Huawei’s second quarter revenue rises slightly from a year ago

Chinese telecommunications big Huawei produced figures Friday that showed its 1st quarterly improve in income since 2020. Pictured here on July 8, 2022, is a Huawei flagship retail store in…

Rivian (RIVN) earnings Q2 2022

Electric motor vehicle maker Rivian Automotive managed its whole-year advice for deliveries Thursday and noted 2nd-quarter profits that was higher than Wall Road envisioned. But it trimmed its total-calendar year…

GM reveals new GMC Canyon premium midsize pickup, starting at $40,000

DETROIT — Basic Motors on Thursday disclosed its redesigned GMC Canyon as a far more premium supplying than the present-day midsize pickup, which includes a new off-street AT4X model that…

Nikola CEO Mark Russell to retire at the end of the year

Mark Russell, main government officer of Nikola Corp., left, throughout a media briefing at the unveiling of the Iveco-Nikola electric powered truck plant in Ulm, Germany, on Wednesday, Sept. 15,…

Ford CEO doesn’t expect electric vehicle battery costs to drop soon

Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May well 19, 2021. Rebecca Cook dinner | Reuters WAYNE, Mich. – Ford Motor CEO…

Inflation Reduction Act EV tax credits could hurt sales

Tesla cars and trucks cost up coming to a conventional Texaco gas station on July 17, 2022 in Nephi, Utah. With additional electric vehicles on the highway, absence of charging…

Travel costs fell in July. Here’s how you can score a good deal

Fluxfactory | E+ | Getty Illustrations or photos Tourists noticed charges fall for huge-ticket parts of their family vacation budgets in July, featuring at the very least a temporary reprieve…

Inflation Reduction Act extends $7,500 tax credit for electric cars

David Madison | Photodisc | Getty Visuals A federal tax break that’s obtainable to car or truck potential buyers for heading electrical may well function in a different way commencing…

Elon Musk sells 7.92 million Tesla shares worth $6.88 billion

NEW YORK, NEW YORK – May possibly 02: Elon Musk attends The 2022 Satisfied Gala Celebrating “In The us: An Anthology of Vogue” at The Metropolitan Museum of Art on…

Workhorse WKHS Q2 2022 earnings

Workhorse C-Series Courtesy: Workhorse Workhorse Group slice its income and shipping and delivery steering for 2022 on Tuesday, expressing that it might not be equipped to provide as numerous of…