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(Reuters) - Aeva Technologies Inc said on Thursday it signed a deal to develop a sensor for a self-driving car to be made by an "undisclosed large company," and its shares rose 13% even as it reported that its loss ballooned and sales came in far below forecasts.
DETROIT (Reuters) - Electric car maker Fisker Inc has finalized its vehicle-assembly deal with Foxconn Technology Co Ltd, including plans to open a U.S. plant in 2023, the companies said on Thursday.
(Reuters) -South Korea's Hyundai Motor Group said on Thursday it planned to invest $7.4 billion in the United States by 2025 to produce electric vehicles, upgrade production facilities and further its investment in smart mobility solutions.
DETROIT (Reuters) -Ford Motor Co, in response to the global semiconductor shortage, is redesigning automotive components to use more accessible chips, the No. 2 U.S. automaker's chief executive said on Thursday.
(Reuters) -Tesla Inc boss Elon Musk on Thursday denounced the "insane" amount of energy used to produce bitcoin, doubling down on his sudden rejection of the cryptocurrency as a means of payment over environmental concerns.
(Reuters) - Tesla boss Elon Musk's sudden u-turn over accepting bitcoin to buy his electric vehicles has thrust the cryptocurrency's energy usage into the headlights.
LONDON (Reuters) - Colonial Pipeline has cyber insurance arranged by broker Aon, with Lloyd's of London insurers AXA XL and Beazley among the underwriters, three sources told Reuters on Thursday.
MILAN (Reuters) - Italy's competition regulator has fined Google 102 million euros ($123 million) for excluding an e-mobility app developed by Enel from the U.S. tech giant's Android system.
NEW YORK/LONDON/TOKYO (Reuters) - Bitcoin slid to a 2-1/2-month low on Thursday after a regulatory probe into crypto exchange Binance added to pressure from Tesla Inc chief Elon Musk's reversing his stance on accepting the digital currency.
(Reuters) -Tesla Inc will no longer accept bitcoin for car purchases, Chief Executive Elon Musk said on Wednesday, citing long-brewing environmental concerns for a swift reversal in the company's position on the cryptocurrency.