USD 24.47 Billion Growth expected in Electric Car Chargers Market by 2025 | 1,200+ Sourcing and Procurement Report | SpendEdge
NEW YORK, Oct. 6, 2021 /PRNewswire/ — The Electric Car Chargers will grow at a CAGR of 25.62% by 2025. This report offers key advisory and intelligence to help buyers identify and shortlist the most suitable suppliers for their Electric Car…
Rivian Details $1 Billion Loss, Amazon Deal in IPO Filing
(Bloomberg) — Rivian Automotive Inc., the maker of electric pickups backed by Amazon.com Inc., disclosed a net loss of almost $1 billion in the first half of the year in its initial public offering paperwork. Most Read from Bloomberg The Irvine,…
Evergrande’s EV Unit Plunges, Taking Losses Past $84 Billion
(Bloomberg) — China Evergrande Group’s electric-car unit plunged in Hong Kong trading after it warned of a “serious shortage of funds,” taking its losses in market value from an April peak past $84 billion. Most Read from Bloomberg Shares of China…
Ford jolts auto industry with $11 billion investment in electric vehicles [Video]
The Ford Motor Co. gave the auto industry a jolt Monday with word that it plans to spend $11.4 billion on new production sites in Tennessee and Kentucky where it plans to build electric pickup trucks and cars — and the batteries to power them — on a…
Leonardo DiCaprio-Backed Electric Automaker Polestar Valued At $20 Billion In SPAC Deal
Polestar, the electric vehicle company backed by Volvo of Sweden and Leonardo DiCaprio was valued at $20 billion in a SPAC deal that will take it public. The company, founded in 2017 by Volvo Cars and Chinese automotice group Zhejiang Geely Holding, has…
Ford boosts electric vehicle industry with $11.4 billion investment
The Ford Motor Co. gave the auto industry a jolt Monday with word that it plans to spend $11.4 billion on new production sites in Tennessee and Kentucky where it plans to build electric pickup trucks and cars — and the batteries to power them — on a…
Ford to build $11.4 billion mega campuses for electric car production [Video]
Saying Ford is driving head on into a future of electric vehicles may be an understatement. Think more along the line of hauling a-–. The Detroit-based auto giant said Monday it will partner with SK Innovation to invest $11.4 billion to construct two…
Huawei Smartphone Revenue to Fall at Least $30-40 Billion in 2021 Chairman | Technology News
SHENZHEN, China (Reuters) -China’s Huawei Technologies will see revenue from its smartphone business drop by at least $30-40 billion in 2021, with new growth streams unlikely to make up the shortfall in the next few years, chairman Eric Xu said.…
Mailchimp Employees Are Fuming Over $12 Billion Deal
Welcome back to Insider Weekly. I’m Matt Turner, co-editor in chief of business. Regular readers might notice a few subtle changes to this newsletter. The goal: To take you inside some of the top stories of the past week, and connect you with the…
Fake job scams cost victims $2 billion per year, BBB says
“All we need from you is good work and trust, you will enjoy every moment working with us.” That was the fake job scammers’ promise, according to nonprofit watchdog Better Business Bureau. The scammers were offering $22 per hour, $18…