Rivian's IPO
Electric SUV maker Rivian on Friday said it had filed for an IPO with the SEC. The media report a potential market valuation of $80bn for Rivian. However, this valuat...
Xpeng plants
Shares in Xpeng (XPEV) rose following news of the company's plans to double its production capacity from 100,000 to 200,000 electric cars a year to increase competition with Li Auto, Nio and Tesla in C...
Deliveries for July
Shares in Li Auto and Xpeng rose 8.9% and 6.4%, respectively, ahead of the companies' delivery reports. Chinese start-up Li Auto reported another record delivery of its Li ONE&nbs...
Nvidia and DeepMap
NVIDIA shares reacted by rising to the purchase of privately held DeepMap, which makes high-definition mapping software that will help improve Nvidia's in-car chips with machine learning technology.
Nvidia (NV...
Tesla electric cars for bitcoins
U.S. electric carmaker Tesla will once again begin accepting bitcoins as payment for its products when the receipt of this type of cryptocurrency becomes more environmentally friendly. This was announced by Tesla CEO...
Negotiations to supply batteries
Apple is in talks with CATL and BYD to supply batteries for its future electric cars, according to media reports. The main obstacle may be Apple's requirement that the batteries for the Apple Car be manufactured in t...
Contrary to negative forecasts
Tesla sold 29.5% more electric cars made in China in May than in April, with sales to Chinese customers jumping 88%, according to the China Passenger Car Association.
...
Compensation from Tesla
Tesla has been ordered by a court in Norway to pay compensation to 30 owners of old Model S and Model X. Each of the company's customers will receive $16,000.
The reasons for the lawsuit are slo...
$750,000 fine
Tesla will pay a fine of $750,000 and is undertaking a small-scale distributed energy project based on its own solar roofs, to resolve air quality violations at its plant in Fremont, California.
It is worth noting that a spokesperson ...
Selling the division
Lyft is repeating a move by Uber and is also selling its Level 5 unmanned driving technology division in order to cut costs and achieve profitability. To do so, Lyft has signed an agreement with Woven Planet, a subsidiary of Toy...
Market expansion in Europe
Nio plans to start shipping its electric cars to Europe in May; its competitor XPeng has already delivered its first 300 electric cars to Norway. Analysts predict that Europe will become ...
New electric vehicle from General Motors
The Hummer EV 2024 SUV was unveiled on Saturday. Unlike the Hummer EV Edition 1 pick-up, which will begin delivery in autumn 2021, the SUV will be l...
Supply growth after decline
Chinese electric vehicle manufacturers NIO and XPeng reported a rise in deliveries in March after a decline in February, as well as new delivery records for the first...
Popconductor shortages
The chip shortage problem has affected technology manufacturers around the world while shares of carmakers have fallen due to forced plant shutdowns, shares of semiconductor and semiconductor equipment manufacturers are rising...
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...
Toyota Motors' earnings
Japan's Toyota Motor Corp (T:7203). net profit rose 50%, or 1.5 times, to 838.7 billion yen ($8.02 billion) for the third quarter of fiscal 2021 (October-December), up from 55...
Deliveries to China
Six days after Tesla announced the official launch of Model Y sales made in China, all pre-orders for first-quarter deliveries have been booked. In addition to China, the Model Y from the Shanghai plant will ship to Europe and Au...
NEW YORK NEWS
News from GlobalNY.biz is the freshest and most relevant information about high-profile events in the region. The task of the resource's news feed is to convey to readers with maximum accuracy and objectivity information about important events in business, politics, economy, healthcare, culture and other spheres of life in New York.
GlobalNY.biz news is a coverage of economic processes taking place in New York, the latest news of public life, incidents and an overview of political events. New York news is information about the activities of small and medium-sized businesses, the work of housing and communal services and utilities, the implementation of significant projects.
The site's journalists describe not only the life of the region, but also talk about the current state of the US economy. Everything you need to know about innovations in the field of industry and agriculture, economy and power is collected in the "News" section at GlobalNY.biz.
New York news quickly informs the reader, shows the real picture and opens up hot topics. Communication with government structures and business enables us to provide our readers with reliable, information-rich material. The main page of the portal contains the key news of New York!
Alena Potapova
Development Director
