President Biden on Tuesday announced a sharp increase in tariffs on an array of Chinese imports, including electric vehicles, solar cells, semiconductors and advanced batteries, in an effort to protect strategic American industries from a new wave of competitors that he said were unfairly subsidized by Beijing. The president also officially endorsed maintaining tariffs on… Continue reading Biden Hits Chinese Electric Vehicles, Chips and Other Goods With Higher Tariffs
Tag: Strategy
Sojitz Corporation and Ginkgo Bioworks Announce Plans to Use Synthetic Biology R&D Services to Accelerate Sustainable Manufacturing in Japan
Sojitz intends to use its extensive network to help Ginkgo foster business connections within the Japanese bioeconomy TOKYO and BOSTON, May 14, 2024 /PRNewswire/ — Sojitz, a large Japanese general trading company with extensive networks within the Japanese bioeconomy, and Ginkgo Bioworks (NYSE: DNA), which is building the leading platform for cell programming and biosecurity,… Continue reading Sojitz Corporation and Ginkgo Bioworks Announce Plans to Use Synthetic Biology R&D Services to Accelerate Sustainable Manufacturing in Japan
Tesla drivers, EVgo is about to begin NACS deployments on its DC fast chargers
Photo: EVgo EVgo (Nasdaq: EVGO) will begin to deploy North American Charging Standard (NACS) connectors on its DC fast charging network this year. The Los Angeles-based charging provider said the stations included in the rollout will serve both CCS and NACS electric vehicles. EVgo will first deploy NACS connectors in markets with “high NACS vehicle penetration”… Continue reading Tesla drivers, EVgo is about to begin NACS deployments on its DC fast chargers
Only 2% of Tesla Full Self-Driving trial users end up buying it, credit card data show
According to credit card data, only about 2% of the Tesla owners who used Full Self-Driving in the free month trial ended up buying it after. Starting in March, Tesla offered a month of free trial of its Full Self-Driving (FSD) package to all its owners in North America. At the same time, the automaker… Continue reading Only 2% of Tesla Full Self-Driving trial users end up buying it, credit card data show
Europa Wire: Stellantis and Leapmotor Finalize Formation of Leapmotor International, Paving the Way for Global Expansion of EV Lineup001060
Stellantis and Leapmotor Finalize Formation of Leapmotor International, Paving the Way for Global Expansion of EV Lineup (IN BRIEF) Stellantis and Leapmotor have successfully completed the formation of Leapmotor International B.V., a joint venture led by Stellantis with a 51% stake, aimed at expanding the global reach of Leapmotor’s electric vehicle lineup. Spearheaded by CEO… Continue reading Europa Wire: Stellantis and Leapmotor Finalize Formation of Leapmotor International, Paving the Way for Global Expansion of EV Lineup001060
VFS Investors Have Opportunity to Lead VinFast Auto Ltd. Securities Fraud Lawsuit
LOS ANGELES, May 14, 2024 /PRNewswire/ — The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against VinFast Auto Ltd. (“VinFast” or the “Company”) (NASDAQ: VFS). Class Period: August 15, 20223 – January 17, 2024 Lead Plaintiff Deadline: June 11, 2024 If… Continue reading VFS Investors Have Opportunity to Lead VinFast Auto Ltd. Securities Fraud Lawsuit
Aidaptive Recognized in ‘Leading 100 2024’ for Pioneering Solutions in Ecommerce
CUPERTINO, Calif., May 14, 2024 /PRNewswire/ — Aidaptive, the leading eCommerce AI platform, is proud to announce its recognition as part of The Leading 100 List for 2024. The Leading 100 List recognizes high impact technology start-ups that are transforming the direct-to-consumer business model and driving business value for brands as well as retailers. These… Continue reading Aidaptive Recognized in ‘Leading 100 2024’ for Pioneering Solutions in Ecommerce
Berkshire Hills Announces Executive Transition
BOSTON, May 14, 2024 /PRNewswire/ — Berkshire Hills Bancorp, Inc. (the “Company”, NYSE: BHLB) and Berkshire Bank (the “Bank”) announced today that R. David Rosato, Chief Financial Officer, has decided to step down to pursue other interests. Mr. Rosato will remain with the company through June 14, 2024, as the Company transitions his responsibilities to Brett… Continue reading Berkshire Hills Announces Executive Transition
@VW Group: IMSA win rounds off successful weekend for Porsche Motorsport008702
Race The Porsche 963 driven by Nick Tandy and Mathieu Jaminet won the action-packed thriller in California. This marked the 600th victory for a Porsche racing car in the IMSA series and the 100th triumph for the Penske team in sports car racing. Clinching third place, the sister car shared by the championship leaders Felipe… Continue reading @VW Group: IMSA win rounds off successful weekend for Porsche Motorsport008702
@Ferrari: Ferrari Pricing of Issue of Notes000374
Maranello (Italy), 14 May 2024 – Ferrari N.V. (NYSE/EXM: RACE) (the “Issuer”) today announces the pricing of a Euro 500 million issue of notes due in May 2030 (the “Notes”), being well over two times oversubscribed. The issue price of the Notes is equal to 99.677% of their principal amount and the Notes have a… Continue reading @Ferrari: Ferrari Pricing of Issue of Notes000374