Automotive
Volvo Shifts Production of Chinese-Made EVs to Belgium Amid EU Crackdown Concerns
Volvo is relocating the production of its Chinese-made electric vehicles to Belgium in anticipation of potential EU tariffs on Beijing-subsidized imports, thereby avoiding the need to halt sales of these EVs in Europe.
Tesla Slams Laywers Demanding $5.6 Billion Payout for Voiding Elon Musk's Multibillion Dollar Pay Package
Tesla is objecting to a $5.6 billion legal fee requested by the legal team that voided Tesla CEO Elon Musk's $56 billion pay package.
Kia Recalls 2020-2024 Telluride SUVs, Tells Drivers to Park Cars Outside due to Fire Risk
Kia America issued a recall of 463,000 of its Telluride vehicles due to an overheat issue involving a stuck slide knob causing overheat in the front power seat motor, which could lead to a fire hazard.
Tesla CEO Elon Musk $56 Billion Pay Package Gets Support From Billionaire Investor Ron Baron
Billionaire investor Ron Baron, a major Tesla shareholder, has backed Elon Musk's $56 billion pay package.