Tesla reported a web revenue of $270 million in 2020’s last quarter, serving to Elon Musk’s electrical automobile powerhouse notch its first worthwhile 12 months. As standard, gross sales of air pollution credit helped hold the corporate […]
Another “record” Monday for the S&P as major indices inch higher as earnings season takes full effect this week. This coming week, 13 Dow components and 111 S&P 500 companies are set to report […]
BERLIN — Oil and gas giant Shell is buying ubitricity, a major provider of electric vehicle charging points in Europe. Shell said Monday that it would buy a 100% stake in the Berlin-based startup, without […]
In the Middle Ages, the city of Erfurt in central Germany was a key stop on a trading route linking the far-flung ends of Europe. It’s about to take on a crucial new role as […]
Daimler AG’s Mercedes-Benz rolled out its battery-powered EQA SUV as part of a plan to take on Tesla and Volkswagen. Mercedes-Benz’s first fully-electric SUV will be available in the coming months. EQA’s retail price will be […]
Markets price in larger stimulus amid changing administration and bank earnings coming in higher than expected. The Dow Jones Industrial Average rose 150 points, or 0.5%. The S&P 500 gained 0.7%, led by communication services, […]
Rivian Automotive Inc., the electric-truck startup backed by Amazon.com Inc. and Ford Motor Co., raised $2.65 billion in new funding from a group of investors led by T. Rowe Price Group Inc. Other investors in the round included Fidelity Investments, […]
Energy News Beat Publishers Note: Will China change and have subsidies on the VW electric cars? Volkswagen AG has set the starting price of its first locally built all-electric sports-utility vehicle with its Chinese partner FAW Group […]
NEW DELHI: Tesla Inc has moved a step closer to its launch in India later this year by registering a company in the country, a regulatory filing showed on Tuesday. Tesla Motors India and Energy […]
Energy News Beat Publishers Note: This is an excellent summary from DRW on the world wide phenomena of EV investments. Tesla is capturing significant market share from all of the EV manufactures and is making […]
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