BEIJING (Reuters) – Chinese electric vehicle manufacturer BYD has signed an agreement to build a factory for core parts of new energy vehicles with total
Month: July 2024
EV maker Lucid beats quarterly deliveries estimates helped by price cuts
(Reuters) -Lucid Group reported second-quarter deliveries above analysts’ estimates on Monday, as price cuts bolstered demand for its luxury electric sedans, sending the company’s shares
Factbox-Close to 2.3 million homes without power in Texas due to Tropical Storm Beryl
(Reuters) – More than 2.3 million homes and businesses in Texas were without power on Monday as tropical storm Beryl made its way through the
US miners push Washington to revive long-dormant Bureau of Mines
By Ernest Scheyder (Reuters) – Mining trade groups plan to push Washington to revive and expand the long-dormant Bureau of Mines, an effort aimed at
Struggling Biden faces test with ABC interview, vows to fight on
By Andrea Shalal, Steve Holland and Jeff Mason MADISON, Wisconsin (Reuters) -U.S. President Joe Biden, scrambling to defuse a political crisis over his shaky debate
Several Chinese state firms in Shanghai buy Tesla Model Y cars
BEIJING (Reuters) – Several state-owned firms in China’s financial hub of Shanghai have recently purchased Tesla’s best-selling Model Y as service cars, a local government
US inflation easing, job market similar to pre-pandemic conditions -Fed report
By Howard Schneider (Reuters) – Inflation is easing and the job market has returned to the “tight but not overheated” situation seen before the COVID-19
China’s BYD opens EV factory in Thailand, first in Southeast Asia
RAYONG, Thailand (Reuters) – China’s BYD opened its first electric vehicle plant in Thailand on Thursday, the auto maker’s first in Southeast Asia. “BYD is
Oil prices slip after data points to cooling U.S. economy
By Katya Golubkova TOKYO (Reuters) – Oil prices fell in early trade on Thursday after U.S. employment and business activity data came in weaker than
Jeff Bezos to sell Amazon shares worth about $5 billion after stock hits record high
(Reuters) – Amazon founder and executive chair Jeff Bezos is planning to sell almost $5 billion worth of shares in the e-commerce giant, a regulatory