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Toyota is set to establish a new electric vehicle plant in Shanghai by 2027, focusing on Lexus, marking its independent entry into China's booming EV market.
Chinese automakers see reduced EV market share in Europe due to new tariffs. Discover the challenges and shifting dynamics in global car trade.
Nvidia's stock continues to impress with record-breaking momentum despite recent declines, driven by high AI chip demand and strategic growth plans.
Hedge funds are significantly boosting their bullish positions on US crude oil amidst global supply concerns and economic policies from China, affecting market dynamics.
Nio launches Firefly, a budget-friendly EV brand positioned to compete with BMW and Mercedes, offering innovative features in the competitive Chinese market.
Stellantis cancels 1,100 job cuts at its Ohio Jeep plant, choosing retraining over layoffs to improve efficiency.
U.S. data centers are projected to drastically increase power demand due to AI growth, potentially consuming up to 12% of national electricity by 2028.
Volkswagen and its works council finalize a provisional deal on cost-cutting to enhance competitiveness and sustainability, avoiding drastic factory cuts.
Stellantis prolongs the production stop of the electric Fiat 500 at its Mirafiori plant due to continued low demand for EVs in Europe, impacting production till January 20.
Discover how Chinese investments are propelling European battery ventures, with InoBat and Gotion leading the charge in the EV market transformation.
Tencent and Honor have entered a strategic alliance to advance cloud and AI innovation, enhancing their tech industry positions.
Global oil prices see a decline due to forecasts of reduced demand in China, coupled with economic and geopolitical factors affecting the market.
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