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RIDE - Lordstown Motors News Story

$8.04 -0.6  -6.9%

Last Trade - 8:56pm

Sector
Consumer Cyclicals
Size
Mid Cap
Market Cap £1.10bn
Enterprise Value £645.1m
Revenue £n/a
Position in Universe 2467th / 6849

BUZZ-EV stocks cheer Biden's promise to halve emissions by 2030

Thu 22nd April, 2021 6:30pm
(Updates)
    ** EV stocks jump after U.S President Joe Biden pledges to
halve greenhouse gas emissions from 2005 levels by 2030, a new
target to combat climate change
    ** Electric-vehicle maker Nikola  NKLA.O  jumps 18.7%
to$12.22, set to gain for a second straight session
    ** NKLA also announces a collaboration with TravelCenters of
America  TA.O  for hydrogen-fueling stations  urn:newsml:reuters.com:*:nL1N2MF23I
    ** Lordstown Motors  RIDE.O  up as much as 4.7% at $10.22,
while Canoo  GOEV.O  rises as much as 2.6% to $8.84
    ** Charging-equipment maker Chargepoint Holdings  CHPT.N 
and Blink Charging Co  BLNK.O  gain 5.9% and 1.6%, respectively
    ** Workhorse Group  WKHS.O  gains as much as 7.1% at $13.35
    ** The emissions cuts are expected to come from power
plants, automobiles, and other sectors, but the White House did
not set individual targets for those industries  urn:newsml:reuters.com:*:nL1N2MF14N
    

 (Reporting by Medha Singh and Tiyashi Datta in Bengaluru)
 ((medha.singh@thomsonreuters.com))
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