US inflation data, stocks, earnings
Stocks on the move: Tesco gains 5%, Ocado dips 2.5% Shares of Tesco rose 5% in afternoon deals as investors digested strong full-year earnings from the U.K. supermarket chain. Meantime,…
EV euphoria is dead. Automakers trumpet consumer choice in U.S.
Although consumer demand for EVs hasn’t shown up in the way executives had expected, sales of the vehicles are still predicted to increase in the years to come. Andrew Merry…
Automakers tout software, driverless tech to take on Tesla and China
Amazon was among a number of technology companies at the IAA motor show in Munich. The presence of Amazon, Qualcomm, Samsung and other tech giants underscores how traditional automakers are…
Cars on display at IAA motor show
German Chancellor Olaf Scholz (SPD,l.), and Ola Källenius, Chairman of the Board of Management of Mercedes-Benz AG, visit the Mercedes stand during the opening of the IAA. Sven Hoppe |…
Swedish EV maker Polestar plans own smartphone launch in China
A Polestar 4 electric SUV is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center (Shanghai) on April 18, 2023 in Shanghai,…
China’s electric carmakers BYD, Xpeng ramp up push overseas
BYD launched the BYD Seal in Europe at the IAA auto show in Munich, Germany. The electric sedan has a starting price of 44,900 euros ($48,479). Arjun Kharpal | CNBC…
BMW, Mercedes reveal electric concept cars: Specs, features, details
The Mercedes-Benz Concept CLA Class was unveiled at IAA Mobility 2023 in Munich, Germany. The platform will underpin the German automaker’s push into electric cars. Mercedes-Benz Mercedes-Benz and BMW took…
BMW, Mercedes launch biggest electric vehicle push yet to catch Tesla
BMW took the wraps of the Vision Neue Klasse electric vehicle at the IAA motor show in Munich, Germany. It underpins BMW’s big push into electric vehicles. BMW MUNICH, Germany…
Buy these ‘compelling’ stocks from AI to electric vehicles
Analysts at Goldman Sachs named five stocks to play themes including artificial intelligence, electric vehicles and energy-efficiency, with two on its conviction list: Mercedes-Benz and Daikin Industries . Its picks…
EV maker VinFast is now worth more than the likes of Ford and GM
BANGKOK, THAILAND – 2023/05/18: VinFast displays its vehicles at Future Energy Asia Exhibition 2023 at Queen Sirikit National Convention Center. Nathalie Jamois | Lightrocket | Getty Images VinFast’s shares jumped…