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Amazon.com Inc’s talks to buy driverless vehicle startup Zoox Inc has analysts speculating the deal could save the e-commerce giant tens of billions a year and put auto, parcel and ride-hailing companies on their heels.
HONG KONG: Volkswagen AG is in final talks to seal its largest investment deals with Chinese electric vehicle (EV) firms, two sources said, as the German automaker accelerates its push into the world’s largest market for environmentally friendlier cars.
WEDNESDAY is looking like a watershed moment in history.
CAPE CANAVERAL, Fla. (Reuters) - Stormy weather thwarted a landmark moment for private rocket company SpaceX and NASA on Wednesday, forcing launch directors in Florida to postpone what would have been the first flight of U.S. astronauts into orbit from American soil in nine years.
BEIJING: Tesla Inc is seeking Chinese government approval to build model 3 vehicles in the country equipped with lithium iron phosphate (LFP) batteries, a document on the website of the Ministry of Industry and Information Technology showed.
NEW YORK: U.S. prosecutors have charged the recently ousted owner of a Hollywood movie distributor with defrauding a federal coronavirus emergency relief program and a BlackRock Inc investment fund, including to pay for a Beverly Hills mansion and other luxuries.
In a rare public appearance last week, Fosun Group founder and billionaire Guo Guangchang teamed up with one of China’s biggest online marketing celebrities to tout luxury resort packages and masks from a French fashion label.
BANGKOK: Thailand’s biggest electric-vehicle (EV) venture has stayed mostly in gear during the Covid-19 pandemic, with Energy Absolute Pcl continuing construction on a lithium-ion battery plant and vehicle development. The company’s EV-boat prototypes are now being river-tested.
Nearly half of Americans say they would not get in a self-driving taxi, according to a poll commissioned by the advocacy group Partners for Automated Vehicle Education.
This past weekend, The Times published an exclusive interview with James Dyson about Dyson's EV project and how much this failed Tesla competitor cost him and his company.