MILAN (Reuters) – Stellantis on Wednesday unveiled its new ‘STLA Medium’ vehicle platform, the first of four new electric-centric bases that will underpin all future models made by t[...]
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Technology
Chinese automakers to take majority of home market for first time – forecast
(Reuters) – Chinese auto brands are on track to account for just over 50% of the cars sold in their home market this year thanks to a growing dominance in electric vehicles, consultancy AlixPart[...]
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China’s Xpeng sees sales turnaround in second half with new EV model
SHANGHAI (Reuters) -Chinese electric-vehicle maker Xpeng forecast sharp growth in deliveries in the second half of the year thanks to its new model that is taking on Tesla with competitive prices and[...]
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EV startup Nikola reports jump in second-quarter deliveries, shares rise
(Reuters) -Nikola said on Wednesday that wholesale and retail sales of its electric vehicles jumped in the second quarter from the first, a positive sign for the startup that has been grappling with a[...]
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Germany’s Scholz hints at more chip investments
BERLIN (Reuters) – German Chancellor Olaf Scholz said on Wednesday that he knew of further plans for large investments in chip production in Germany, a welcome trend as Europe looks to reduce it[...]
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Explainer-China’s rare earths dominance in focus after mineral export curbs
By Mai Nguyen (Reuters) – China said on Monday it will impose export restrictions on gallium and germanium products used in computer chips and other components to protect national security inter[...]
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Tesla cuts prices in Japan for Model 3 and Y
TOKYO (Reuters) – Tesla Inc cut prices in Japan of its Model 3 and Y electric vehicles by low single-digit percentages from the start of this month, it said on Tuesday. The company slashed price[...]
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Italy’s Meta tax review gets underway in potential test case for tech sector
By Emilio Parodi MILAN (Reuters) – Italy expects to take until the end of the year for an initial assessment of Facebook parent Meta in a tax case that could land the U.S. company with a bill of[...]
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Apple loses London appeal in 4G patent dispute with Optis
LONDON (Reuters) – Apple Inc infringed two telecommunications patents used in devices including iPhones and iPads, London’s Court of Appeal ruled on Tuesday, dismissing the tech giant[...]
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