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Honda"s Bet On Canadian EV Hub: Reportedly Plans $11B Investment
Honda Motor reportedly announces a groundbreaking $11 billion investment to pioneer electric vehicle manufacturing in Canada. Collaborating with Canadian authorities, this.....»»
Soon you can use bitcoins to buy that new Tesla
Tesla has acquired around $1.5 billion in Bitcoin under an investment policy at the electric car maker, and it plans.....»»
Earnings Results: Ford reports quarterly loss that tops $2 billion, increases investment in electric vehicles
Ford Motor Co. on Thursday posted a wider-than-expected loss in the fourth quarter, but shares rose after the auto maker promised to invest more in electric and autonomous vehicles......»»
Ford boosts investment in electric and self-driving vehicles to $29 billion over 5 years
Ford on Thursday said it will invest $29 billion in electric and autonomous vehicles, even as it posted a fourth-quarter net loss of.....»»
Warren Buffett"s Berkshire Hathaway has scored a 3,000% gain on its BYD investment. Here"s the story of its bet on the Chinese electric-vehicle company.
The famed investor's company spent $232 million in 2008 to secure a stake worth more than $7 billion today. BYD founder and CEO Wang Chuanfu, Charlie Munger, and Warren Buffett celebrate at a car launch. REUTERS/Jason Lee Warren Buffet.....»»
Warren Buffett"s Berkshire Hathaway has scored a 30x gain on its BYD investment. Here"s the story of its bet on the Chinese electric-vehicle company.
The famed investor's company spent $232 million in 2008 to secure a stake worth more than $7 billion today. BYD founder and CEO Wang Chuanfu, Charlie Munger, and Warren Buffett celebrate at a car laun.....»»
How Option Traders Are Playing Ford Following $2.7B Rivian EV Truck Investment
Ford Motor Company (NYSE: F) shares spiked 6.6% Thursday and are now up 18.6% in the past week following news that Ford electric truck startup Rivian raised more than $2.7 billion at a $28 billion valuation. read more.....»»
Tesla Supplier LG Energy Solution Reaches $9.8B Battery Investment Deal With Indonesia
Tesla Inc (NASDAQ: TSLA) supplier LG Energy Solution, which spun-off from LG Chem earlier this month, has signed a $9.8 billion electric vehicle battery investment agreement with Indonesia, Reuters read more.....»»
JPMorgan may have made $1 billion on Tesla in two months
The banking titan's investment arm bought more than 2 million shares in Elon Musk's electric-car startup before its stock price skyrocketed......»»
General Motors to invest $2.2 billion in all-electric vehicle plant in Detroit
General Motors Co. said Monday that it will invest $2.2 billion to build a plant in Michigan that will make all electric vehicles. The automaker (NYSE: GM) said it will make the investment at its Detroit-Hamtramck assembly plant where it will produce a.....»»
Why Now’s the Time for GM’s $2.2 Billion Investment in Electric Vehicle Plant
GM announced Monday that it will remodel its Hamtramck, Michigan, assembly plant to build the company's planned electric pickups and SUVs......»»
T. Rowe Price Invests $1.3 Billion In Rivian EV Startup As It Dumped Tesla In 2019
T. Rowe Price Invests $1.3 Billion In Rivian EV Startup As It Dumped Tesla In 2019 Baltimore-based T. Rowe Price Associates Inc. plowed nearly $1.3 billion in the latest investment round into electric vehicle (EV).....»»
Electric vehicle startup Rivian scores $1.3 bln investment
Electric pickup maker Rivian - the so-called Tesla of trucks - said on Monday that it raised $1.3 billion in new funding, the startup's fourth major investment round this year. Chris Dignam has more......»»
Amazon backed electric truck maker completes $1.3B in funding round
A startup that's building electric trucks that Amazon plans to use for delivery said it's raised $1.3 billion in a new funding round. The round included money from Ford Motor Co., Amazon.com Inc. and others “This investment demonstrates confidence .....»»
Electric vehicle startup Rivian scores $1.3 billion investment from T.Rowe Price, others
Electric vehicle startup Rivian said on Monday it closed a $1.3 billion investment round, led by fund manager T. Rowe Price but also including existing investors online retailer Amazon.com Inc and No. 2 U.S. automaker Ford Motor Co......»»
Hyundai Motor eyes thrust on electric vehicles in $52 billion investment plan
Hyundai Motor plans to invest about 61.1 trillion won ($51.81 billion) between 2020 and 2025, the company said on Wednesday, with a third of the expenditure focused on electric and autonomous vehicles, but analysts want to see it deliver......»»
Electric vehicles are a tiny piece of the global car market, but Volkswagen is making a huge bet on them. It doesn’t have a choice.
Volkswagen No automaker that makes gas-powered cars has announced electric-vehicle investment plans as ambitious as Volkwagen's. By 2023, Volkswagen says it will spend over $30 billion on e.....»»
Hedge Fund and Insider Trading News: Marc Lasry, Carlson Capital, Citadel Investment Group, Elliott Management, Safehold Inc (SAFE), Blucora Inc (BCOR), and More
Citadel Puts Clout Behind Effort to Safeguard U.S. Treasuries (Bloomberg) Ken Griffin’s $32 billion hedge fund is backing efforts to make .....»»
Applied Materials to buy Japan"s Kokusai to boost memory business
U.S. chip gear maker Applied Materials Inc on Monday agreed to buy Japan's Kokusai Electric for $2.2 billion in cash from investment firm KKR & Co Inc , as it bets on rising demand for memory chips......»»
‘Burning Money’ or Seizing the Future? Inside Germany’s Bid to Beat China at Building Batteries
Amid the electric car revolution, it's throwing €1 billion at an effort to become a home-grown battery powerhouse. The German government has placed a big bet on batteries as a key to the country’s industrial future. The autom.....»»