GM Invests $300M In China’s Self Driving Startup
General Motors Co (NYSE: GM) would invest $300 million in Chinese autonomous driving startup Momenta to develop self-driving technologies for China's future models,
Fintechs Pose A Threat For Conventional Lenders – Read How
Global brands from Mercedes and Amazon.com Inc (NASDAQ:AMZN) to IKEA and Walmart Inc (NYSE:WMT) are migrating to software from tech startups from…
Renault Is Going After China
French group has signed its first big deal since exiting its main joint venture last year.
Tesla Ranks 2nd For Best In-Vehicle Tech Among Mass-Market NEVs In China — This EV Maker Stood First In JD Power Study
U.S.-listed upcoming Chinese electric vehicle maker Xpeng Inc (NYSE: XPEV) has emerged as the top mass-market new energy vehicle brand in China to adopt technology, as per J.D.
Daimler Truck – Cummins Sign Global Framework Agreement For Medium-Duty Commercial Vehicle Engines
In February, Daimler Truck AG (OTC:DMLRY) and Cummins Inc. (NYSE:CMI) entered into a global strategic partnership for medium-duty engines. The details have been…
EV Sales Growth Is Outpacing That Of Traditional Industry
While still making barely a sliver of the overall market pie, plug-in vehicle sales more than doubled during the first half of the year, outpacing the 29% rise for total vehicle sales, according to research firm Wards Intelligence.
Daimler Q2 Revenue Beat Estimates; Warns Semiconductor Shortage May Dent Car Sales
Daimler AG (OTC:DMLRY) reported second-quarter FY21 revenue growth of 44% year-on-year to €43.5 billion, beating the analyst consensus by €740 million.…
Infosys Introduces Blockchain Network In California’s Riverside County
Infosys Ltd (NYSE:INFY) subsidiary Infosys Public Services (IPS) completed the pilot of a blockchain solution designed to improve the efficiency, access,…
EU Fines BMW, Volkswagen $1B Over Delaying Clean Emissions Technology
The European Union has imposed approximately $1 billion in fines on Bayerische Motoren Werke AG (OTC: BMWYY) and Volkswagen AG (OTC: VWAGY) for a collusion scheme designed to limit the slow the introduction of AdBlue emissi
Why This Tesla Stock Analyst Lowered Their Price Target By 10%
The consumer appetite to buy a battery electric vehicle is at a new high globally, and Tesla, Inc. (NASDAQ: TSLA) continues to be the undisputed leader — but it is threatened by competition, an analyst at UBS said Tuesday.