People today glimpse at the Volkswagen id buzz electric powered auto during the push working day at the Los Angeles Car Clearly show in Los Angeles, California, November 17, 2022.…
Tag: investment
Lucid spikes 98% on speculation Saudi investment fund may buy out remaining stake
Lucid Air Lucid Motors Lucid stock skyrocketed on Friday on speculation that Saudi Arabia’s Community Financial investment Fund would buy out the remaining stake. Saudi Arabia’s PIF now owns 65%…
Electric car investment envy spawns a ‘tax break industrial complex’
The electric powered motor vehicle revolution will be backed. China has been at it for extra than a 10 years, incentivizing purchases, backing homegrown battery makers and blocking overseas corporations from competing.…
Ford outlines EV investment structure for its dealers as it chases Tesla-like profit
Ford CEO Jim Farley poses upcoming to a design of the all-new Ford F-150 Lightning electrical pickup truck at the Ford Rouge Electrical Auto Middle in Dearborn, Michigan, April 26,…
Bosch $200 million investment fuel cells South Carolina
The Robert Bosch GmbH brand sits on the exterior of Messe Stuttgart exhibition heart as cars go in Stuttgart, Germany, on Monday, July 18, 2016. Michael Nagle | Bloomberg |…
Hyundai plans $5 billion investment in U.S. on mobility technology
Drew Angerer | Getty Pictures News | Getty Visuals Hyundai Motor reported on Sunday it ideas to invest $5 billion in the U.S. by 2025 to further more acquire mobility…
VW boosts EV investment in Spain to 10 billion euros
SAGUNTO, Spain (Reuters) -German carmaker Volkswagen AG and associates will commit €10 billion ($10.6 billion) to make electric motor vehicles and batteries in Spain, its chief executive reported on Thursday.…
XPeng leads investment in $200 million fund focused on ‘frontier’ tech
A new Xpeng P7 vehicle is revealed in the Xpeng Motors flagship shop in a searching mall. Xpeng P7 is a person of the two preferred products of Xpeng motors.…
GM announces $7 billion Michigan factory investment, most going to EVs
GM declared a $7 billion expenditure in Michigan producing, substantially of which is earmarked for EV production. Four sites are involved, but the key factors are a new battery cell…
Ford sees $8.2 billion gain on its investment following Rivian’s IPO
Ford Motor Co. expects to file a acquire of $8.2 billion in the fourth quarter on its expense in Rivian Automotive Inc. immediately after the electric powered-truck maker’s blockbuster initial…