CalPERS plans to oppose Tesla CEO Elon Musk’s USD 56 billion pay package, citing concerns over the compensation not being commensurate with the company’s performance.

Uber Technologies unveils a range of services and initiatives to cater to the surge in demand during the upcoming Paris Olympics, including free Seine River …

The factory’s delay comes as Biden campaigns heavily to win North Carolina in the upcoming presidential election, a state narrowly won by Republicans in 2020.

Such a partnership will enable the company to offer sustainable and effective delivery solutions to foster rapid sustainable growth among incumbent stakeholders. 

FAME 3 is expected to have a higher budget and extended duration, targeting a broader deployment of electric vehicles and a significant expansion of charging …

Volkswagen’s Audi brand resolved a dispute with its Chinese retailers in 2017 by providing undisclosed compensation payments.

An additional 10% tariff on top of the current 10% levy would cost Chinese EV exporters approximately USD 1 billion, based on 2023 trade data.

Both schemes fall under the category of Important Projects of Common European Interest (IPCEI), which allows EU governments to fund them under more flexible state …

Mitsubishi Electric’s automotive equipment business reported sales of 944.1 billion yen (USD 6.03 billion) last fiscal year.

CNOOC, another partner in the joint venture, owns a 25% stake.