Electric cars from BMW
Germany's BMW is investing $1.7bn in electric car production in the US. The head of the company, Oliver Zipse, told Reuters on Wednesday.
He said the company plans to produce at least six models of BMW electric...
Schedule for the week
Stocks were very volatile last week and market analysts are predicting a further "transitional period".
The S&P 500, Dow Jones ended last week up 0.77%, 1.34% and the Nasdaq Composite was virtually unchanged, market volati...
Semiconductor industry
Semiconductor manufacturers in the US could receive tax breaks to boost production of chips for the automotive and other equipment industries. Intel is preparing to help supply chips to automakers.
A three...
Plant shutdown
China's Nio said on Friday it would suspend production of electric cars at its plant for five days starting Monday due to a shortage of semiconductors. Nio's forecast for del...
Production expansion
Albemarle, the world's largest lithium producer, plans to expand its production capacity amid expectations of strong growth in global demand in the coming years, including GM and Ford's switch to electri...
Electric cars
The US House of Representatives intends to restore incentives for buyers of electric cars, which could significantly boost sales of manufacturers such as Tesla, GM, Ford and others. The new bill requi...
New electric cars from GM
GM on Sunday unveiled the redesigned Chevrolet Bolt EV 2022 and the larger, new Chevrolet Bolt EUV crossover with Super Cruise autopilot system. GM aims to reach its target of 30 electric vehicles over t...
Certain conditions of purchase
Elon Musk, the main shareholder and manager of Tesla, can buy a manufacturer of ordinary cars one of those specialising in the production of cars with internal combustion engines.
However, Tesla's financial situation ...
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