BUSINESS Archives - Page 50 of 52

Hyundai Slashes Prices for IONIQ 5/6: Electric Car Deals Await U.S. Customers 2023.11.03 .

296 Challenge: Ferrari's Latest Marvel for Racing Enthusiasts 2023.11.03 Ferrari has unveiled the '296 Challenge' at the Finali Mondiali, an event that marks the pinnacle of the annual Ferrari racing season, held at the Mugello Circuit.

Toyota's Mega Investment: $8 Billion Surge in North Carolina Battery Factory 2023.11.02 Toyota has announced an additional $8 billion investment in its electric vehicle battery plant in North Carolina, USA.

Elon Musk Praises Chinese Electric Cars as Most Competitive Globally 2023.11.02 Top 10 global EV sales: traditional automakers absent, Elon Musk praises Chinese competitiveness, especially Tesla China and BYD.

US SEC Chair Expresses Concerns About AI-Driven Market Crises 2023.11.02 SEC Chairman Gensler warns of AI risks in financial markets, calls for regulation amid global efforts to address AI challenges.

Global Investors Flee Chinese Stocks in Unprecedented Exodus 2023.11.01 Foreign capital withdrawal from the Chinese stock market hit a record high last month, totaling 44.6 billion yuan.

Record High Short-Term Interest Rates in China Raise Liquidity Alarm Bells 2023.11.01 China's short-term interest rates reached 50%, causing liquidity concerns; People's Bank may lower the reserve requirement ratio (RRR).

Toyota's Future-Ready Pickup Truck: IMV 0 Wows Dads at 2023 Japan Mobility Show 2023.11.01 Toyota unveils IMV 0 concept: versatile electric pickup truck for 2025 launch, focusing on cost-effectiveness and customization.

Tesla's Model Y Performance Gets Pricier in China: What You Need to Know 2023.10.31 Tesla increases the price of its top Model Y by 14,000 yuan in China to 363,900 yuan due to strong demand.

Volvo Reports Impressive Q3 Performance With a 22% Surge in EV Sales 2023.10.30 Volvo Q3 operating profit, excluding joint ventures and associates, surged by 75% to $677.6 million, with strong sales and cost savings.

Porsche Drives Forward: Strong Q3 2023 Performance After IPO Success 2023.10.29 Porsche reports impressive Q3 results with 12.6% sales growth, exceeding profit margins, and strong global demand.

California Suspends GM Cruise's Robotaxi Permit Over Safety Issues 2023.10.28 The state of California has suspended GM Cruise's autonomous driving trial permit within the U.S. due to safety concerns.

Hyundai's $5.5 Billion EV Plant in Georgia Nears Full Foundation Completion 2023.10.26 Hyundai's U.S. electric vehicle assembly and battery plant progress rapidly, with 99.9% of foundation work completed in one year.

Bitcoin on Fire: What's Driving the 15% Price Explosion? 2023.10.24 Bitcoin's price jumped over 15% due to growing expectations of an early Bitcoin spot ETF launch after BlackRock's ETF application progress.

BMW's Mega Investment in US Electric Vehicle Production 2023.10.20 BMW is investing $1.7 billion in the USA for an EV battery factory and plans to produce six electric vehicle models by 2030.

Tesla's New Tech Monitors Your Yawns and Blinks to Prevent Drowsy Driving 2023.10.20 Tesla's new drowsy driver alert uses internal cameras to monitor and alert drowsy drivers in European vehicles.

MIT Professor Praises Late Samsung Chairman's Visionary Who Saw Beyond Possibility 2023.10.19 Prof. Scott Stern lauds late Chairman Lee's visionary Samsung leadership in mobile, alliances, tech, and design.

Shockwave in Electric Truck Industry: Volta Trucks Faces Bankruptcy 2023.10.19 Swedish electric truck startup Volta Trucks is filing for bankruptcy due to issues with its battery supplier, Proterra.

CEO's Playbook: How a Top Woman Leader Runs a World-Class Hotel 2023.10.17 Hotel Shilla is focusing on luxury upgrades, exemplified by its long-term partnership with Chanel in Jeju.

Electric Car Prices Drop, Now More Affordable for Americans 2023.10.17 The average price of battery-electric vehicles in the U.S. drops to $56,830, driven by Tesla's price reductions and an increase in sales.

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