IFC, a member of the World Bank Group, on Friday said it is providing USD 20 million (about Rs 170 crore) equity investment ...

IFC invests $20 million in Transvolt to scale EV production, create jobs, and support India's clean mobility goals.

Faraday Future (yes, that one) is still kicking and showed off an electric MPV with some unique features tonight. Will they ...

More than 260 employees in Irvine were given the choice to work in Long Beach or Michigan – or quit the company.

In the first tangible inroads Elon Musk has sought for years in India, Starlink passed a final regulatory hurdle and Tesla ...

Electric vehicle maker Volcon announced that it would purchase about $470 million in Bitcoin, adding to the list of corporate ...

China has put export restrictions on technologies critical for producing electric vehicle batteries, in a move to consolidate its dominance in the sector that has contributed to the country’s lead in ...

Stellantis is officially ending its hydrogen push but its $6 billion engine weapon is a massive investment in advanced bio-hybrid and flex-fuel technology.

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...

The new robotaxi service is expected to launch in "a major U.S. city" later next year, the companies said. As part of the deal, Uber (UBER) would also invest in Lucid (LCID), whose main backer is ...

Snap-on provides premium tools to vehicle repair shops and industrial customers. We believe it will continue to be the top player in the tool industry. The firm benefits from a strong brand reputation ...

The partnership will combine Uber's ride-sharing platform with Lucid's new electric SUV, the Gravity, and Nuro's autonomous ...