Qualcomm, investment firm agree to buy Veoneer for $4.5B, trumping Magna
Veoneer will pay Magna a termination fee of U.S. $110 million.
Hummer EV is the model for GM developing vehicles faster
The timeline for the electric pickup, scheduled to go on sale this quarter, was only two years. Most vehicles require three to four years.
Volvo Cars to list on Stockholm exchange
Parent Geely will remain the brand’s biggest shareholder and the first day of trading is expected to be this year, Volvo said.
Polestar's SPAC deal fuels quick expansion
CEO Thomas Ingenlath can get more products to market faster, thanks to new SPAC deal.
Ford isn't waiting — it's all in on EVs
Instead of waiting to gauge consumer reaction with the electric F-150 next year, the automaker is set to invest billions into EV campuses.