The EV Wave Is Disrupting Industries And Lifestyles Across The Globe
Portfolio Pulse from Upwallstreet
Worksport Ltd (WKSP) is expanding its renewable energy offerings with TerraVis tonneau covers and portable COR batteries, while Amazon (AMZN) backs Rivian Automotive (RIVN) with a deal for 100,000 electric trucks. The EV wave is disrupting industries and lifestyles globally.
May 18, 2023 | 6:54 pm
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Amazon's deal with Rivian for 100,000 electric trucks and its role as a middleman for renewable energy products could benefit the company as the EV wave continues to grow.
Amazon's deal with Rivian for 100,000 electric trucks and its role as a middleman for renewable energy products, such as Worksport's offerings, positions the company to benefit from the growing EV wave. This could have a positive impact on Amazon's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Rivian's deal with Amazon for 100,000 electric trucks and its recent safety ratings could boost the company's reputation and demand for its vehicles, positively impacting its stock price.
Rivian's deal with Amazon for 100,000 electric trucks and its recent safety ratings from the Insurance Institute for Highway Safety could boost the company's reputation and demand for its vehicles. This could have a positive impact on Rivian's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Worksport's TerraVis tonneau covers and portable COR batteries promise to extend EV driving range and power remote locations, potentially increasing demand for their products.
Worksport's TerraVis tonneau covers and portable COR batteries can extend the driving range of EV pickups and power remote locations, making them attractive to consumers. This could lead to increased demand for their products, positively impacting their stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100