Keyword "TOPIC:RATI-TECHNOLOGY" - List of latest news (56 results)

15:32 Investors relieved Musk will refocus on Tesla, but worry about brand damage

Tesla investors breathed a sigh of relief after CEO Elon Musk said he would refocus his attention on the electric automaker, but that promise did not entirely dispel worries that his right-wing shift had irrevocably damaged the company's brand.

08:17 Exclusive: China EV giant BYD reboots Europe operations after strategic stumbles, sources say

China's leading EV maker BYD is overhauling its European operations after strategic missteps including failures to sign up enough dealers and hire executives with local-market knowledge and to offer hybrids in markets resistant to fully electric vehicles, six current and former BYD executives said.

07:41 Trade war and safety concerns take centre stage at Shanghai auto show

China's annual major auto shows have become a showcase for the rise of ever-cheaper, better-performing electric vehicles and more confident local brands in the world's biggest market for cars.

03:43 Musk says Tesla's Optimus humanoid robots affected by China's export curbs on rare earths

Tesla CEO Elon Musk said on Tuesday that the production of its Optimus humanoid robots had been affected by China's export restrictions of rare earth magnets.

01:33 Tesla CEO Elon Musk dreams big but often delivers late

Tesla CEO and billionaire entrepreneur Elon Musk has a long history of making ambitious promises and often delivering late. Many of his biggest ideas are still in the works.

22:56 Tesla's first-quarter auto margin beats estimates, but revenue misses

Tesla reported better-than-expected profitability for its auto business in the first quarter but revenue fell short of expectations as sales of its electric vehicles dropped.

21:54 Democratic state treasurers raise concerns over Musk's lack of focus on Tesla

Treasurers of seven U.S. states have raised concerns about Tesla CEO Elon Musk's lack of focus on the electric vehicle maker, given its significance in regional industries, innovation and employment.

22/04 China's Nio delays Europe launch of Firefly EV to third quarter

China's Nio said on Tuesday it would launch its Firefly electric vehicle in Europe in the third quarter, later than initially forecast, after it underestimated challenges involved in sales and service network expansions in the region.

22/04 Tesla settles wrongful death lawsuit claiming sudden acceleration in Ohio crash

Elon Musk’s electric vehicle company Tesla has agreed to settle a wrongful death lawsuit filed by the estate of a man who was killed in 2021 after his Tesla crashed and caught fire near Dayton, Ohio.

21/04 China's CATL launches new sodium-ion battery brand

China's CATL on Monday launched a new brand for its sodium-ion batteries, Naxtra, which it said would go into mass production in December, and a second generation of its fast-charging battery for electric cars.

21/04 At China auto show, EV makers to grapple with autonomous-tech crackdown, launch Tesla 'killers'

More than 70 Chinese and international automotive brands will showcase more than 100 new or refreshed models at the Shanghai auto show this week, intensifying already cutthroat competition in the world's premier market for electric vehicles and hybrids.

19/04 Wall St Week Ahead Busy US earnings week confronts market grappling with tariff fallout

A heavy slate of U.S. company results in the coming week will test a stock market shaken by a U.S. trade policy overhaul that upended the outlook for the global economy and corporate America.

18/04 Exclusive: Tesla to delay US launch of affordable EV, a lower-cost Model Y, sources say

Tesla's much-awaited plans for an affordable car include a stripped-down version of its best-selling electric SUV, the Model Y, that will be made in the United States, but the production launch has been delayed, three sources with knowledge of the matter told Reuters.

18/04 Tesla speeds up odometers to avoid warranty repairs, US lawsuit claims

Tesla faces a proposed class action claiming it speeds up odometers on its electric vehicles so they fall out of warranty faster, saving Elon Musk's company from having to pay for repairs.

17/04 India's BluSmart, rival of Uber, suspends operations after co-founder probed

Indian electric cab service BluSmart, seen as a rival to Uber, suspended services on Thursday, days after a market regulator's investigation found a co-founder misused funds at an affiliate company and bought a luxury apartment with money allocated for electric vehicles.

16/04 Trump's trade war ripples through the business world, hits stocks again

The ripple effects of Donald Trump's global trade war are increasingly being felt across numerous industries all at once and on Wednesday were once again exerting pressure on U.S. stock markets that have been roiled for weeks by his erratic trade policies.

16/04 Tesla's quarterly EV registrations slump 15% in key market California

Tesla's electric-vehicle registrations in California dropped 15.1% during the first quarter, industry data showed, signaling an accelerated decline and growing challenges for the Elon Musk-led automaker in its biggest U.S. market.

16/04 Ferrari prepared for years for its first EV, chairman says

Ferrari has been preparing for years for electrification, starting with Formula One powertrains, as it nears the launch of its first fully electric (EV) model in October, Chairman John Elkann said on Wednesday.

16/04 Trump orders tariff probe on all US critical mineral imports

U.S. President Donald Trump on Tuesday ordered a probe into potential new tariffs on all U.S. critical minerals imports, a major escalation in his dispute with global trade partners and an attempt to directly rebuke industry leader China.

