EXCLUSIVE India considers sharp import tax cuts on EVs after Tesla lobbying – sources
India is considering slashing import duties on electric cars to as low as 40%, two senior government officials told Reuters, days after Tesla Inc’s (TSLA.O) appeals for a cut polarised the country’s auto industry.
Wolfsburg, we have a problem: How Volkswagen stalled in China
In late December 2019, managers at Volkswagen (VOWG_p.DE) headquarters in Wolfsburg realised they might have a serious problem in China, the company’s biggest market and ticket to its electric future.
Biden seeks to make half of new U.S. auto fleet electric by 2030
President Joe Biden took a step toward his goal of slashing greenhouse gas emissions on Thursday with an executive order aimed at making half of all new vehicles sold in 2030 electric, a move made with backing from the biggest U.S. automakers.
EXCLUSIVE Rivian ready to invest $5 billion in second U.S. assembly plant -document
Amazon.com Inc (AMZN.O)-backed Rivian plans to invest $5 billion initially in its second U.S. electric vehicle assembly plant, according to a company document shared with state economic development officials.
Amazon denies report of accepting bitcoin as payment
Amazon.com Inc (AMZN.O) on Monday denied a media report saying the e-commerce giant was looking to accept bitcoin payments by the end of the year.
S&P 500 edges up as investors eye key earnings, Fed meeting
The S&P 500 edged higher and eked out another record closing high on Monday, bolstered by optimism over earnings with heavyweight technology names reporting this week, while caution ahead of a policy meeting by the Federal Reserve kept the market in check.
Futures fall as regulatory woes hammer Chinese stocks
U.S. stock index futures pulled back from record highs on Monday as locally listed Chinese firms tumbled on tighter regulations in the mainland, souring sentiment at the start of a week packed with tech earnings.
Bitcoin leaps 12% to test recent peaks, ether hits 3-week high
Cryptocurrencies popped to the top of recent ranges on Monday as short sellers bailed out in the wake of a strong week and while traders hoped a handful of positive comments from influential investors might signal a turnaround in fragile sentiment.
Marketmind: A China crackdown
World stocks snapped a four-day rising streak on Monday as a widening crackdown on some parts of the world’s second biggest economy by regulators sent shudders through global markets.
In push to supply Tesla, Piedmont Lithium irks North Carolina neighbors
In its quest to build one of the largest lithium mines in the United States, Piedmont Lithium Inc (PLL.O) has overlooked one crucial constituency: its North Carolina neighbors.
