Shanshan receives investment from CATL, BYD
China-based lithium battery material supplier Shanshan listed top Chinese battery manufacturer CATL, BYD, and CNPC Kunlun Capital as stakeholders earlier this month, public information shows......»»
Evercore tells investors not to abandon Apple
Investment firm Evercore says Apple is facing weakening demand and strong competition from AI rivals, but investors should stick with it for the long term.Apple ParkEvercore tends to be positive about Apple. It remains that way mostly because of cont.....»»
Stellantis joins Toyota, GM, VW with $6 billion commitment in Brazil
The investment, announced shortly after a meeting between company executives and President Luiz Inacio Lula da Silva, comes as the government tries to reignite the country's industry......»»
Toyota plans to build hybrid flex vehicle in Brazil, confirms $2 billion investment
The automaker said it plans to build a new hybrid flex vehicle by 2025, and a car designed for the Brazilian market, without confirming a date......»»
Wedbush: AI & pent-up iPhone 16 demand outweigh concerns over China sales
In a note seen by AppleInsider, investment firm Wedbush has told its clients that it is maintaining its price target for Apple, despite what it describes as a horror show of current problems.Tim Cook at a game tournament in Apple Taikoo Li, Chengdu W.....»»
JP Morgan: Apple"s China problems are increasing, but recovery expected
Analysts from investment firm JP Morgan reports believe that the decline in Apple's iPhone sales in China is accelerating, but Services could change that.Apple's iPhone 15Using Counterpoint Research's data about the first six weeks of 2024, JP Morgan.....»»
GM receives $26M in federal funding for hydrogen fuel cell medium-duty trucks
GM said it will work with Southern Co., an electric and gas utility company in the southeastern U.S., to deploy a hydrogen fuel cell-powered medium-duty truck at work sites in Georgia......»»
Nissan joins EV price war, discounts 2024 Ariya 8-10%
The 2024 Nissan Ariya receives a $3,600 to $6,000 price cut depending on trim level......»»
E.U. Watchdog to Examine Microsoft’s Mistral AI Investment
A European Commission spokesperson said that regulators will analyze Microsoft’s investment into Mistral AI. Microsoft Corp.’s Mistral AI investment is set to be analyzed by the European Union’s competition watchdog.....»»
Nissan, Fisker in advanced talks on investment, partnership, report says
Terms being discussed include Nissan investing more than $400 million in Fisker's truck platform and building Fisker's planned Alaska pickup starting in 2026 at one of its U.S. assembly plants......»»
Fisker raises "substantial doubt" as a going concern after $463 million Q4 net loss; 15% work force cut planned
Fisker said it has entered negotiations with a "large automaker" for a potential investment, joint development of one or more electric vehicle platforms, and North America manufacturing. Fisker didn't name the automaker......»»
Toyota"s Ted Ogawa: Better to buy credits than ‘waste" EV investment
In an exclusive interview, Toyota Motor North America CEO Ted Ogawa says U.S. EV demand in 2030 is expected to only be 30 percent of the market, not more than half as the EPA has proposed......»»
Fisker raises "substantial doubt" as a going concern after $463 million Q4 net loss; 15% workforce cut planned
Fisker said it has entered negotiations with a "large automaker" for a potential investment, joint development of one or more electric vehicle platforms, and North America manufacturing. Fisker didn't name the automaker......»»
Microsoft partners with OpenAI-rival Mistral for AI models, drawing EU scrutiny
15M euro investment comes as Microsoft hosts Mistral's GPT-4 alternatives on Azure. Enlarge (credit: Getty Images) On Monday, Microsoft announced plans to offer AI models from Mistral through its Azure cloud computing pl.....»»
Microsoft faces scrutiny from EU after partnership with OpenAI rival Mistral
15M euro investment comes as Microsoft hosts Mistral's GPT-4 alternatives on Azure. Enlarge (credit: Getty Images) On Monday, Microsoft announced plans to offer AI models from Mistral through its Azure cloud computing pl.....»»
Cancelling the Apple Car is a good move, says Morgan Stanley
Analysts at investment bank Morgan Stanley say that Apple was too far behind in the car market, and cancelling the Apple Car means it can put its resources to better use in AI.Siri AI should benefit from the cancellation of Apple CarWhile the apparen.....»»
EV battery parts supplier Addionics plans $400 million copper foil investment in U.S.
Battery components supplier Addionics said it will spend $400 million to open U.S. facilities as part of a plan to boost production of crucial components for electric vehicle batteries domestically......»»
Best bookshelf speakers of 2024: from passive to powered and for every budget
Wired or wireless, a nice pair of bookshelf speakers is a great investment you can make for your audio. Here are seven of our favorite pairings for 2024......»»
The best Samsung Galaxy S24 Plus cases in 2024: our 13 favorites
Did you purchase a Samsung Galaxy S24 Plus? Then you'll need to buy it a case to protect your investment. Here are some of our favorite cases......»»
92% of companies eyeing investment in AI-powered software
In 2024, buyers are increasingly focused on cost efficiency, AI functionality, and enhanced security, according to Gartner. The report reveals that 61% of buyers are seeking upgrades for more functionality in their recently purchased software. The ne.....»»
Auto technology supplier Aptiv slashes headcount 4%
Aptiv plc is reducing its headcount of salary and hourly workers in a restructuring move aimed at cutting overhead costs while increasing investment in advanced technologies......»»