15/04 Canadian universities report jump in US applicants as Trump cuts funding

More students living in the United States are applying to Canadian universities or expressing interest in studying north of the border as U.S. President Donald Trump cuts federal funding to universities and revokes foreign student visas.

15/04 Exclusive: Nissan to cut Japanese production of top-selling US model due to tariffs, source says

Nissan will cut Japanese production of its top-selling U.S. model, the Rogue SUV, over May-July, said a person familiar with the matter, becoming the latest global automaker to alter manufacturing plans in response to new U.S. import tariffs.

12/04 Volkswagen's Scania buys bankrupt Northvolt's heavy industry battery packs unit

Volkswagen's truckmaker Scania said on Friday it had agreed to buy bankrupt Northvolt's division that makes battery packs for heavy industry, reviving a transaction first presented in February, for an undisclosed price.

12/04 Group of ex-OpenAI employees back Musk's lawsuit to halt OpenAI restructure

A dozen former OpenAI employees filed a legal brief on Friday backing co-founder Elon Musk's lawsuit aimed at keeping the non-profit status of OpenAI, marking the latest development in the dispute over the future of the artificial intelligence firm.

12/04 China expands access for Spanish pork as trade tensions with US mount

China has signed two agricultural trade protocols with Spain covering pork and cherries as the world's second largest economy acts to bolster ties with the European Union amid an escalating trade war between Beijing and the U.S.

11/04 Volvo Cars may take up to two years to expand US production to avoid tariffs, CEO tells daily DN

Sweden's Volvo Cars , which is controlled by Chinese auto maker Geely (GEELY.UL), will need up to two years to expand its U.S. car production in order to avoid hefty import tariffs, CEO Hakan Samuelsson told daily Dagens Nyheter (DN) on Friday.

11/04 GM to halt EV van production in Ontario to adjust for market demand

GM is temporarily halting production of its electric commercial van at its assembly plant in Ontario due to slow sales, the company and union representing workers there said.

11/04 Cybertrucks in the desert: Tesla launches in Saudi Arabia

Tesla launched operations in Saudi Arabia on Thursday, a sign that Chief Executive Elon Musk has patched up relations with the kingdom and that the oil capital was moving forward with an ambitious electric-vehicle policy.

10/04 Waymo to begin data collection in Tokyo with driver-operated test rides

Alphabet's self-driving unit Waymo said on Thursday it will start collecting data in Tokyo with test rides operated by human drivers next week, marking the first time the company will be using its cars on public roads outside the United States.

10/04 Trump tariff pause leaves CEOs asking: What happens in 90 days?

U.S. President Donald Trump's sudden about-face on sweeping import tariffs did little to soothe companies' worries about the fallout from his trade war and its chaotic implementation: soaring costs, falling orders and snarled supply chains.

10/04 Intel CEO Lip-Bu Tan's wide-ranging investments in China

The following are some key investments and their connections to Chinese state entities Lip-Bu Tan has made through Walden International, the San Francisco venture capital firm he founded in 1987, and two Hong Kong-based holding companies.

09/04 Magnificent Seven to add more than $1 trillion in value after Trump pauses some tariffs

The "Magnificent Seven" stocks were poised to gain more than $1 trillion in market value on Wednesday after U.S. President Donald Trump approved a 90-day tariff pause, easing pressure on tech giants that had tumbled in recent sessions.

09/04 Trump tariffs anxiety: Individual investors flood advisers with calls but stay in the market

Individual investors have been working the phones for advice in the wake of U.S. President Donald Trump's sweeping tariff announcements which have sparked fears of a recession. Among the most nervous are those approaching retirement, as the market slide wreaks havoc with portfolios.

08/04 Breakingviews - Texas market bulls run into ferocious bear case

Everything keeps getting bigger in Texas. In a sign of anticipated corporate growth, the New York Stock Exchange and Nasdaq are galloping to Dallas to prevent a new local stock market from wrangling their customers. The city has ambitions of becoming a far more powerful commercial hub, but for now there’s less substance than swagger.

08/04 Saudi's Ma'aden weighs foreign partner for minerals processing pact

Saudi Arabia's flagship mining company Ma'aden is considering choosing at least one of four foreign firms to form a rare earths processing partnership, three sources with knowledge of the matter said, as the kingdom bids to become a global critical minerals hub.

07/04 Tariff storm ravages Magnificent Seven as Apple nears one-year low

The "Magnificent Seven" stocks sank on Monday, extending a market rout that has wiped off around $2 trillion from their combined value as investors worry about the financial fallout of U.S. President Donald Trump's global tariff war.

04/04 Automakers provide stable pricing for now, but warn of future hikes

Automakers are offering deals to anxious customers to ride a short-term surge in shopping, while also warning lawmakers that they will have to raise prices dramatically if tariffs remain in place for long.

04/04 Tesla investors brace for another year of sales decline as Musk backlash grows

CEO Elon Musk pledged Tesla would return to growth this year after the company posted its first-ever sales decline in 2024. But the odds look stacked against him.

03/04 US tech, retail stocks lead rout after tariff shock

The global stock market carnage that followed U.S. President Donald Trump's sweeping new tariffs rippled through early trading in the United States, slamming a wide swath of key industries including retail and technology firms.

