Chinese electric car sales in April
Chinese electric car makers Nio, Xpeng and Li Auto reported strong sales in April, but the growth rate was significantly lower than in March. Nio management points to a chip shortage that will hold back sales grow...
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...
Entering the market
Transport company Gett, which wants to become one of the world's leading providers of "mobility solutions", is currently exploring a merger with a company with no particular purpose other than to help other companies with an IPO ...
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...
U.S. indices
U.S. stock indices ended Thursday's trading up strongly, with the S&P 500 reaching a record high. Traders assessed new company reports and statistical data.
The Dow Jones Industrial Average index rose 332.26 points (1.08%) to 31055...
General Motors will be a strategic partner
Honda Motor has been forced to make compromises in a changing car market. At the same time as Toyota, it has embarked on a course to create cars that use hydrogen fuel cells, and of the "purebred" electric ...
APAC stocks
Asia-Pacific (APAC) stock indexes are mostly higher in trading on Monday after US President Donald Trump signed the country's $2.3 trillion fiscal year 2021 budget, which includes a $900 billion pandemic economic support package.
At the...
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