Panasonic needs four more EV battery plants, executive says
The battery arm of Japan’s Panasonic will need to build four more factories to reach its target for a sharp boost in annual capacity of batteries
Apple makes history as first $3 trillion company amid tech stock surge
Apple Inc became the first company in the world to reach a market value of $3 trillion, buoyed by hopes over its expansion in new markets coupled
Kentucky mandates Tesla’s charging plug for state-backed charging stations
Kentucky is requiring that electric vehicle charging companies include Tesla’s plug if they want to be part of a state program to electrify highways using
German alternative Mastodon gets boost from newly restricted Twitter
Turmoil at Twitter following new limits to the amount of posts users can see appears to be driving a surge in activity at Mastodon, a
Tesla’s blistering rally continues after quarterly deliveries beat
Tesla shares jumped 6% on Monday after better-than-expected quarterly deliveries showed that Chief Executive Elon Musk’s plan of boosting volumes through discounts was working. The leading
Rivian beats estimates for second-quarter EV deliveries
– Rivian Automotive on Monday beat Wall Street expectations for quarterly deliveries on stable demand for its electric vehicles, sending its shares up nearly 9% in
TSMC sending more workers to speed up building of new Arizona plant
Taiwanese chipmaker TSMC said on Thursday it is sending more workers from Taiwan to the U.S. state of Arizona to help build a massive $40 billion
Salesforce to invest $4 billion in UK on AI innovation
Salesforce will invest $4 billion in its UK business in the next five years, the U.S. software company said on Thursday, thanks to strong demand for
Apple stock hits record, on cusp of $3 trillion market value
Apple’s stock climbed to a record high close on Wednesday and was on the cusp of a $3 trillion market capitalization. The iPhone maker’s stock rose
Chip industry globalisation under threat, says chief of China’s YMTC
Geopolitics and the national security concerns of some countries are threatening the globalisation of the world’s chip industry and its future growth, the chairman and
