Category

Electric Car

Evergrande Signs Deal to Avoid Bond Default and More Asia Real Estate Headlines Electric Car

Evergrande Signs Deal to Avoid Bond Default and More Asia Real Estate Headlines

In today’s roundup of regional news headlines, China Evergrande reaches an agreement with onshore bondholders to avoid default, while the beleaguered developer’s electric car unit tries to boost morale by dishing out stock options to staff. In non-Evergrande news, China’s housing regulator is trying to end discount schemes amidst a…
bubmag
September 22, 2021
Tesla Reported No Changes in Digital Assets in Q2 But Recorded A Bitcoin-Related Impairment of $23 Million Electric Car

Tesla Reported No Changes in Digital Assets in Q2 But Recorded A Bitcoin-Related Impairment of $23 Million

Bitcoin News Tesla Reported No Changes in Digital Assets in Q2 But Recorded A Bitcoin-Related Impairment of $23 Million AnTyJuly 27, 2021Tesla has posted a bigger second-quarter profit than expected, and unlike the Q1, this time, there were no changes in digital assets. As the CEO of the electric car…
bubmag
August 14, 2021
Climate goals at risk if only the rich countries adopt electric cars Electric Car

Climate goals at risk if only the rich countries adopt electric cars

Europe’s plan to phase out combustion-engine vehicles has put the region at the forefront of climate protection. Yet without progress cleaning up poorer nations’ roads, it won’t be enough to keep global warming below dangerous levels. Take Nairobi, for example. The Kenyan capital’s vehicle fleet doubles every eight years and…
bubmag
July 31, 2021
Climate Goals at Risk If Only Rich Countries Adopt Electric Cars Electric Car

Climate Goals at Risk If Only Rich Countries Adopt Electric Cars

This advertisement has not loaded yet, but your article continues below. Author of the article: Bloomberg News Todd Gillespie, Christoph Rauwald and Eric Ombok Article content (Bloomberg) — Europe’s plan to phase out combustion-engine vehicles has put the region at the forefront of climate protection. Yet without progress cleaning up…
bubmag
July 31, 2021
Grand jury indicts Trevor Milton, founder of electric carmaker Nikola, on three counts of fraud Electric Car

Grand jury indicts Trevor Milton, founder of electric carmaker Nikola, on three counts of fraud

A federal grand jury charged Nikola founder Trevor Milton with three counts of criminal fraud for lying about "nearly all aspects of the business" to bolster stock sales of the electric vehicle start-up, according to an indictment unsealed Thursday. The U.S. Attorney's Office in Manhattan accused the 39-year-old billionaire, who…
bubmag
July 29, 2021