Automakers rushing to develop battery-powered, software-powered vehicles to compete with Tesla Inc. are facing a new…
Tag: eve maker
Chinese EV startups turn to Nvidia in race to catch Tesla
Nvidia said auto suppliers and contract manufacturers Desay, Flex, Quanta, Valeo and ZF will also use…
Phoenix Motors becomes latest EV maker to tap public markets
The company disclosed its finances for the first time in its filing, disclosing a decline in…
Sharp volatility in EV stocks attracts frenzied options trading
On Wednesday, sentiment in options for electric-automakers leaned towards bearish and defensive bets, according to data…
Foxconn finalizes $50 million stock deal with Lordstown Motors
Foxconn has bought $50 million of stock from the US electric vehicle maker, finalizing an equity…
Tesla opens Canada battery gear factory in Markham, Ontario: report
“I am pleased to report that Tesla Canada is joining our already strong automotive and technology…
Workhorse Group CFO, COO exit EV company at Resig
Change Signs The workhorse is undergoing an extensive management shakeup after Richard Douche took over as…
Tesla Accelerates the South by Southwest Drive of the EV Industry
Tesla Inc.’s decision to move its headquarters from Palo Alto, California to Austin, Texas, shifts jobs…
Chinese EV maker once worth more than Ford wiped out $80 billion in market value
Shares of Evergrande New Energy Vehicle Group Ltd fell fresh on Tuesday, which this year wiped…
German decision on Tesla subsidies expected by year’s end
Tesla plans to invest 5 billion euros in its battery cell factory in Grünheide near Berlin…