Alibaba Group Holding Ltd (NYSE:BABA) has led an investment round of over $300 million into the Chinese autonomous driving start-up, DeepRoute.ai. Other…
China will encourage merger and restructuring efforts in the electric vehicle sector as the country has “too many” EV firms, Industry and Information Technology minister Xiao Yaqing said on Monday, according to a report by Bloombe
EV stocks were mostly down for the week ending Sept. 10, excluding Tesla, Inc. (NASDAQ: TSLA). Shares of the EV giant saw a nice bump up in the middle of the week before squandering most of the gains, and yet ending the week higher.
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