The Latest Breaking News from SAIC

As China's EV overcapacity concerns increase, a logistical nightmare is unfolding in Europe.

830,783 new passenger plug-in electric cars were registered globally in February (about 3% more than a year ago). The market share amounted to roughly 13%.

In January 2024, global registrations of plug-in electric cars continued at a seven-digit level, and a solid year-over-year growth rate.

In January, some 668,000 new passenger plug-in electric cars were registered in China. That's about 32% of all new car registrations.

Amid the backdrop of rising digitization initiatives and widespread adoption of cutting-edge technologies, the tech industry appears well-positioned for robust growth. Let's analyze tech stocks, Western Digital Corporation (WDC), Science Applications International (SAIC), Gilat Satellite Networks (GILT), and SOBR Safe (SOBR) to determine whether they are a Buy or Sell.

China on Thursday urged companies not to be "blinded by lies" about its rights record in Xinjiang, after German automaker Volkswagen said it was discussing the future of its activities in the troubled region.

More than 13.6 million plug-in electric cars were sold in 2023. Five OEMs continued to be responsible for more than half of all plug-in car sales globally.

Plug-in electric car sales growth in China reached another monthly record level in December, which added to the overall spectacular annual result.

The technology services industry is expected to see long-term growth as a result of increased digital transformation and the use of emerging technologies. So, it could be wise to invest in quality tech Nomura Research (NRILY), Science Applications International (SAIC), and AUO Corporation (AUOTY). Read on.