Chinese automaker Geely defeat earnings expectations for 2022, sending shares surging Wednesday. Shares of Geely spiked as much as 7%, just before settling down to trade almost 3% previously mentioned…
Tag: company
Ford plans to build EV battery plant in Michigan with Chinese company
(Bloomberg) — Ford Motor Co. and Up to date Amperex Know-how Co. Ltd. strategy to make a battery plant in Michigan, in accordance to individuals acquainted with the make any…
GM to invest $650 million in lithium company to support EV growth
US President Joe Biden, with Common Motors CEO Mary Barra, appears to be at a Chevrolet Silverado EV as he excursions the 2022 North American Global Auto Exhibit at Huntington…
Rivian stock hits 52-week low after company misses 2022 production target
Employees operate on an assembly line at startup Rivian Automotive’s electric auto manufacturing facility in Regular, Illinois, April 11, 2022. Kamil Krzaczynski | Reuters Shares of Rivian Automotive notched a…
VW Working With Tech Company Xanadu To Develop Better EV Batteries
The improvement of greater and much more economical batteries in the automotive field is a never-ending race in which in essence each and every important automaker participates. Volkswagen can take…
Rivian shares slumped after the company announced a big recall
Creation of electrical Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Regular, Unwell. Michael Wayland / CNBC Shares of Rivian Automotive fell sharply on Monday…
Elon Musk touted the ‘importance’ of Tesla being a publicly traded company just 4 years after trying to take it private with his ‘funding secured’ tweet
Andrew Kelly/Reuters At Tesla’s AI Day party, Elon Musk touted the positive aspects of Tesla currently being a publicly traded company. Musk appears to have altered his stance due to…
Autonomous delivery company Gatik wins new pilot program with Pitney Bowes in Dallas
Gatik’s course 6 box truck is deployed for Pitney Bowes Resource: Gatik Logistics enterprise Pitney Bowes will start out testing automated quick-haul supply trucks from startup Gatik below a new pilot…