WOLFSBURG, Germany (Reuters) – Volkswagen’s leaders on Friday approved a five-year spending plan that aims to further the German automaker’s goal of transforming itself into a leading force in electric cars.
WOLFSBURG, Germany (Reuters) – Volkswagen will spend more than 34 billion euros ($40 billion) on electric cars, autonomous driving and new mobility services by the end of 2022, the group said on Friday.
(Reuters) – Investors shrugged off any concern over Tesla Inc over-stretching its production and financial resources with the unveiling of new futuristic semi-trucks and a pricey sports car, pushing its shares up almost 4 percent on Friday.
TOKYO (Reuters) – Toyota Motor Corp and Suzuki Motor Corp have agreed to cooperate in selling electric vehicles in India from around 2020, they said on Friday, aiming to give each other a leg up in emerging markets and low-emission technology.
LONDON (Reuters) – Bitcoin hit an all-time high just below $8,000 on Friday, on talk that a software upgrade whose suspension sent the cryptocurrency into a tailspin at the end of last week was, after all, going ahead within hours.
LONDON (Reuters) – Recycling companies are honing processes to extract metals from old batteries more cheaply and efficiently so they can capitalize on an expected shortfall in materials such as cobalt and lithium when sales of electric cars take off.
WASHINGTON (Reuters) – The U.S. Supreme Court is set to consider a major cellphone privacy case later this month, but leading players in the wireless industry that is at the center of the closely watched dispute are keeping their distance.
LONDON (Reuters) – Britain’s biggest automaker, Jaguar Land Rover (JLR), has tested its first driverless car on public roads, it said on Friday, as carmakers race against each other and tech firms to tap into new technologies.
BARCELONA (Reuters) – Europe’s biggest technology company SAP expects profit margins to flatten out during the fourth quarter after three years of declines, with improving margins to begin to show up in 2018, Chief Financial Officer Luka Mucic said on…
HAWTHORNE, Calif. (Reuters) – Tesla Inc upstaged its own debut of an electric heavy duty truck on Thursday when a red Roadster pulled out of the big rig’s trailer and Chief Executive Elon Musk said the new $200,000 sports car would be the fastest prod…
HAWTHORNE, Calif. (Reuters) – Tesla Inc on Thursday unveiled a prototype electric big-rig truck that it will start producing in 2019, throwing itself into a new market even as it struggles to roll out an affordable sedan on which the company’s future …
HAWTHORNE, Calif. (Reuters) – Tesla Inc on Thursday unveiled a prototype electric big-rig truck, throwing itself into a new market even as it struggles to roll out an affordable sedan on which the company’s future depends.
TOKYO (Reuters) – Toshiba Corp said on Friday it had not entered into talks with any company to sell its personal computer business, denying media reports that it was in negotiations to sell the unit to Taiwan’s Asustek Computer Inc.
TOKYO (Reuters) – Toshiba Corp said on Friday it was not considering accepting any separate investment in its memory chip unit by a member of a Bain Capital-led consortium that has agreed to buy the prized business for $18 billion.