About Reuters
Articles of Reuters
GM, Travel Operator Pilot To Develop EV Charging Network
General Motors Co and travel operator Pilot will develop a network of 2,000 electric vehicle charging stalls at travel centers in U.S. to make it easier to recharge near highways.
Read More →
Judge In Twitter v. Musk Once Made Rare Ruling: Ordering A Deal To Close
The judge overseeing Twitter Inc's $44 billion lawsuit against Elon Musk has a no-nonsense reputation as well as the distinction of being one of the few jurists who has ever ordered a reluctant buyer to close a U.S. corporate merger.
Read More →
U.S. Not Expecting Saudi Arabia To Immediately Boost Oil Output
The United States does not expect Saudi Arabia to immediately boost oil output and awaits the outcome of an OPEC+ meeting on Aug. 3.
Read More →
Ford, SK On Finalize U.S. EV Battery Joint Venture
Ford Motor Co and South Korean battery maker SK On Co along with its subsidiary finalized setting up a joint venture for building and operating battery production facilities in the United States.
Read More →
U.S., Mexico Resolve Panasonic Auto Parts Plant Labor Dispute
The United States and Mexico announced a resolution to a dispute at a Panasonic auto parts plant in Mexico, with workers receiving an above-inflation pay rise after the firm rejected an agreement with a union that lacked lawful bargaining authority.
Read More →
UK Fast-Charging Battery Startup Nyobolt Raises $59 Million
Nyobolt has raised 50 million pounds ($59 million) in Series B funding to build a UK manufacturing plant in 2023 to produce millions of battery cells.
Read More →
Taiwan Weighs Foxconn Fine For China Chip Investment - Report
Taiwan's government is considering fining tech giant Foxconn up to T$25 million ($835,600) over its investment in a Chinese chip conglomerate without first getting regulatory approval.
Read More →
Musk Says Tesla Could Lower Car Prices If Inflation Slows
Tesla CEO Elon Musk said the electric automaker could lower prices for cars if inflation calms down.
Read More →
Munich Court Orders Tesla To Reimburse Customer For Autopilot Problems
A Munich court has ordered Tesla to reimburse a customer most of the 112,000 euros she paid for a Model X SUV because of problems with the Autopilot function.
Read More →
Oil Rises 2% As No Immediate Saudi Output Boost Expected
Oil gained 2.5% after a U.S. official told Reuters that an immediate Saudi oil output boost was not expected, and as investors question whether OPEC has the room to significantly ramp up crude production.
Read More →
Elon Musk Seeks To Block Twitter Request For Expedited Trial
Elon Musk filed a motion opposing Twitter's request to fast-track a trial over his plan to terminate his $44 billion deal for the social media firm.
Read More →
Panasonic Picks Kansas For Tesla EV Battery Plant, State Puts Investment At $4 Billion
Panasonic, a major Tesla supplier, said it had selected Kansas as the site for a new battery plant that state officials said would create up to 4,000 jobs with investment of up to $4 billion.
Read More →
Vietnam's VinFast Taps Banks For $4 Billion EV Factory Funding Deal
Vietnam carmaker VinFast said it has tapped Credit Suisse and Citigroup to raise at least $4 billion to build its planned electric vehicle factory in North Carolina and fund its U.S. expansion.
Read More →
Bosch Invests 3 Billion Euros In Chips, Says Shortage To Last Into 2023
Technology group Bosch expects supply bottlenecks for some types of chips to last into 2023 even as inflation reduces demand for certain consumer goods.
Read More →Oil Rises On Prospects Of Less Aggressive U.S. Rate Hike
Oil prices rose amid prospects of a less aggressive U.S. rate hike, although worries about a recovery in demand capped gains.
Read More →Tesla Moves To Push Lawsuit Over Mass Layoffs Out Of Court
Tesla Inc on Thursday asked a U.S. court to dismiss a lawsuit claiming the electric car maker violated federal law by laying off hundreds of workers without advance notice.
Read More →
EV Disruptors Hit Industry Speed Bumps That Have Plagued Legacy Automakers For Years
Electric vehicle startups that promised to disrupt the automotive industry by using a software- and technology-heavy approach are now scrambling to cut costs amid the type of industry slowdown that has bedeviled Detroit automakers over the years.
Read More →Tesla Supplier Panasonic Eyes 20% Jump In Battery Density By 2030
Panasonic Energy, a core Panasonic Holdings unit, plans to achieve those gains by using a new mix of additives to allow individual cells to run at a higher voltage without damaging the batteries' performance.
Read More →
Polestar EV Sales Surge In First Half, On Track For Full-Year Target
Sales at the Swedish EV maker rose almost 125% to about 21,000 cars in the first six months of the year, up from 9,510 in the same period last year.
Read More →
Bosch To Invest 3 Billion Euros In Chip Production
Bosch last year opened a 1 billion euro chip factory in Dresden, a record investment as it sought to stake its claim in the growing market for chips to equip self-driving and electric cars amid a global shortage.
Read More →
