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Green Stock News for December 2, 2024: XPeng, Niu Technologies, Digihost Technology, Vision Marine Technologies

Welcome to the green stock news brief for Monday, December 2nd. Here are today’s top headlines:

XPeng (NYSE: XPEV) has delivered a record 30,895 Smart EVs in November 2024, marking a 54% year-over-year increase. The company also expanded into Nepal and the UK, while its G6 model gained international recognition, winning the 2024 Technology Frontrunner award at the Danish Car of the Year ceremony.

Niu Technologies (NASDAQ: NIU) has launched a nationwide direct-to-consumer sales platform, allowing U.S. customers to purchase, finance, and register its XQi3 dirt bikes entirely online. This platform combines e-commerce convenience with dealer expertise, offering direct shipping or dealer-assisted delivery options.

Digihost Technology (NASDAQ: DGHI) reported producing 37 BTC in November 2024, with total cash and BTC holdings rising 11% month-over-month to $10 million. The company continues to invest in infrastructure while maintaining 100MW of available power and preparing to utilize an additional 300MW for significant revenue growth in early 2025.

Vision Marine Technologies (NASDAQ: VMAR) has partnered with Massimo Marine to develop a 30-foot electric pontoon boat for commercial and recreational markets, aligning with its strategy to offer complete electric boats directly to consumers. Leveraging its expertise in electric propulsion, Vision Marine aims to meet growing U.S. demand for pontoons, which saw a 5% sales increase in 2023.

Disclaimer

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Forward-Looking Statements

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Xpeng12 2 2024

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