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Investor’s Business Daily and TechnoMetrica Find Interest in Electric and Alternative Fuel Vehicles, But Also Concerns

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New study gauges today’s interests and preferences, compared with 2014

LOS ANGELES–(BUSINESS WIRE)–#IBDInvestor’s Business Daily (IBD), a leading financial news and research organization, and TechnoMetrica, a nationally recognized research firm, today announced the results of the 2019 Investor’s Business Daily/TIPP Electric Vehicle Outlook Study. The report was designed to measure consumer interest and preferences regarding electric and alternative fuel vehicles and compare the current findings with similar research conducted in 2014.

“This report highlighted a number of changes in Americans’ sentiment towards electric vehicles over the past five years, most notably that automakers have some work to do to convert interest into action,” said Jerry Ferrara, president of IBD.

Factors Determining Electric Vehicle Demand

According to the new report, EVs make up just 1% of all vehicles on U.S. roads, a slight gain from 2014. Nearly one-quarter (23%) of U.S. drivers have expressed an interest in acquiring an electric vehicle, up from 17% five years ago.

However, topping their concerns about EVs are range and charging infrastructure, with 82% and 75% of respondents respectively calling these a critical factor. “Range anxiety is real and is fueling apprehension about making an EV purchase,” said Ferrara.

Consumers have become less price sensitive, however, with fewer than half citing the extra cost of an electric vehicle as important in their purchase decision, compared with 57% in 2014, potentially attributable to a greater understanding of the cost-saving benefits of EVs.

When asked specifically about a lack of interest in EVs, limited range again topped the list, followed by the physical makeup and size, a concern which grew from 12% to 15%, mirroring today’s increased sales of larger vehicles.

The survey revealed a detailed wish list for the ideal EV automobile: It would offer more than 270 miles of range, require two or less hours to charge and cost no more than $30,000. As of now, no vehicles meet this standard.

Growth Potential Largest in Midwest, And Among Younger Consumers

Currently, the Midwest boasts the largest share of alternative fuel vehicle owners of any region in the U.S, at 18%. And, one in five drivers there expressed interest in acquiring an EV, up seven points over the past five years. That could be related to the fact that these drivers are less concerned with range. Only 13% cited limited range as a reason for their lack of interest, compared with 20% of Westerners, 16% of Northeasterners and 14% of Southerners.

And, as might be expected, drivers ages 18 to 24 are the most enthusiastic about EVs, with 42% expressing interest in acquiring one. They are most swayed by the environmental aspects, with 81% citing it as a critical factor in their EV purchase decision, up from 72% five years ago. They are also the group least likely to experience “range anxiety,” with only 61% ranking “distance on a single charge” as a very important factor in their decision to purchase an electric vehicle, down from 73% in 2014.

Interest Revs Up for Alternative Fuel Vehicles

The study found that the number of U.S. drivers interested in a vehicle that runs on any type of alternative fuel—including gas-electric hybrids, flex fuel, diesel and natural gas— jumped to 60%, up seven percentage points from 2014.

Most notably, natural gas vehicles have been adopted at a faster rate than any other type of alternative fuel vehicle, growing from 1% to 5% between 2014 and 2019.

ABOUT THE IBD©/TIPP POLL

The IBD/TIPP Electric Vehicle Outlook Study, conducted with TechnoMetrica, is based on 854 nationwide telephone interviews with adult American drivers from April 26 to May 5, 2019. The margin of error for the sample at the 95% Confidence level is +/- 3.3 percentage points. In 2014, live telephone surveys were conducted with 788 U.S. adult drivers from February 22 to February 26, 2014. The sample’s margin of error was +/- 3.4 percentage points, at the 95% confidence level. In both studies, two-thirds of the interviews came from a cell phone sample of registered voters, while the remaining one-third came from landlines. TIPP is the polling arm of TechnoMetrica.

About IBD

Investor’s Business Daily (IBD) is a leading financial news and research organization recognized for proprietary stock screens, comparative performance ratings and a record of identifying stock leaders as they emerge. The company takes a data-first approach to investing, educating investors about how to invest successfully using tested methods and sound research. IBD has honed its approach over the last 50 years to help investors make smarter decisions. Its stock lists have outperformed the S&P, and its presidential poll, the most accurate over the past four election cycles, was one of only two national polls to accurately predict the outcome of the 2016 Presidential Election. IBD offers a number of interactive stock research tools and provides information for investors of every level. To learn more about all that IBD has available, please visit www.investors.com.

© 2019 Investor’s Business Daily, Inc. All rights reserved. Investor’s Business Daily, IBD, CAN SLIM and their corresponding logos are registered trademarks of Investor’s Business Daily, Inc.

Contacts

For Editorial Contact:

Marisa Lam

GMK Communications for IBD

marisa@gmkcommunications.com

650.544.3350

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Business and Management

MMSI LOSS NOTICE: TOP RANKED ROSEN LAW FIRM Reminds Merit Medical Systems, Inc. Investors of Important Deadline in Securities Class Action – MMSI

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NEW YORK–(BUSINESS WIRE)–Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Merit Medical Systems, Inc. (NASDAQ:MMSI) between February 26, 2019 and October 30, 2019, inclusive (the “Class Period”) of the important February 3, 2020 lead plaintiff deadline in the securities class action. The lawsuit seeks to recover damages for Merit Medical investors under the federal securities laws.

