Auto · 8 May 2022 Chinese EV Company CH-AUTO To Go Public Via $1.7 Billion SPAC Deal CH-AUTO Technology Corp Ltd said it had agreed to go public with a U.S. blank-check firm in a deal valued at nearly $1.7 billion.
Auto · 8 May 2022 EV Firm Atlis Plans U.S. Stock Market Listing Amid IPO Drought Atlis Motor Vehicles has become the latest startup in the electric-vehicle space to unveil plans for an initial public offering as the global push towards electrification accelerates.
Auto · 8 May 2022 Musk Aims To Quintuple Twitter’s Revenue To $26.4 Billion By 2028 – Report Musk is expected to become Twitter's temporary CEO.
Auto · 8 May 2022 Oil Gains 1.5%, Posts Another Weekly Rise On Supply Concerns Oil prices rose nearly 1.5%, posting a second straight weekly increase as impending European Union sanctions on Russian oil raised the prospect of tighter supply and had traders…
Auto · 8 May 2022 U.S. To Spend More Than $3 Billion On EV Battery Manufacturing – Report The Biden administration will allocate more than $3 billion in infrastructure funding to finance electric vehicle (EV) battery manufacturing.
Auto · 8 May 2022 Volkswagen To Rely On Qualcomm Chips For Automated Driving – Report Volkswagen has set up a years-long partnership with U.S. chip maker Qualcomm to develop automated driving technology, with the contract set to run until 2031.
Auto · 8 May 2022 Oil Jumps $5 A Barrel As EU Nears Ban On Russian Oil Oil prices jumped, as the European Union, the world's largest trading bloc, spelled out plans to phase out imports of Russian oil.
Auto · 8 May 2022 Startups Apply Artificial Intelligence To Supply Chain Disruptions Coronavirus, war in Ukraine, Brexit and a container ship wedged in the Suez Canal have combined to delay deliveries.
Auto · 8 May 2022 Volkswagen Boosts Electric Car Investment In Spain To 10 Billion Euros Volkswagen AG and partners will invest 10 billion euros to make electric vehicles and batteries in Spain.
Auto · 8 May 2022 India Says Sudden Halt To Russian Oil Imports Would Hurt Citizens India defended its continued purchases of Russian oil saying they were part of its long-standing effort to diversify its supplies and arguing a sudden halt to imports would…