China Evergrande New Energy Vehicle Group's stock price doubled when trading restarted on Monday, May 27.
Automotive
Hyundai Faces Legal Action from US Over Child Labor Allegations
The US Department of Labor has filed a lawsuit against Hyundai Motor Co, an auto parts plant, and a labor recruiter in Alabama, alleging illegal use of child labor and seeking an order to relinquish any profits related to the exploitation.
Nissan Issues Urgent Warning to Stop Driving Older Vehicles Over Exploding Airbag Risk
Nissan urgently advises owners of approximately 84,000 older vehicles to avoid driving them due to the heightened risk of Takata airbag inflators exploding following a fatal incident and multiple injuries since 2015.
Elon Musk Tries to Woo Tesla Shareholders With Factory Tours as He Seeks Support for His $56 Billion Pay Package
Elon Musk is offering Tesla shareholders a tour of the company's Texas factory next month as he seeks support for his $56 billion compensation package.
Toyota Unveils Futuristic Engine Plans: Combining Traditional Combustion with Green Fuels
Toyota unveils plans to revolutionize the traditional internal combustion engine, integrating it with green fuels and electric motors in hybrids.
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As a company dedicated to making drones accessible to all organizations, Skyfarer emphasizes the transformative potential of drone technology in various industries. The company showcases drones' practical applications through case studies and real-world examples, highlighting its ability to solve complex logistical challenges.
Elon Musk stated that neither he nor Tesla were involved in President Joe Biden's decision to implement a 100% tariff on Chinese electric vehicles.
Nissan has decided to delay its plan to build new EVs at its factory in Canton, Mississippi. Nissan has decided to delay its plan to build new electric vehicles (EVs) at its factory in Canton, Mississippi, since EV sales are increasing slower than anticipated.
Elon Musk has confirmed his threat to Tesla shareholders that he will take AI and robotics products away from the company unless his demand for 25% ownership is met.
Investors are clashing over Elon Musk's $56 billion pay package, arguing it is not in Tesla's best interest as the company faces declining sales, slowing EV demand, and a 30% drop in stock price.
Electric Vehicles Are Three Times More Likely to Hit Urban Pedestrians Than Fuel Cars, Study Reveals
A BMJ study found electric vehicles are three times more likely to hit urban pedestrians and twice as likely in rural areas compared to petrol or diesel cars.
Tesla CEO Elon Musk has received a proposal from the government of Indonesia to put up an EV battery plant in the country.
VinFast is under federal investigation following a fatal crash in California involving its VF 8 electric vehicle that resulted in the deaths of a family of four.
The US Senate accuses BMW and other automakers of buying car components from a banned Chinese supplier. Here's what officials shared.
