the projected U.S. e
Friday's session saw 225 companies set new 52-week lows. Significant Points From Today's 52-Week Lows: Norfolk Southern (NYSE:NSC) was the largest, in terms of market cap, to set a new 52-week low. Grom Social Enterprises (NASDAQ:GROM) was the smallest firm by market cap to set a new 52-week low. IMAC Hldgs (NASDAQ:BACK)'s stock moved significantly downwards, trading down 2592.31% to reach a new 52-week low. TH International (NASDAQ:THCH) saw the sharpest rebound, as shares ascended 0.0%, reversing after hiting a new 52-week low. Stocks that set new 52-week lows on Friday are as follows: Kenvue (NYSE:KVUE) stock drifted up 0.4% on Friday morning to hit a new 52-week low of $20
In 2021, Hertz Global Holdings Inc (NASDAQ:HTZ) was in the midst of a nationwide rollout of Tesla Inc (NASDAQ:TSLA) vehicles in the U.S. for its car rental program. What Happened: With lower maintenance and fueling costs, Hertz saw an opportunity to expand its rental fleet while potentially increasing profit per vehicle. Hertz then partnered with Uber for a program in which drivers could pay a monthly fee to use the electric vehicles for their ride-share business. As shared by Electrek, Hertz and Uber want to expand their European fleet with more electric vehicles — and not just Teslas. Up to 25,000 electric vehicles will be available to Uber drivers in Europe by 2025, and while the exac