U.S. startup Fisker Inc will begin selling its Ocean electric sport-utility vehicle (SUV) in India next July and could begin manufacturing its cars locally within a few years, the company's chief executive officer told Reuters.
Wall Street's main indexes fell on Friday as investors fretted over the prospect of an economic downturn and a hit to corporate earnings from the U.S. Federal Reserve's aggressive policy tightening moves to quell inflation.
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Wall Street's main indexes were set for a lower open on Friday as investors fretted over the prospect of an economic downturn and a hit to corporate earnings from the U.S. Federal Reserve's aggressive policy tightening moves to quell price pressures.
Wall Street futures fell on Friday as investors fretted over the prospect of an economic downturn and a hit to corporate earnings from the U.S. Federal Reserve's aggressive policy tightening moves to quell inflation.
South Korean shares fell 1% on Friday, led by electric-vehicle battery makers and set for their biggest weekly drop in more than three months. The won strengthened, while the benchmark bond yield jumped.
South Korean battery maker LG Energy Solution said on Friday it has signed agreements on lithium and cobalt sourcing with three Canadian mining firms in a bid to expand its footprint in North America.
Tesla Inc on Thursday countersued the California agency that has accused the electric carmaker of tolerating widespread race discrimination at its flagship assembly plant.
Major Wall Street indexes ended lower on Thursday, falling for a third straight session as investors reacted to the Federal Reserve's latest aggressive move to rein in inflation by selling growth stocks, including technology companies.
The Nasdaq and S&P 500 closed lower on Thursday, falling for a third straight session as investors reacted to the Federal Reserve's latest aggressive move to rein in inflation by selling growth stocks including technology companies.
Wall Street's main indexes were on course to post their third straight day of declines on Thursday, as traders sold financial and technology stocks on fears the Federal Reserve's aggressive approach to rein in inflation could trigger a recession.
What happened
Tesla (NASDAQ: TSLA) has put much time and focus into expanding production capacity at its plant in Shanghai, China. There are indications that those efforts will pay off, but the stock is getting hit Thursday after a large unrelated recall from the EV leader. Tesla
Wall Street's main indexes were set for a muted open on Thursday as investors assessed the impact on U.S. economic growth from the Federal Reserve's unwavering focus to rein in inflation through aggressive interest rate hikes.
In a conscious move toward sustainable mobility, General Motors GM and Hertz Global HTZ recently formed an agreement, per which the former will sell nearly 175,000 of its EVs to the latter.The automaker will start supplying Chevrolet, Buick, GMC, Cadillac and even its com
The NASDAQ 100 Pre-Market Indicator is up 13.17 to 11,650.96. The total Pre-Market volume is currently 64,527,393 shares traded.The following are the most active stocks for the pre-market session: Spero Therapeutics, Inc. (SPRO) is +1.2783 at $2.10, with 34,904,228 shares traded
French carmaker Renault will control 80% of its electric vehicle value chain well ahead of its 2030 target as it develops partnerships in batteries, electric motors and power electronics, its chief executive said on Thursday.
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