Energy & Green Tech

Threat or promise? E-auto boom could cost industry jobs

Over 115 years the auto industry in the east German town of Zwickau has lived through wrenching upheavals including World War II and the collapse of communism. Now the city's 90,000 people are plunging headlong into another ...

Business

Tesla to join elite S&P index, shaking up Wall Street

Tesla is set to join an elite group of companies in a key Wall Street index, a move which gives greater prominence to the high-flying electric carmaker and forces money managers to reshuffle their portfolios.

Automotive

Tesla to export cars made in China to Europe

Tesla will this month begin exporting cars to Europe that are made at its new factory in Shanghai, the fast-growing US electric carmaker has announced.

Electronics & Semiconductors

US chip-maker Onsemi to invest $2 bn in Czech plant

US chip-maker Onsemi will invest up to $2 billion to expand its plant in the Czech Republic, the biggest investment in the country's modern history, the industry minister said Wednesday.

Automotive

China auto sales off 22.4% in first half of 2020

China's auto sales rose 1.8% in June over a year earlier but fell by double digits for the first half of 2020 after the country shut down to fight the coronavirus, an industry group reported Friday.

Automotive

Tesla's market value tops $1T after Hertz orders 100K cars

Hertz announced Monday that it will buy 100,000 electric vehicles from Tesla, one of the largest purchases of battery-powered cars in history and the latest evidence of the nation's increasing commitment to EV technology.

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