Electric vehicles
Jeep, Dodge maker Stellantis to make investments $1.6 billion in Chinese EV startup Leapmotor
Chinese EV maker Leapmotor introduced its 1st motor vehicle for the international marketplaces termed the C10. Arjun Kharpal | CNBC Stellantis on Thursday explained it will invest 1.5 billion euros ($1.58 billion) in Chinese electric vehicle startup Leapmotor, as classic automakers seem for a way to compete in China’s cutthroat sector. The businesses will sort […]
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Why GM is reviving the Bolt, the best-selling EV it almost discontinued
General Motors CEO Mary Barra unveiled the Chevrolet Bolt electric vehicle during the 2016 Consumer Electronics Show in Las Vegas. Patrick T. Fallon | Bloomberg | Getty Images General Motors surprised investors — and electric vehicle fans — when it said in July that the little Chevrolet Bolt EV will be revamped, rather than killed […]
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The ‘No. 1 question’ Ark Invest’s Cathie Wood receives on her web page
The most well-liked query on Ark Invest’s website has nothing at all to do with investing in the U.S., in accordance to the firm’s CEO and Main Expenditure Officer Cathie Wooden. “The No. 1 question on our web-site as we observe these thoughts is: Why cannot we buy your techniques in Europe?” the tech investor […]
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Tesla whistleblowers filed a complaint to the SEC in 2021, but the agency never interviewed them. Here’s what the complaint said
A Tesla Model Y on a Tesla car lot in Austin, Texas, May 31, 2023. Brandon Bell | Getty Images In the fourth quarter of 2021, a Tesla employee and a tech industry researcher jointly filed a whistleblower complaint to the U.S. Securities and Exchange Commission, expressing concerns that Elon Musk’s car company may have […]
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Stellantis, Samsung SDI to build $3.2 billion EV battery plant in Indiana
The Dodge Charger Daytona SRT Concept all-electric muscle car is shown at its world reveal during Dodge’s Speed Week at M1 Concourse in Pontiac, Michigan, Aug. 17, 2022. Bill Pugliano | Getty Images DETROIT — Samsung SDI and automaker Stellantis plan to invest more than $3.2 billion in a new electric vehicle battery plant in […]
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Xpeng suspends source chain boss for corruption probe
The Xpeng G9 SUV is on show during the 20th Shanghai International Vehicle Sector Exhibition at the Nationwide Exhibition and Convention Centre in Shanghai, April 18, 2023. VCG | Visible China Group | Getty Visuals Chinese automaker Xpeng on Tuesday said it suspended Li Feng, its vice president in demand of source chains, for a […]
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Tesla stock dips right after China EV product sales tumble 11%
The new Tesla Product 3+ is on sale at a Tesla keep in Hangzhou, Zhejiang province, in China, on Sept. 26, 2023. Costfoto | Nurphoto | Getty Pictures Tesla stock dipped about 2% Monday soon after its gross sales of China-built electric autos diminished 10.9% 12 months over year for the thirty day period of […]
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Why superyacht builders are investing in photo voltaic
Early tech adopters are investing in a new toy: solar-powered electrical yachts. Throughout the world superyachts are already a should-have for present-day prosperous and famed. There are some 5,555 of them navigating the world’s oceans and seas, according to SuperYacht Times’ Condition of Yachting Report. New buyers are overwhelmingly American, with the report locating that […]
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Tesla cuts Product 3 and Product Y rates in the U.S. soon after car or truck deliveries slide
A Tesla dealership in Colma, California, U.S., on Wednesday, Jan. 26, 2022. David Paul Morris | Bloomberg | Getty Visuals Tesla lower the price tag of some Design 3 and Model Y versions in the U.S. after the enterprise claimed third-quarter deliveries that skipped current market anticipations. The starting off cost for the Design 3 […]
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