|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||93.58 - 94.74|
|52-week range||83.18 - 105.97|
|Beta (5Y monthly)||0.45|
|PE ratio (TTM)||0.20|
|Earnings date||07 Feb 2024 - 12 Feb 2024|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Xcel Energy (XEL) collaborates with Ford Pro to support the installation of 30,000 EV charging ports in its service territories across the United States by 2030.
In 2019, America targeted telecoms equipment maker Huawei and pressured its allies to follow suit. The export controls enforced by the US Commerce Department nearly killed Huawei. US power utility Duke Energy has disconnected batteries made by Chinese company Contemporary Amperex Technology Co Ltd at a US Marine base camp, following pressure from lawmakers fearing national security threats from Chinese government links.
The world’s biggest electric-vehicle battery maker has hit back against accusations it poses a national security threat after the Chinese company’s technology was cut off from a US military base. “Accusations about CATL batteries posing espionage threats are false and misleading,” said the company in a statement on Thursday. CATL’s statement follows an open letter on Friday from Republican senator Marco Rubio and other lawmakers to US defence secretary Lloyd Austin, which alleged the battery maker was close to the Chinese leadership and that its presence on a military base in North Carolina was “inexcusable”.