July 23 (Reuters) – An electric truck which was previously damaged reignited at Nikola’s (NKLA.O) Phoenix, Arizona headquarters on Sunday afternoon but there were no injuries, the electric-truck maker said in a statement. “At approximately 2 pm today at Nikola HQ, one of the trucks that was previously damaged reignited. No one was injured and… Continue reading Nikola says damaged truck reignites at its headquarters
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China to be centre of Mercedes-Benz 2025 EV sales drive, Automobilwoche says
FRANKFURT, July 23 (Reuters) – Mercedes-Benz (MBGn.DE) is making China, the world’s top auto market, central to its next electric vehicle (EV) campaign starting in 2025, its CEO told German magazine Automobilwoche. “To do this, we must master electric propulsion just as perfectly as digitalisation. That’s what our customers expect,” Ola Kaellenius was quoted as… Continue reading China to be centre of Mercedes-Benz 2025 EV sales drive, Automobilwoche says
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July 23 (Reuters) – Elon Musk said he was looking to change Twitter’s logo, tweeting: “And soon we shall bid adieu to the twitter brand and, gradually, all the birds. In a tweet at 12:06 a.m. ET (0406 GMT) on Sunday, the social media platform’s billionaire owner added: “If a good enough X logo is… Continue reading Untitled
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Analysis: Harley-Davidson, Triumph in first gear of challenge to Royal Enfield’s India reign
[1/2]A Triumph Speed 400 bike is displayed in this handout image obtained by Reuters on July 18, 2023. Bajaj Auto Ltd /Handout via REUTERS BENGALURU, July 23 (Reuters) – U.S. big-bike maker Harley-Davidson (HOG.N) and British rival Triumph have revved up India’s premium motorcycle market with aggressively priced models that analysts said could dent the… Continue reading Analysis: Harley-Davidson, Triumph in first gear of challenge to Royal Enfield’s India reign
India rejects BYD’s $1 billion factory proposal, Economic Times reports
NEW DELHI, July 22 (Reuters) – India has rejected Chinese automaker BYD Co’s (002594.SZ) proposal to set up a $1 billion factory in India in partnership with Hyderabad-based Megha Engineering and Infrastructure Ltd, the Economic Times reported on Saturday. Reuters reported this month that BYD had submitted a $1 billion investment proposal to build electric… Continue reading India rejects BYD’s $1 billion factory proposal, Economic Times reports
US appeals court to reconsider decision on Elon Musk tweet about unions
July 21 (Reuters) – A federal appeals court on Friday said it will reconsider its recent decision that Tesla (TSLA.O) Chief Executive Elon Musk violated federal labor law by tweeting that employees would lose stock options if they joined a union. The 5th U.S. Circuit Court of Appeals in New Orleans granted Tesla’s request to… Continue reading US appeals court to reconsider decision on Elon Musk tweet about unions
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LONDON, July 21 (Reuters) – Britain’s Competition Appeal Tribunal granted the adjournment application which was requested jointly by the antitrust regulator, the CMA, and Microsoft (MSFT.O), as part of the latter’s plan to try to buy Activision Blizzard (ATVI.O). The Competition and Markets Authority (CMA) is waiting for Microsoft to submit a modified deal structure… Continue reading Untitled
U.S. House committees investigate Ford CATL battery partnership
[1/2]The Ford logo is seen at the North American International Auto Show in Detroit, Michigan, U.S., January 15, 2019. REUTERS/Brendan McDermid/File Photo WASHINGTON, July 21 (Reuters) – Two U.S. House of Representatives committees said Friday they are investigating Ford Motor Co’s (F.N) partnership with Chinese battery company CATL (300750.SZ). Ford in February announced plans to… Continue reading U.S. House committees investigate Ford CATL battery partnership
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TOKYO, July 21 (Reuters) – Toyota Motor (7203.T) plans to use regenerative fuel cell technology to power a manned lunar rover, executives said on Friday, raising the prospect of eventually using the moon’s water ice as an energy source in the future. Japan has stepped up its space ambitions under Prime Minister Fumio Kishida. It… Continue reading Untitled