Porsche to set up joint venture with German battery maker
FRANKFURT, June 20 (Reuters) - Volkswagen's (VOWG_p.DE) luxury sports car unit Porsche AG is setting up a joint venture with Customcells to produce high-performance batteries that will significantly reduce...
Biden gives Japan automakers cold shoulder on EV targets
PALO ALTO, California — President Joe Biden announced on Thursday that by 2030, half of all new automobiles sold in the United States will be zero-emissions vehicles, effectively shutting...
Air taxi maker Archer seeks $1 billion in damages from Boeing-backed rival
CHICAGO, Aug 11 (Reuters) - Flying taxi developer Archer Aviation is seeking $1 billion in damages from Wisk Aero, a rival backed by Boeing (BA.N) and Google co-founder Larry...
Tesla announces humanoid robot for 2022, Elon Musk claims
Elon Musk showed off his latest project Thursday night: a sleek white and shiny humanoid robot, sized a bit smaller than the average man, engineered to perform “dangerous, repetitive,...
Federal Trade Commission Refiles Suit Accusing Facebook Of Illegal Monopoly
The Federal Trade Commission is taking another swing at Facebook after a judge tossed out its initial effort in June, with a new complaint accusing the social media giant of illegally...
Alibaba sets up harassment hotline as rape probe nears end
The e-commerce giant launched an investigation when an Alibaba employee accused her manager of sexually assaulting her after a night of heavy drinking while on a business trip in...
