Porsche AG, the iconic German luxury car manufacturer, announced plans to significantly reduce its dealership network in China, marking a strategic shift in response to …
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Analysts noted that the geopolitical risk premium previously built into oil prices began to decline after Israel’s limited response.
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To navigate its financial challenges, Boeing secured a USD 10 billion credit agreement with major banks including Bank of America and Citibank.
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The CAT 3.0 NXT features app-based battery technology with impressive ranges of 180+ km to 200+ km on a single charge, depending on the battery …
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RBW EV Cars, the British startup specialising in electric conversions of classic sports cars, announced Friday a significant expansion of its business model, launching a …
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INDUSTRY NEWSLatest News
Oil market edge higher amid Middle East tensions and diplomatic developments
Global oil markets demonstrated cautious optimism on Friday as prices moved marginally higher, reflecting ongoing geopolitical tensions in the Middle East and anticipated diplomatic initiatives, …
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Tesla’s stock achieved a remarkable milestone Thursday, surging nearly 22% in its most significant single-day rally since May 2013, as investors responded enthusiastically to CEO …
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INDUSTRY NEWSLatest News
Outrider secures USD 62 million in funding as autonomous truck technology gains traction
Outrider, the Colorado-based autonomous trucking technology company, has successfully secured USD 62 million in Series D funding, marking a significant milestone in the evolution of …
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U.S. stock index futures signalled a strong rebound Thursday, primarily driven by Tesla’s unexpectedly positive earnings forecast, offering a ray of hope for technology investors …
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According to the California Department of Motor Vehicles, Tesla last reported utilising its autonomous vehicle testing permit in 2019.