Automotive

GM rethinks planned stake in electric vehicle maker Nikola

General Motors will not be taking a stake in the electric vehicle company Nikola, and the company said Monday that it was scuttling one of its marquee vehicles, an electric and hydrogen-powered pickup, after GM pulled technological ...

Business

Mercedes F1 team dump crypto partner

The Mercedes team on Friday confirmed they had suspended a sponsorship deal with crisis-hit crypto currency exchange FTX and had removed the company's logos from their cars ahead of this weekend's Sao Paulo Grand Prix.