R.J. Scaringe, Rivian’s 35-year-old CEO, introduces his company’s R1T all-electric pickup truck at Los Angeles Auto Show in Los Angeles, California, U.S. November 27, 2018. REUTERS/Mike Blake AUSTIN, Texas Aug 11 (Reuters) – Amazon.com Inc (AMZN.O) backed electric vehicle (EV) company Rivian is in discussions to invest at least $5 billion in a new vehicle… Continue reading TechnologyRivian considers $5 billion EV plant in Texas, document showsAugust 11, 2021
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TechnologyElon Musk visits Germany, meets with state leaders over ‘gigafactory’August 11, 2021
Musk makes surprise visit to Germany – minister Tesla’s gigafactory in Germany faces delays German gigafactory scheduled to open in late 2021 FRANKFURT, Aug 11 (Reuters) – Tesla (TSLA.O) CEO Elon Musk on Wednesday evening met with the leadership of Brandenburg, the German state where the group’s 5.8 billion euro ($6.9 billion) European gigafactory is… Continue reading TechnologyElon Musk visits Germany, meets with state leaders over ‘gigafactory’August 11, 2021
TechnologyLordstown eyes contract manufacturing, leasing space at its Ohio plantAugust 11, 2021
A “Ride With Lordstown” sign is seen outside the Lordstown Assembly Plant in Lordstown, Ohio, U.S., June 21, 2021. REUTERS/Rebecca Cook/File Photo DETROIT, Aug 11 (Reuters) – Lordstown Motors Corp (RIDE.O), which previously warned it needs to raise additional funding, hung the “open for business” sign on its northeastern Ohio plant on Wednesday, saying it… Continue reading TechnologyLordstown eyes contract manufacturing, leasing space at its Ohio plantAugust 11, 2021
Autos & TransportationFord battery venture with SK Innovation will extend to Europe, executive saysAugust 11, 2021
DETROIT, Aug 11 (Reuters) – Ford Motor Co’s (F.N) electric vehicle battery joint venture with South Korea’s SK Innovation Co Ltd (096770.KS) will extend beyond North America into Europe, a senior Ford executive said on Wednesday. In May, Ford announced the joint venture with SK to produce about 60 gigawatt-hours (GWh) annually in battery cells… Continue reading Autos & TransportationFord battery venture with SK Innovation will extend to Europe, executive saysAugust 11, 2021
Elon Musk visits Germany, meets with state leaders over ‘gigafactory’
By Reuters Staff 2 Min Read FRANKFURT (Reuters) -Tesla CEO Elon Musk on Wednesday evening met with the leadership of Brandenburg, the German state where the group’s 5.8 billion euro ($6.9 billion) European gigafactory is being built, its Economy Minister Joerg Steinbach said on Twitter here. FILE PHOTO: SpaceX founder and Tesla CEO Elon Musk… Continue reading Elon Musk visits Germany, meets with state leaders over ‘gigafactory’
Group says NLRB ruling over Musk tweet ignored free-speech rights
SpaceX owner and Tesla CEO Elon Musk looks on after arriving on the red carpet for the Axel Springer award, in Berlin, Germany, December 1, 2020. REUTERS/Hannibal Hanschke/Pool Summary Companies Law firms Conservative group says NLRB disregards context of social media posts Board said tweet that Tesla workers would lose stock options if they unionized… Continue reading Group says NLRB ruling over Musk tweet ignored free-speech rights
Technology · 5:13 PM UTCU.S. lawmakers introduce bill to rein in Apple, Google app storesA bipartisan trio of senators introduced a bill that would re…
WASHINGTON, Aug 11 (Reuters) – A bipartisan trio of senators introduced a bill that would rein in app stores of companies they said exert too much market control, including Apple Inc (AAPL.O) and Alphabet Inc’s Google (GOOGL.O). Senators Richard Blumenthal and Amy Klobuchar, both Democrats, teamed up with Republican Senator Marsha Blackburn to sponsor the… Continue reading Technology · 5:13 PM UTCU.S. lawmakers introduce bill to rein in Apple, Google app storesA bipartisan trio of senators introduced a bill that would re…
Technology · 3:59 PM UTCHackers return $260 mln to crypto platform Poly Network after massive theftThe hacker or hackers behind one of the biggest eve…
Token-swapping network said it suffered hack attack Estimated $600 mln in tokens stolen Poly Network asks hacker to return funds Some $260 mln returned so far – Elliptic Analysts cite difficulties of laundering stolen coins LONDON/SINGAPORE/HONG KONG, Aug 11 (Reuters) – The hacker or hackers behind one of the biggest ever cryptocurrency heists have returned… Continue reading Technology · 3:59 PM UTCHackers return $260 mln to crypto platform Poly Network after massive theftThe hacker or hackers behind one of the biggest eve…
Technology · 2:11 PM UTCSamsung unveils new foldable smartphones with lower prices to expand marketSamsung Electronics (005930.KS) unveiled its latest…
The company logo is displayed at the Samsung news conference at the Consumer Electronics Show (CES) in Las Vegas January 7, 2013. REUTERS/Rick Wilking/File Photo SEOUL, Aug 11 (Reuters) – Samsung Electronics (005930.KS) unveiled its latest high-end foldable smartphones on Wednesday with lower prices than last year’s offerings in a push to expand foldable demand… Continue reading Technology · 2:11 PM UTCSamsung unveils new foldable smartphones with lower prices to expand marketSamsung Electronics (005930.KS) unveiled its latest…
Autos & Transportation · 8:28 AM UTCEXCLUSIVE Great Wall Motor to shift some India investment to Brazil after approval delays -sourcesGreat Wall Motor…
In 2020, Great Wall unveiled plans to invest $1 bln in India Part of the $1 bln being re-allocated to Brazil -sources Firm close to buying plant in Brazil amid global push -sources Great Wall committed to India but cautious over delays -sources NEW DELHI/BEIJING, Aug 11 (Reuters) – Great Wall Motor (601633.SS) has decided… Continue reading Autos & Transportation · 8:28 AM UTCEXCLUSIVE Great Wall Motor to shift some India investment to Brazil after approval delays -sourcesGreat Wall Motor…