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Business 18 Jan 2021 | 7:00 AM

GM to invest US$800mil for EV output at Ontario plant

ONTARIO: General Motors Co (GM) will invest nearly US$800mil to bring production of the BrightDrop EV600 electric vehicle to its CAMI manufacturing plant in Ontario, Canada.

Business 04 Jan 2021 | 7:00 AM

Tesla delivered record number of cars worldwide in Q4 of 2020

NEW YORK: Tesla Inc delivered a record number of cars worldwide in the fourth quarter of 2020, but fell just shy of a goal for 500,000 units for the full year.