Bayerische Motoren Werke AG
Polestar unveils a new $84,000 electric SUV it can be hoping will enable cement its foothold in the U.S.
Polestar 3 Courtesy: Polestar Swedish EV maker Polestar on Wednesday unveiled a new electric SUV that it truly is counting on to grow its gross sales and existence in the United States. The new product, referred to as the Polestar 3, is a 5-passenger EV that the organization describes as a “general performance SUV.” It’s […]
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‘There’s tons to acquire in China,’ fund supervisor says and names these 2 EV shares
Buyers in China have had a complicated time lately. The Shanghai Composite Index has fallen by 17% this yr and is down about 10% more than the previous five many years. But just one fund manager thinks there are pockets of price in sure “main sectors” even though monetary situations are limited. Edmund Harriss, head […]
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Porsche shares rise in Frankfurt industry debut
The Porsche IPO is established to be one particular of the greatest in European record. Thomas Kienzle | AFP | Getty Visuals Porsche shares edged increased in their stock market debut Thursday, in what is staying billed as a single of the largest community offerings in Europe at any time. Shares of the iconic sporting […]
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Qualcomm’s first auto investor day offers signs the industry is embracing its tech platform
We think Qualcomm delivered with its first-ever automotive investor day. Source
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Volkswagen shares up marginally on Porsche’s 70-75 billion euro valuation
A Porsche AG Taycan Turbo S electrical auto at the luxury automaker’s improvement middle in Weissach, Germany, on June 21, 2021. Andreas Gebert | Bloomberg | Getty Photographs Volkswagen shares rose marginally on Monday immediately after the carmaker said it was concentrating on a valuation of up to 75 billion euros ($74.84 billion) for sportscar model […]
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CNBC Professional Talks: Quick Cash trader Tim Seymour on how to participate in an unsure market heading into Drop
ShareShare Post through FacebookShare Short article via TwitterShare Write-up by way of LinkedInShare Post by means of Electronic mail Seymour Asset Management founder Tim Seymour shares perception on exactly where he thinks the marketplace is headed and how you can participate in it. He also discusses options in global marketplaces, certain shares he likes in […]
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Goldman Sachs says the weather invoice is a ‘game changer’ and these world shares will get a improve
The Biden administration passed the major local climate invoice in record in August, supplying a strengthen to a selection of U.S.-stated cleanse power shares. The $430 billion Inflation Reduction Act , also regarded as the local weather bill, incorporates $369 billion for vitality safety and clean up electrical power provisions. The bill has a extensive […]
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Ford CEO doesn’t expect electric vehicle battery costs to drop anytime soon
Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters WAYNE, Mich. – Ford Motor CEO Jim Farley does not expect the costs of raw materials for the company’s electric vehicles to ease in the near future, marking the latest signal that automakers […]
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Israeli lidar maker Innoviz wins $4 billion Volkswagen contract for millions of sensors
In this photo illustration a Innoviz Technologies logo is displayed on a smartphone. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Israeli lidar maker Innoviz announced Tuesday it has won a contract to supply lidar units and related software for autonomous driving to a unit of Volkswagen, in a deal worth $4 billion […]
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Ferrari CEO shrugs off concerns about EV performance
A Ferrari photographed in Switzerland on March 2, 2015. The Italian company plans to launch a fully electric vehicle in 2025. Harold Cunningham | Getty Images News | Getty Images The CEO of Ferrari on Tuesday moved to allay fears the firm’s upcoming electric offering will compromise on performance, telling CNBC the luxury carmaker had […]
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