Tag: electric vehicle market

Industries, Manufacturing

Biden bill includes boost for union-made electric vehicles

November 11, 2021

Via: ABC News

President Joe Biden and Democrats in Congress are looking to give U.S. automakers with union employees the inside track on the burgeoning electric vehicle market, triggering vocal opposition from foreign trade partners and Republicans who worry that manufacturers in their […]

Industries, Manufacturing

With high-profile backers, EV startup Rivian goes public

November 10, 2021

Via: ABC News

Shares in Rivian Automotive are set to trade publicly Wednesday, and the world should get a better idea of just how hot investors are for the electric vehicle market. Rivian, the EV startup backed by Amazon and Ford, raised at […]

Enterprise, Industries, Manufacturing

Daimler CEO expects ‘intense competition’ if Apple and Alibaba enter electric vehicle market

April 15, 2021


The chief executive of Germany’s Daimler believes the automaker will face stiff opposition from tech giants like Google, Apple and Alibaba if they decide to launch their own electric vehicles. While the tech giants are yet to start selling their […]

Industries, Manufacturing

Shares in China’s Tesla rival Nio soar more than 75% in a day

September 14, 2018

Via: CNN

Shares in the Shanghai-based rival to Tesla (TSLA) jumped a staggering 76% in New York on Thursday. At one point in the day, the stock was up 92%. The spectacular leap is remarkable after Nio (NIO) had to scale back […]