Nissan Motor Co., Ltd. (NSANY)
- Zacks
Auto Roundup: STLA-UAW Lawsuits, NSANY's ChargeScape Investment & More
While Stellantis files multiple lawsuits against the UAW, Nissan announces investment in auto tech firm ChargeScape.
- Reuters
Japan's Nissan to invest in auto tech firm ChargeScape
After the transaction, Nissan will pick up a 25% stake in ChargeScape, becoming an equal investor in the joint venture that is currently equally owned by BMW, Ford and Honda. ChargeScape, which provides software and technology to optimize EV battery charging, competes in a tight market that is dominated by Tesla and has seen newer entrants such as ChargePoint, Gridserve and BP Pulse. Demand for automotive software catering to electrified vehicles has been on the rise as more companies realign their model lineups with advanced driver aids and automated features.
- Zacks
Nissan Motor Co. (NSANY) Upgraded to Buy: Here's Why
Nissan Motor Co. (NSANY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