To join the Merit Medical class action, go to http://www.rosenlegal.com/cases-register-1736.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the integrations of Cianna and Vascular Insights, including their products, sales people, and R&D facilities, had caused operational disruptions, reduced sales, and were months behind schedule; (2) sales of acquired company products had slowed substantially due to pre-acquisition pipeline fill, in particular for Vascular Insights products which, as late as July 2019, had zero orders during fiscal 2019; (3) in light of the foregoing, Merit Medical’s reported financial guidance for fiscal 2019 and 2020 was made without a reasonable basis; and (4) as a result, Merit Medical’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 3, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1736.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.

Contacts

The Rosen Law Firm, P.A.

Laurence Rosen, Esq.

Phillip Kim, Esq.

275 Madison Avenue, 40th Floor

New York, NY 10016

Tel: (212) 686-1060

Toll Free: (866) 767-3653

Fax: (212) 202-3827

lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

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Business and Management

FIAT LOSS NOTICE: TOP RANKED ROSEN LAW FIRM Reminds Fiat Chrysler Automobiles N.V. Investors of Important Deadline in Securities Class Action – FCAU

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NEW YORK–(BUSINESS WIRE)–Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Fiat Chrysler Automobiles N.V. (NYSE:FCAU) from February 26, 2016 and November 20, 2019, inclusive (the “Class Period”) of the important January 31, 2020 lead plaintiff deadline in securities class action. The lawsuit seeks to recover damages for Fiat investors under the federal securities laws.

To join the Fiat class action, go to http://www.rosenlegal.com/cases-register-1732.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Fiat employed a bribery scheme to obtain favorable terms in its collective bargaining agreement with International Union, United Automobile, Aerospace and Agricultural Implement Workers of America; (2) high-ranking Fiat officials were aware of and authorized the scheme; and (3) due to the foregoing, defendants’ statements about Fiat’s receivables, business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 31, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1732.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors.

Contacts

The Rosen Law Firm, P.A.

Laurence Rosen, Esq.

Phillip Kim, Esq.

275 Madison Avenue, 40th Floor

New York, NY 10016

Tel: (212) 686-1060

Toll Free: (866) 767-3653

Fax: (212) 202-3827

lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

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Business and Management

Republic Bank Opens New West Broadway Banking Center inside Republic Bank Foundation YMCA

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LOUISVILLE, Ky.–(BUSINESS WIRE)–Republic Bank announced today that it has opened a new banking center inside the Republic Bank Foundation YMCA at 1720 W. Broadway, Suite 103.

“We are thrilled to open this new Republic Bank location in Louisville on West Broadway,” said Jammie Williams, Business Development Manager – Broadway. “Our strong team of local bankers are invested in the community and committed to taking care of our clients in this neighborhood. The opening of this new banking center is just one way we make banking ‘easier’ for our clients through the combination of both bank lobby service and extended service hours offered by our Interactive Teller Machine.”

“Our new West Broadway location inside the Republic Bank Foundation YMCA will enhance our successful community banking model in Louisville,” said Republic Bank Chairman and CEO Steve Trager. “We look forward to helping businesses and consumers achieve their financial goals and extending friendly, local lending.”

In addition to traditional bank lobby hours from 9:00 a.m. to 4:00 p.m. Monday – Thursday, 9:00 a.m. to 5:00 p.m. on Friday, and 9:00 a.m. to 12:00 noon on Saturday, this location will feature both a walk-up and drive-thru Interactive Teller Machine (“ITM”). ITMs feature live customer service representatives available through real-time video, allowing for extended banking hours and greater customer convenience. ITMs allow clients to easily make deposits without an envelope or deposit slip, cash checks for exact change, and make loan payments. Transactions are processed the same day, even after regular banking hours. The Republic Bank ITM offers convenient banking from 7:30 a.m. to 6:00 p.m. on weekdays and 8:30 a.m. to 1:00 p.m. on Saturday.

Republic Bancorp, Inc. (the “Company”) is the parent company of Republic Bank & Trust Company (the “Bank”). The Bank currently has 41 full-service banking centers and two loan production offices throughout five states: 28 banking centers in 8 Kentucky communities – Covington, Crestview Hills, Florence, Georgetown, Lexington, Louisville, Shelbyville, and Shepherdsville; three banking centers in southern Indiana – Floyds Knobs, Jeffersonville, and New Albany; seven banking centers in six Florida communities (Tampa MSA) – Largo, Port Richey, St. Petersburg, Seminole, Tampa, and Temple Terrace, and one loan production office in Oldsmar; two banking centers in Tennessee (Nashville MSA) – Cool Springs (Franklin) and Green Hills (Nashville), and one loan production office in Brentwood; and one banking center in Norwood (Cincinnati), Ohio. The Bank offers internet banking at www.republicbank.com. The Bank also offers separately branded, nation-wide digital banking at www.mymemorybank.com. The Company has $6.1 billion in assets and is headquartered in Louisville, Kentucky. The Company’s Class A Common Stock is listed under the symbol “RBCAA” on the NASDAQ Global Select Market.

Republic Bank. It’s just easier here.®

Contacts

Michael Sadofsky

Chief Marketing Officer

Louisville, Kentucky

(502) 561-7125

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