Freedom of Mobility Forum Publishes Key Takeaways From Inaugural Live Debate
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- Wall St indexes advance with boost from chips, Iran optimism
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- SanDisk and Micron surge as Apple confirms memory price pass-through
- Zelenskiy: best guarantee of Europe's future is fast-track EU membership for Ukraine
- Needham Starts NeoVolta (NEOV) at Buy
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
Stellantis (STLA) considers expanding Peugeot e-208 production in Spain despite pressure from France
April 13, 2023 2:34 PM EDTBloomberg reports Thursday, citing people familiar with the situation, that automaker Stellantis (NASDAQ: STLA) is leaning toward expanding production of its Peugeot e-208 electric vehicle in Spain despite pressure from the French government to add output in France.
Finance Minister Bruno Le Maire would like Stellantis to build the compact model locally in France and has been... More
Brazilian Government offer fresh perks for a BYD plant as Ford talks stall
April 13, 2023 1:41 PM EDTIn February, the Brazilian government opened negotiations with electric automaker BYD in the hopes of reopening a factory that belonged to Ford (NYSE: F) in Camacari. Ford ended activities at the Camacari industrial complex in January 2021 following 20 years of operations.
However, as talks have stalled, a story from Reuters, citing unnamed sources, reports Thursday that... More
Stellantis (STLA) supplier SVolt plans European expansion to five battery plants
April 13, 2023 8:09 AM EDTBloomberg reports Thursday that Chinese battery maker SVolt Energy Technology Co. is set to expand its footprint in Europe to as many as five factories.
Asian companies dominate battery-making in Europe. Data shows some 44% of planned battery capacity in Europe by 2030 is expected from Asian companies, with Chinese battery giant CATL on top of the list.
SVolt already has two locations in Germany with one facility set to start supplying Stellantis (NASDAQ:... More
