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Ark Invest Latest News

  • Star stock picker Cathie Wood of Ark Invest remained bullish on top holding Tesla Inc. despite growing fears of a U.S. recession and shutdowns of the car maker's Shanghai factory due to spiking coronavirus cases.
    Ark's Wood Remains Bullish On Tesla As U.S. Recession Fears Rise

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  • Chinese auto maker SAIC Motor Corp Ltd said on Thursday it would join forces with e-commerce giant Alibaba Group Holding Ltd to invest 1 billion yuan ($160 million) in a fund to develop Internet-connected cars.
    SAIC Motor & Alibaba to Invest $160 million in Internet-Connected Cars
  • Auto major Mahindra and Mahindra has proposed to invest Rs 4,000 crore for setting up a large manufacturing facility in Tamil Nadu which would roll out the company's future models, a top official said on Saturday.
    Mahindra & Mahindra Plans to Invest 4000 Crore on New Manufacturing Plant in Tamil Nadu
  • BMW and carbon-fiber producer SGL are preparing to invest more than 100 million euros to build a new plant and double the joint production of automotive carbon fiber.
    BMW partnership to invest 100 million Euros to produce carbon-fiber