Automotive

Volvo's shares up after record first quarter profits

Volvo Group's shares were up seven percent Wednesday after the Swedish truck-maker posted record first-quarter earnings, in a sign of an easing of supply chain disruptions and high costs that have plagued the auto industry.

Energy & Green Tech

4 in 10 say next vehicle may be electric: Poll

Many Americans aren't yet sold on going electric for their next cars, a new poll shows, with high prices and too few charging stations the main deterrents. About 4 in 10 U.S. adults are at least somewhat likely to switch, ...

Automotive

US expands access to EV subsidies in proposed rules

US officials proposed Friday guidelines that widen access to electric vehicle subsidies, bringing relief to countries like Japan and potentially the EU amid their fears of being excluded from Washington's spending bonanza.

Business

Huawei profit sinks in 2022 amid sanctions, but sales higher

Huawei on Friday reported a nearly 70% decline in profit last year amid sanctions and pandemic challenges, but its enterprise sales rose as the Chinese technology giant sought to pivot into digital industries and reduce its ...

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