MUMBAI (Reuters Breakingviews) - Getting Teslas on the road in India would be a flashy boost to the country’s goal of rapidly electrifying its car market. But New Delhi can afford to resist granting boss Elon Musk a shortcut to his desired
China’s electric vehicle market is experiencing setbacks from global chip shortages, but local Chinese brands are continuing to make strides as they grow in market share and innovation. BYD Auto Co, Ltd., a Chinese electric vehicle maker, reported a net profit decline of 29% but a 54% increase in revenue for the first six months [...] Read more at ETFtrends.com.
Rivian, the Amazon.com Inc-backed electric vehicle maker that registered last month for a stock market debut, is aiming to raise between $5 billion and $8 billion with the listing, making it one largest U.S. initial public offerings of recent years, according to people familiar with the matter.
China's Geely Holding is in advanced discussions with banks to list its Volvo Cars unit in the coming weeks, three sources told Reuters, in what is expected to be one of Europe's biggest initial public offerings (IPOs) this year.
Whether it's a new company promising the "next big thing" or a more recognizable business announcing some surprising news, it's easy for investors -- especially inexperienced ones -- to be seduced by the allure of popular stocks.
Innovation isn't just about what a company sells but also about how management runs the business. Big data software company Palantir Technologies (NYSE: PLTR) is getting creative, planting seeds now that could yield revenue growth down the road.
India's cabinet on Wednesday approved an incentive scheme for the automobile sector aimed at boosting production of electric and hydrogen fuel-powered vehicles and promoting the manufacture of drones.
India's cabinet on Wednesday approved an incentive scheme for the automobile sector, aimed at boosting production of electric and hydrogen fuel-powered vehicles, and to promote the manufacture of drones.
Redwood Materials led by Tesla co-founder J.B. Straubel said on Tuesday it will build its battery materials manufacturing facility in the United States, as the country seeks to cut reliance on imports for the key component for electric vehicles.
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Par Pacific Holdings Inc (Symbol: PARR), where a total of 24,164 contracts have traded so far, representing approximately 2.4 million underlying shares. That amounts to
The U.S. auto safety regulator said Tuesday it has asked 12 major automakers for assistance as part of its probe into crashes involving Tesla vehicles striking emergency vehicles while using advanced driver assistance systems like Autopilot.
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