Tag: Autos
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GM eyes new battery chemistry to grow AI data center, energy storage business
GM is expanding efforts to capitalize on the expected growth of energy storage and data centers and the development of next-generation sodium-ion batteries.
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Rivian is betting on its R2 EV to turn the automaker into a household name like Tesla
The R2 SUV is meant to transform Rivian from a niche EV manufacturer that sells luxury vehicles into a more mainstream brand like U.S. EV leader Tesla.
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Chinese EVs may hit U.S. within a few years, one way or another
Chinese electric vehicles are likely to be sold in the U.S. within years, despite tariffs, strict laws and opposition from the auto industry and politicians.
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Google to pay SpaceX $920 million a month for compute capacity at xAI data centers
Ahead of a planned IPO, SpaceX inked a deal to rent compute capacity to Google for $920 million per month for 32 months.
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Elon Musk’s net worth poised to sail past $1 trillion in SpaceX IPO
Based on SpaceX’s updated IPO prospectus, Elon Musk owns shares in the company worth over $866 billion.
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Khanna and China committee press Blanche for report on Chinese manufacturing in U.S.
The Justice Department report on illegal Chinese labor in the U.S. auto industry was due in May.
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Tesla’s China-made EV sales jump nearly 40% in May as domestic market rebounds
Sales of Tesla’s China-made electric vehicles rose by nearly 40% in May amid a broader recovery in the country’s competitive market.
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