Dossier
electric vehicle sales
Coverage of electric vehicle sales in the Nexus archive.
- Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
Global markets declined as the Federal Reserve signaled three rate hikes this year, causing a $400 billion loss for SpaceX stock. Tensions in the Strait of Hormuz and increased electric vehicle sales linked to the Iran war were also highlighted.
- GM bets on homegrown battery tech to challenge Chinese dominance
General Motors is investing in homegrown battery technology to challenge Chinese dominance in the market. US carmakers are shifting focus to energy storage batteries for AI applications to counter weak electric vehicle sales.