Toyota Reduces Uber Stake By 50%, Aims To Maintain Ties
On June 23, reports emerged that Japan's Toyota Motor Corp reduced its stake in Uber Technologies Inc by around 50% after the ride-hailing giant divested the autonomous driving segment at ...
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Tag: electric vehicles
Ford Increases Vehicle Prices Resulting In Strong Quarter, Maintains Forecast
Citing strong vehicle pricing that partly offset higher costs and inflation, Ford Motor Co (F.N) maintained its profit forecast for the year as it posted better-than-expected quarterly results on April ...
Shanghai’s Covid Lockdown Jeopardized Musk’s Tesla Production Goals
Amid the addition of two new plants in Germany and Texas and spiking demand for its electric vehicles, Tesla looks set for a year of dramatic growth. However, its near-term ...
Tesla Surmounts Supply Chain Challenges With Impressive Q4 Deliveries
A Tesla Model 3 car is becoming available in Singapore. Tesla Inc on January 2, 2022, reported quarterly deliveries that far surpassed Wall Street estimates, riding out the global chip ...
Nearly 500,000 Tesla Electric Cars Recalled Over Safety Issues
To address rearview camera and trunk issues that increase the risk of crashing, the U.S. road safety regulator said on December 30, 2021 that Tesla Inc (TSLA.O) has to recall ...
Vingroup Lobbies Global Investors For Its Car Unit’s $1B Funding – Sources
To raise about $1 billion in equity for its car unit, Vietnam's largest conglomerate Vingroup (VIC.HM) is in talks with investors, including Qatar's sovereign fund and BlackRock (BLK.N), three sources ...
Volkswagen Takes On Tesla As It Powers Up The Grid
At its charging and energy division, Volkswagen (VOWG_p.DE) plans to double staff numbers, roll out new payment technology next year and strike more alliances to take on Tesla (TSLA.O) in ...
China’s Biggest Earners Propelled By Bottled Water, Vaccines, And Electric Vehicles
Summary Evergrande boss and other property moguls slide down the rich list Former No. 1 Jack Ma down to No. 5 TAL Education and Tencent founders curbed by regulation Hoshine ...
Tesla Value Exceeds $1 Trillion Despite Revenue Trailing Peers
Tesla has now joined the elite trillion-dollar-valuation club, but it has done that as the member with the lowest revenue. The electric-vehicle manufacturer’s shares have so far run past many ...
Tesla Reported Record Quarterly Earnings Despite Global Supply Chain Meltdown
While construction of its new Texas factory is underway, Tesla’s car sales are set to overtake last year’s figures. Tesla said on October 20 that amid a shortage of computer ...