Cars
Reuters | Nov 30, 2022Faraday Future Appoints Xuefeng Chen As Global CEOChen, who was most recently the CEO of the company's China division and has spent nearly two decades in the automotive industry, succeeds Carsten Breitfeld, who was removed from the role by the board, the company added in a filing.1 min read
Reuters | Nov 30, 2022Mazda unveils $11 Billion EV Spending Plan, Considers Investing In Battery ProductionThe company also raised its sales target for electric vehicles (EVs) to up to 40% of its total global sales by 20302 mins read
Reuters | Nov 30, 2022Musk Looks To Delay Twitter Trial Following Whistleblower ClaimsElon Musk is seeking to delay until November a trial over his intention to back out of a $44 billion deal to buy Twitter Inc and amend his complaint against the social media company, according to court filings, after a whistleblower provided him with fresh ammunition.2 mins read
Reuters | Nov 30, 2022Intel's Mobileye IPO Eyes Significantly Lower Valuation - ReportMobileye, which was originally expected to land a roughly $50 billion valuation, is now set to target one of under $20 billion and sell a smaller number of shares than originally planned, according to the report.1 min read
Reuters | Nov 30, 2022Stellantis To Halt Production At Italian PlantThe Melfi plant, which employs more than 7,000 workers, produces the Jeep Compass and Renegade models, some of Stellantis' bestsellers in Europe.1 min read
Reuters | Nov 30, 2022GM Temporarily Halts Paid Advertising On TwitterThe largest U.S. automaker said it was "engaging with Twitter to understand the direction of the platform under their new ownership."1 min read
Reuters | Nov 30, 2022Tesla Has Considered Exporting EVs From Shanghai To US, Canada - ReportTesla has considered plans for exporting made-in-China electric vehicles to the United States and Canada.4 mins read
Reuters | Nov 30, 2022Volkswagen Sells Weshare To Berlin-Based Carsharing ServiceVolkswagen said it would not disclose the selling price as per the agreement.0 mins read
