Advertisements


We are Sorry, This Page doesn't Exist


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.....»»

Category: blogSource: benzingaApr 25th, 2024

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.....»»

Category: topSource: chicagotribuneFeb 8th, 2021

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......»»

Category: topSource: marketwatchFeb 4th, 2021

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.....»»

Category: topSource: businessinsiderFeb 4th, 2021

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.....»»

Category: personnelSource: nytJan 23rd, 2021

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.....»»

Category: dealsSource: nytJan 23rd, 2021

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.....»»

Category: blogSource: benzingaJan 21st, 2021

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.....»»

Category: blogSource: benzingaDec 30th, 2020

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......»»

Category: topSource: moneycentralFeb 18th, 2020

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.....»»

Category: topSource: bizjournalsJan 27th, 2020

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......»»

Category: blogSource: 247wallstJan 27th, 2020

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).....»»

Category: blogSource: zerohedgeDec 24th, 2019

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......»»

Category: videoSource: reutersDec 23rd, 2019

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 .....»»

Category: topSource: bizjournalsDec 23rd, 2019

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......»»

Category: topSource: reutersDec 23rd, 2019

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......»»

Category: topSource: reutersDec 4th, 2019

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.....»»

Category: topSource: businessinsiderNov 7th, 2019

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 .....»»

Category: topSource: insidermonkeyJul 20th, 2019

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......»»

Category: topSource: reutersJul 1st, 2019

‘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.....»»

Category: europeSource: fortuneApr 7th, 2019