Automotive

Ford Raises Annual Guidance After Strong Quarter, Citing Robust Pricing and Resilient Demand

Ford lifted its full-year guidance after a second-quarter earnings beat, citing strong pricing and resilient demand. Shares rose about 4% on the news.

Palantir Stock Rallies Ahead of Quarterly Results as Investors Weigh Lofty Valuation

Palantir shares climbed ahead of its quarterly results as investors weigh strong AI-driven growth against one of the steepest valuations in tech.

Visa to Acquire Fraud Intelligence Firm BioCatch in $2.4 Billion Cybersecurity Push

Visa has agreed to acquire fraud intelligence firm BioCatch for $2.4 billion, expanding its cybersecurity and behavioral biometrics capabilities.

SpaceX Faces First Earnings Test as Post-IPO Slump Rattles Investors

SpaceX prepares to report its first quarterly earnings as a public company amid a sharp post-IPO share decline, putting Elon Musk under fresh investor scru

Strategy Sells $105 Million in Bitcoin, Signaling Shift Toward Liquidity Priorities

Strategy has sold about $105 million in bitcoin, signaling a shift toward prioritizing liquidity over accumulation amid volatile crypto markets.

China’s Sany Heavy Industry moves closer to Frankfurt listing

China's leading engineering machinery company, Sany Heavy Industry, is moving forward with its plans to list on the Frankfurt Stock Exchange. This could be...

RoboSense to supply lidars to FAW-Toyota

RoboSense, the leading Chinese Lidar developer, has made a big splash in the automotive industry with its recent win of orders from Toyota Motor...

Gotion to build EV batteries in Europe with Slovakia’s InoBat

Chinese battery maker, Gotion High Tech Co., is set to revolutionize the European electric vehicle market with its new joint venture with Slovakian peer,...

Honda to merge production planning, engineering units in China to aid EV rollout

Honda Motor Co. is taking steps to bolster its business in China with a major merger of its production and engineering units. Effective April...

GM says China lab develops solid-state battery

The Shanghai-based science lab of the automaker has engineered a "revolutionary" high-power bipolar solid-state battery that is poised to shake up the game. General Motors...

China’s automobile industry registers steady expansion in 2022.

The Chinese automobile industry has been showing a stable growth trend in 2022, with impressive year-on-year increases in revenue and profits, according to data...

China car sales plunge 38% in January as subsidies, tax cut end

China's passenger car sales took a hard hit in January, with a 38% slump reversing the 2.4% gain from the previous month. As it...

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