Geely Flares Up Tesla Rivalry With Electric Truck Debut
Geely Automobile Holdings Ltd’s (OTC:GELYF) commercial vehicle brand, Farizon Auto, showcased its next-generation smart new energy semi-truck, the Homtruck, with production…
Volvo Car Reduces IPO Size: Bloomberg
Volvo Car AB cut its initial public offering by a fifth, agitated by soaring energy costs and persistent supply…
Rekor’s Waycare, Volvo Cars Bond Over AI Crash Prediction
Rekor Systems Inc’s (NASDAQ:REKR) Waycare subsidiary will conduct a strategic research initiative by Geely Automobile Holdings Ltd (OTC:GELYF) (OTC:GELYY) owned Volvo Cars to…
As Nio Takes First Steps Into Norway, The Chinese EV Startup Will Be Up Against These Formidable Rivals
Nio, Inc. (NYSE: NIO) launched its ES8 all-electric SUV in Norway Thursday and also commenced delivery of the vehicle.
Tesla Rival Polestar Could Reach $21B Deal To Merge With SPAC Gores Guggenheim Today: WSJ
Electric vehicle maker Polestar could reach a deal to go public with special purpose acquisition company Gores Guggenheim Inc (NASDAQ: GGPI) on Monday, Wall Street Journal
Key Takeaways From Alibaba’s Investment In Self-Driving Firm DeepRoute.ai
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…
Alibaba To Invest $15.5B In Chinese Government-Driven ‘Common Prosperity’ Initiative
Alibaba Group Holding Limited (NYSE: BABA), which is facing intense regulatory scrutiny in its home country, has committed a whopping sum to a Chinese
EV Week In Review: Tesla’s Utility Bet, New Leadership at Embattled Lordstown, Rivian Finally Takes IPO Plunge
EV stocks had a fairly good outing on Wall Street in the week ending Aug. 27, with most advancing in the session. Here are the key EV-related news events that took the spotlight during the week:
Renault Is Going After China
French group has signed its first big deal since exiting its main joint venture last year.
Automakers Are Hitting The Accelerator In The EV Race
On Thursday, Daimler AG (OTC: DDAIF) has officially hit the accelerator in the e-car race with Tesla (NASDAQ: TSLA), revealing it will invest more than 40 billion euros in EVs by 2030.