Business

The U.S. is falling further behind China and Europe in EV production

U.S. President Joe Biden test the new Ford F-150 lightning truck as as he visits VDAB at Ford Dearborn Development Center in Dearborn, Michigan, May

Business

Electric Last Mile is the latest speculative EV company to go public

Shares of Electric Last Mile Solutions popped on their trading debut Monday on the Nasdaq, adding to a growing list of speculative electric vehicle start-up

Business

Ford says second quarter earnings will ‘surpass expectations’

Ford CEO Jim Farley on the firm’s new Rouge Electrical Car Heart on Could 18, 2021 forward of remarks from President Joe Biden. Michael Wayland

Business

GM CEO Mary Barra says firm is price extra conserving EV battery unit in home

Common Motors revealed its all-new modular platform and battery system, Ultium, on March 4, 2020 at its Tech Heart campus in Warren, Michigan. Photograph by

Business

GM ups spending on EVs and autonomous automobiles to $35 billion by 2025

GM CEO and chairman Mary Barra speaks throughout an “EV Day” on March 4, 2020 on the firm’s tech and design campus in Warren, Mich.,

Business

Oracle, Roblox, Kindred Biosciences & extra

Check out among the largest movers within the premarket: Oracle (ORCL) – Oracle earned $1.54 per share for its newest quarter, beating the consensus estimate

Business

GM-backed Cruise secures $5 billion credit score for self-driving robotaxis

Cruise, a majority-owned subsidiary of Normal Motors, has secured a brand new $5 billion line of credit score because it prepares for commercialization of its

Business

UBS names shares to profit from inexperienced power transition

A bike owner passes oil silos on the Royal Dutch Shell Pernis refinery in Rotterdam, Netherlands, on Tuesday, April 27, 2021. Peter Boer | Bloomberg

Business

California will enable Cruise to present rides in driverless take a look at automobiles

Cruise Origin driverless shuttle Cruise Cruise, the autonomous car firm that is majority owned by Normal Motors, might quickly be giving rides in driverless take

Business

Palantir will get aggressive with SPACs, investing in Babylon Well being

A pedestrian passes a banner displaying Palantir Applied sciences signage throughout the firm’s preliminary public providing (IPO) in entrance of the New York Inventory Alternate