03/04 Trump's auto tariffs to cover $600 billion in imports, including laptop computers

U.S. President Donald Trump's 25% auto tariffs will cover nearly $600 billion worth of vehicles and auto parts imports annually and extend to all computer imports into the U.S. - including laptops - according to a Reuters analysis of tariff codes included in a federal register notice on Wednesday.

02/04 Musk will stay until he completes DOGE mission, White House says

The White House said on Wednesday that tech billionaire Elon Musk will stay on to complete his mission to slash government spending and downsize the federal workforce, dismissing media reports that he will leave the role soon.

02/04 Exclusive: India backs EV tariff cuts for Trump trade deal, defying autos lobby, sources say

India plans to lower import tariffs on electric cars, rejecting requests from local automakers to delay such cuts by four years, as New Delhi prioritises closing a trade deal with the United States, government and industry sources told Reuters.

02/04 Tesla set to report drop in Q1 deliveries on weak demand, Musk backlash

Wall Street is bracing for Tesla to report a drop in first-quarter vehicle deliveries on Wednesday, but analysts and investors cannot agree on how bad the decline would be.

02/04 Breakingviews - China's love of open-source AI may shut down fast

Following DeepSeek's release of its cutting-edge and free large language model early this year, Meta's chief artificial intelligence scientist Yann LeCun corrected those who surmised China is surpassing the United States in the technology. A correct reading, he said, is "open source models are surpassing proprietary ones". What's less clear, though, is how long China will flood the world with its

02/04 China to launch grid-connected car projects to balance power supply

China plans to launch pilot projects in nine cities that would use the country's growing fleet of electric vehicles as batteries to shore up power supply on the grid during spikes in demand, according to a government announcement on Wednesday.

01/04 US first-quarter auto sales get a lift from looming Trump tariffs

U.S. buyers snapped up more pickup trucks and sport-utility vehicles in the first quarter from a year earlier in the run-up to President Donald Trump's tariffs on auto imports, which could raise prices by thousands of dollars.

01/04 Tesla car sales in France, Sweden drop to lowest first-quarter in four years

Tesla's sales in France and Sweden fell year-on-year for a third consecutive month in March, contributing to the lowest first-quarterly sales figures in the two countries since 2021 for Elon Musk's electric car brand, data showed on Tuesday.

01/04 China's Xiaomi says it is cooperating with police after fatal EV accident

China's Xiaomi said on Tuesday that it was actively cooperating with police after a fatal accident involving a SU7 electric vehicle on March 29 and it had handed over driving and system data.

01/04 Breakingviews - Trump tariff liberation means endless complication

Donald Trump is calling it Liberation Day. The president claims prospective tariffs on trillions of dollars of U.S. imports, which he is preparing to reveal on Wednesday, will mark the moment that global trading partners stop taking advantage of the United States. In fact, the decision could kick off a series of retaliations and negotiations which will drag on for years. Trump’s devotion to using

31/03 Volvo goes back to car industry basics with surprise CEO switch

Volvo Car's abrupt decision to tap Hakan Samuelsson as its CEO puts the car industry veteran back in charge of steering the automaker through U.S. President Donald Trump's tariff turbulence and a wobbly transition to electric cars, analysts and investors said.

31/03 Northvolt bankruptcy trustee secures agreement for scaled-down operation

Northvolt's bankruptcy trustee said on Monday it had reached an agreement in principle with key stakeholders in the electric vehicle battery maker for financial guarantees allowing the company to maintain a scaled-down continuation of operations.

31/03 Dude, where's my car? Toyota buyers face long waits amid hybrid boom

Soaring demand for Toyota's gasoline-electric hybrids has left suppliers struggling to keep pace, leading to shortages of parts and months-long waits for car buyers, according to four people familiar with the situation.

31/03 Make Europe Great Again trades are gaining traction

A more independent, less U.S.-reliant Europe is taking shape and investors sense opportunities in a long-shunned region that go beyond just snapping up defence shares.

29/03 No longer 'poor but sexy?' Berlin's economic rise comes at a price

The Art House Tacheles used to be the epicentre of the alternative art and culture scene in Berlin, an impressive five-storey building in the heart of the capital dating back to 1908 and occupied by artists after the fall of the Berlin Wall.

28/03 China's Xi urges global CEOs to protect trade as Trump tariffs loom

China's President Xi Jinping urged a gathering of global CEOs on Friday to protect industrial and supply chains, as Beijing seeks to assuage foreign firms' concerns over the Chinese economy's health while Trump threatens further tariffs.

28/03 Toyota's global output rises for second month in February on solid Japan sales

Toyota Motor said on Friday its global production rose for the second consecutive month in February, driven by higher output and stronger sales in Japan after recovering from a certification scandal in its home market last year.

28/03 After years of survival, China's Huawei returns to revenue peak

China's Huawei is expected to claim triumph over U.S. sanctions at its upcoming annual results, bolstered by its software push, progress in chips and booming smart-driving technology business that has helped it move out of "survival mode".