Didi Sells Smart Car Arm to China’s Xpeng for $744 Million
Didi Global Inc. has agreed to sell its smart car development arm to Xpeng Inc. for HK$5.84 billion
2023-08-28 09:25
After Weaponizing Immigrants, Europe’s East Finds It Needs Them
The neat two-story rows of white containers stretch right up to the towering cranes of the vast construction
2023-08-23 12:50
SoftBank’s Arm Files for IPO That Is Set to Be 2023’s Biggest
SoftBank Group Corp.’s Arm Holdings Ltd. took a step toward what’s set to become the biggest US initial
2023-08-22 05:48
Mounting Union Wage Demands Risk Impeding Canada’s Inflation Fight
Wages negotiated by union workers in Canada are creeping higher, complicating the central bank’s bid to restore price
2023-08-18 20:18
Vietnam Tycoon Loses $18 Billion After EV Maker’s Shares Sink
After an astronomical rise in its first day of trading, VinFast Auto Ltd. is now coming back to
2023-08-18 12:57
Elon Musk Arrives in Japan for First Visit in Nine Years
Elon Musk has arrived in Japan for his first known visit in nine years. The chief executive officer
2023-08-18 11:52
Tesla Failed to Fix Autopilot After Fatal Crash, Engineers Say
Tesla Inc. failed to fix limitations in its Autopilot system following a gruesome Florida crash that killed a
2023-08-17 10:56
A Year After IRA, Electric Vehicle Market’s Fitful Progress
President Joe Biden’s signature economic legislation promised to create a wave of demand for made-in-America electric vehicles by
2023-08-17 09:54
Tesla Cuts China Prices For the Second Time in Three Days
Tesla Inc. made its second round of price cuts in China this week, further fueling concerns of reigniting
2023-08-16 14:15
Vietnamese EV Maker VinFast Surges in Nasdaq Trading Debut
VinFast Auto Ltd. soared in its first day of trading as the Vietnamese electric-vehicle maker looks to raise
2023-08-16 04:56
Bankrupt Lordstown Motors reaches $40 million settlement with Karma Automotive
Lordstown Motors said on Tuesday it had reached a $40-million settlement with Karma Automotive over a 2020 lawsuit
2023-08-16 01:15
Biden urges UAW and Big Three automakers to reach deal to avoid strike
President Joe Biden sought to ramp up pressure on the United Auto Workers union and the nation's three unionized automakers -- Ford, General Motors, and Stellantis, known as the "Big Three" -- one month ahead of a critical deadline for labor talks.
2023-08-15 03:18