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Satellite maker Muon Space valued at $1.5 billion, source says
3+ week, 3+ day ago (324+ words) Aug 20 (Reuters) – Satellite-constellation developer Muon Space has raised $250 million in a Series C funding round as it looks to expand manufacturing capacity amid rising demand for space-based infrastructure. The company was valued at $1.5 billion in the round, a source familiar…...
BYD’s sales extend growth streak on strong exports
1+ week, 5+ day ago (239+ words) BEIJING, Sept 1 (Reuters) – Chinese electric vehicle maker BYD reported rising global sales for the fourth straight month, as robust exports continued to cushion the impact of sluggish domestic demand. Total sales climbed 17.8% from a year earlier to 440,293 vehicles in August,…...
Amazon’s Zoox, Alphabet’s Waymo expand robotaxi services to more US cities
1+ week, 4+ day ago (205+ words) Sept 1 (Reuters) – Amazon’s Zoox and Alphabet’s Waymo on Tuesday separately announced expansions of their driverless ride-hailing operations into new U.S. cities, weeks after Zoox started paid services. Zoox said it would begin testing in Houston and San Diego, bringing…...
Explainer-What is Radiant World and why is it in the news?
2+ week, 2+ day ago (575+ words) LONDON, Aug 28 (Reuters) – Commodity trader Radiant World is under scrutiny as counterparties have stopped doing business with it following news that authorities are investigating a report it provided invalid documents to banks. Radiant has called the claims inaccurate and unsubstantiated,…...
BYD targets more than 2.5 million vehicle exports in 2027, brokerages say
5+ day, 8+ hour ago (258+ words) BEIJING, Sept 8 (Reuters) – Chinese electric vehicle maker BYD expects overseas shipments to exceed 2.5 million vehicles in 2027, two major brokerages said on Tuesday, citing a group meeting with company management. BYD did not immediately respond to a request for comment. • The…...
Analysis-Musk pushes regulatory limits with Tesla’s Cybercab robotaxi service
1+ week, 2+ day ago (781+ words) SAN FRANCISCO, Sept 4 (Reuters) – Tesla’s race to deploy Cybercab robotaxis will put regulatory limits to the test as the EV maker begins rides in the sporty, two-seaters that run without a steering wheel, pedals or mirrors. Just hours after an…...
Gov. Evers, WisDOT Announce Grants to Support 42 NEW Electric Vehicle Charging Stations Across Wisconsin
4+ day, 4+ hour ago (216+ words) Kwik Trip #1281 near I-43 Kwik Trip #1197 near US-151 AmericInn by Wyndham Boscobel near US-61 Country Inn & Suites by Radisson – Milwaukee North near WI-100 Best Western Stanton Inn near US-10 Kwik Trip #1979 near WI-21 Best Western Dodgeville Inn & Suites near US-18 Eagle…...
Ferrari’s bespoke Luce EV one-off fetches $40 million at charity auction
3+ week, 6+ day ago (249+ words) MILAN, Aug 17 (Reuters) – Ferrari has sold at auction a one-off, bespoke version of the Luce, its first fully electric vehicle, for $40 million, the Italian luxury sports car maker said, adding that the money will be used for education projects to…...
Italy’s Intesa Sanpaolo holds stake in SpaceX worth nearly $1 billion in second quarter
3+ week, 6+ day ago (112+ words) MILAN, Aug 17 (Reuters) – Italy’s biggest bank Intesa Sanpaolo held a stake worth about $966 million in Elon Musk’s SpaceX as of June 30, an SEC filing showed. • Intesa held nearly 5.66 million shares in the rocket and satellite company at the end of…...
EU to give Greenland a cash boost amid Trump annexation drive
6+ day, 17+ hour ago (447+ words) NUUK, Sept 6 (Reuters) – European Commission President Ursula von der Leyen is expected to unveil on Monday a boost in EU investments in Greenland and closer political ties with the Danish Arctic territory, which Donald Trump has insisted should belong to…...