By Reuters Staff 2 Min Read FILE PHOTO: A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York, U.S., April 29, 2016. REUTERS/Lucas Jackson/File Photo/File Photo BEIJING/HONG KONG (Reuters) -China’s Ganfeng Lithium Co Ltd and its unit GFL International Co Ltd have signed a contract to supply battery-grade… Continue reading China’s Ganfeng Lithium inks 3-year supply contract with Tesla
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Autos & Transportation · 6:45 PM UTCInternational opposition mounts over proposed U.S. EV tax creditThe European Union, Germany, Canada, Japan, Mexico…
An electric vehicle (EV) fast charging station is seen in the parking lot of a Whole Foods Market in Austin, Texas, U.S., December 14, 2016. REUTERS/Mohammad Khursheed/File Photo/File Photo WASHINGTON, Oct 30 (Reuters) – The European Union, Germany, Canada, Japan, Mexico, France, South Korea, Italy and other countries wrote U.S. lawmakers saying a proposed U.S.… Continue reading Autos & Transportation · 6:45 PM UTCInternational opposition mounts over proposed U.S. EV tax creditThe European Union, Germany, Canada, Japan, Mexico…
Current, former Tesla board members cash in on stock rally
A Tesla logo is seen at the Tesla Shanghai Gigafactory in Shanghai, China January 7, 2019. REUTERS/Aly Song BANGALORE/SAN FRANCISCO, Oct 29 (Reuters) – Tesla Inc (TSLA.O) board member Ira Ehrenpreis sold shares of the electric carmaker worth more than $200 million on Wednesday, after the stock crossed the $1,000 mark for the first time… Continue reading Current, former Tesla board members cash in on stock rally
Autos & Transportation · October 29, 2021 · 4:46 PM UTCAnalysis: Volkswagen gets reality check after Tesla’s week of milestonesIt’s been a sobering we…
Tesla hits three milestones in a week Volkswagen cuts outlook, reports Q3 profit drop Volkswagen aims to overtake Tesla by 2025 Gap between the two companies widens – analysts FRANKFURT, Oct 29 (Reuters) – It’s been a sobering week for Herbert Diess‘ electric vehicle ambitions. While Tesla (TSLA.O) joined the trillion-dollar club, received a landmark… Continue reading Autos & Transportation · October 29, 2021 · 4:46 PM UTCAnalysis: Volkswagen gets reality check after Tesla’s week of milestonesIt’s been a sobering we…
Autos & TransportationVolvo Cars leaps 22% on debut in boost for IPOs and electric carsOctober 29, 2021
Sweden’s second largest listing yet Priced at bottom of previously-announced range Share surge lifts valuation to about $22 bln STOCKHOLM, Oct 29 (Reuters) – Volvo Cars (VOLCARb.ST) shares surged 22% on their Stockholm market debut on Friday after wrapping up Europe’s biggest IPO of the year so far, in a boost for new issues markets… Continue reading Autos & TransportationVolvo Cars leaps 22% on debut in boost for IPOs and electric carsOctober 29, 2021
Hertz says it may expand supply of Teslas to Uber to 150,000
The logo of car rental company Hertz is seen at a branch office in Zurich, Switzerland November 17, 2020. REUTERS/Arnd Wiegmann SAN FRANCISCO, Oct 28 (Reuters) – Rental car company Hertz (HTZZ.PK) said on Thursday it could expand plans to supply Tesla (TSLA.O) vehicles to Uber (UBER.N) to 150,000 during the next three years from… Continue reading Hertz says it may expand supply of Teslas to Uber to 150,000
Volkswagen to submit next 5-year investment plan in December
By Reuters Staff 1 Min Read FRANKFURT, Oct 28 (Reuters) – Drawing up a plan to transform Volkswagen’s Wolfsburg plant into a competitive counterweight to Tesla’s planned Gruenheide factory will slightly delay the German carmaker’s next 5-year investment plan, its chief executive said. “Over the past few weeks we have intensified the discussions around a… Continue reading Volkswagen to submit next 5-year investment plan in December
Daimler powers through chip crunch, 2021 targets on track
The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke LONDON, Oct 29 (Reuters) – Daimler AG (DAIGn.DE) on Friday reported a higher quarterly net profit despite a global semiconductor chip shortage that has pummeled the auto industry, as it focused on higher-margin cars and cost… Continue reading Daimler powers through chip crunch, 2021 targets on track
Daimler Q3 posts higher profit despite chip shortage
By Reuters Staff 1 Min Read LONDON, Oct 29 (Reuters) – Daimler AG on Friday reported a higher quarterly net profit despite a global semiconductor chip shortage that has pummeled the auto industry, as it focused on higher-margin cars and cost cutting. The German premium carmaker posted a quarterly operating profit of 2.6 billion euros… Continue reading Daimler Q3 posts higher profit despite chip shortage
Daimler CEO hopes to stabilize supply chain this quarter
Ola Kaellenius, chairman of Daimler AG, attends the presentation of the new Mercedes-Benz S-Class at the Daimler production plant in Sindelfingen near Stuttgart, Germany, September 2, 2020. REUTERS/Ralph Orlowski/File Photo DETROIT, Oct 22 (Reuters) – Daimler AG (DAIGn.DE) Chief Executive Ola Kaellenius told Reuters on Friday the automaker hopes to stabilize its supply chain for… Continue reading Daimler CEO hopes to stabilize supply chain this quarter