Tesla jumps as GM deal makes its charging network closer to US standard

[ad_1] June 9 (Reuters) – Tesla (TSLA.O) jumped nearly 7% on Friday after General Motors (GM.N) joined Ford (F.N) in agreeing to use its electric-vehicle charging network, a big win…

Volvo Cars launches EX30 electric SUV with focus on affordability

[ad_1] [1/6] Jim Rowan, Volvo President & Chief Executive Officer, speaks during the reveal event of the Volvo EX30 electric SUV vehicle in Milan, Italy June 7, 2023. REUTERS/Claudia Greco…

Panasonic to boost battery output at Tesla’s Nevada Gigafactory by 10%

[ad_1] June 6 (Reuters) – Panasonic Holdings (6752.T) plans to expand production of electric vehicle batteries at a factory in Nevada jointly operated with Tesla (TSLA.O) by 10% within three…

Lyft rattles Wall Street as margins suffer in race with Uber

[ad_1] May 5 (Reuters) – Lyft Inc shares (LYFT.O) tumbled about 19% on Friday as the ride-hailing company’s strategy to claw back market share from rival Uber (UBER.N) with lower…

Biopharma firm Acelyrin valued at $2.1 billion in strong market debut

[ad_1] May 5 (Reuters) – Shares of Acelyrin Inc (SLRN.O) rose 28% in their Nasdaq debut on Friday, giving the biopharma company a market capitalization of $2.1 billion. The Los…

Germany air taxi firm Lilium plans to raise $250 million, shares jump

[ad_1] May 2 (Reuters) – Germany’s Lilium NV (5KD.F) said on Tuesday it would raise up to $250 million, including from its largest shareholder Tencent Holdings (0700.HK), to fund the…

Ford’s Kentucky Truck Plant road-tests a new quality strategy

[ad_1] LOUISVILLE, Kentucky, May 1 (Reuters) – Shutting down the assembly lines that build Super Duty pickup trucks at Ford Motor Co’s (F.N) Kentucky Truck Plant is a multimillion-dollar action…

GM, Samsung SDI plan to build new US battery plant -sources

[ad_1] WASHINGTON, April 24 (Reuters) – General Motors Co (GM.N) and Samsung SDI (006400.KS) are expected to announce as early as Tuesday that they plan to build a new joint-venture…

Exclusive: Tesla readies export of Model Y to Canada from China

[ad_1] SHANGHAI, April 24 (Reuters) – Tesla has begun producing in Shanghai a version of the Model Y to be sold in Canada this year, the first time it will…

Wall St posts slim gain ahead of big earnings week

[ad_1] US business activity rises to 11-month high in April Procter & Gamble gains on upbeat sales forecast Amazon rises as research firm predicts upbeat retail sales Albemarle falls on…