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OAKLAND: Tesla Inc chairman Robyn Denholm sold 31,250 shares of the electric-vehicle maker for more than US$22mil (RM92.92mil), according to a regulatory filing.
TAIPEI (Reuters) -Foxconn said on Thursday it has bought a chip plant from Taiwan chipmaker Macronix International for T$2.52 billion ($90.8 million), as the electronics giant looks to make auto chips amid its foray into the electric vehicle (EV) market.
HONG KONG: Asian stocks were mostly negative on Tuesday as the Delta coronavirus variant spread in key markets and Chinese officials took aim at video game producers, once more rattling investor confidence in the mainland's markets.
(Reuters) - German-Australian start-up Vulcan Energy Resources Ltd said on Monday it has signed a deal to supply lithium to Renault SA, the latest move by an electric vehicle maker to lock down supply of the battery metal ahead of a projected surge in demand.
DUBAI: Kuwait Ports Authority (KPA) has approved a proposal to build the Middle East’s first city to serve electric vehicle (EV) manufacturers, the authority said in a statement yesterday.
(Reuters) -Amazon.com Inc-backed electric vehicle start-up Rivian Automotive is in talks with ministers about building a factory in the UK that could include a big state support package, Sky News reported on Saturday.
JAKARTA (The Jakarta Post/ANN): Indonesia has inked a US$1.1 billion (Rp15.9 trillion) deal with a consortium of South-Korean companies to build an electric vehicle (EV) battery cell factory that will employ around 1,000 workers.
MICHIGAN: Ford Motor Co overcame a critical parts shortage and managed to post a surprise profit in the second quarter, thanks to surging prices on models that have become harder to find on dealer lots.