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Foxconn To Become Biggest Shareholder In Lordstown Motors With Up To $170 Million Investment

Nov 30, 2022, 9:58 PM

Foxconn To Become Biggest Shareholder In Lordstown Motors With Up To $170 Million Investment

Lordstown Motors Corp has agreed a deal under which a Foxconn affiliate will invest up to $170 million in the EV maker.

2 Min

Reuters | Nov 30, 2022
Uber-Rival Beat Withdraws From Latin America
Ride-sharing app Beat is withdrawing from Latin America to focus on its European operations.
1 min read
Reuters | Nov 30, 2022
Bosch CEO Sees Inflation Weighing On Margins But Could Ease Chip Shortage
Bosch sees a possible easing of the global chip shortage in the second half of 2023 if demand dips under the weight of inflation.
1 min read
Reuters | Nov 30, 2022
Tesla Has Considered Exporting EVs From Shanghai To US, Canada - Report
Tesla has considered plans for exporting made-in-China electric vehicles to the United States and Canada.
4 mins read
Reuters | Nov 30, 2022
Redwood Materials To Supply Cathode Material To Panasonic U.S. Battery Plant
Panasonic will buy remanufactured battery cathode material from Redwood Materials beginning in 2025.
1 min read
Reuters | Nov 30, 2022
Mercedes Cuts Some China Electric Car Prices, Shaking Shares
Mercedes-Benz had cut prices on some of its EQE and EQS models in China due to changing market demand for top-end electric vehicles.
2 mins read
Reuters | Nov 30, 2022
Indian Minister Urges OPEC+ To Consider Impact On Consumers At Dec Meeting
India's oil minister urged the OPEC+ alliance of oil producers to bear in mind the impact of their upcoming decision.
2 mins read
Reuters | Nov 30, 2022
Haiti Police End Gang Blockade Of Fuel Terminal, Sources Say
Haitian police have taken control of a fuel terminal that had been blockaded by armed gangs since September.
1 min read
Reuters | Nov 30, 2022
Rupee Posts Tenth Monthly Decline On Weak Asian Peers, Oil Price Worries
The Indian rupee chalked up its tenth straight monthly fall after slipping versus the dollar, on concerns over oil prices and in line with losses in most other Asian currencies.
1 min read

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Reuters | Aug 28, 2021
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Reuters | Aug 28, 2021
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Reuters | Aug 28, 2021
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Reuters | Aug 28, 2021
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