Hyundai has confirmed that it joined the race to build a new small electric car for less than $20,000. However, it sounds like only European markets might get access to it. One of the biggest complaints about electric vehicles remains their prices. They are unattainable for most consumers, even with subsidies. To be fair, most
Environment
Ursula von der Leyen, president of the European Commission, said that it is likely that Russia will end its gas supplies to Europe. Bloomberg | Bloomberg | Getty Images European countries are being asked to curb their consumption of natural gas by at least 15% until next spring, as part of a wider plan to
Wall Street analysts issued a slew of notes on the energy sector Tuesday morning, as many companies in the oil and gas industry are slated to release second-quarter earnings in the coming weeks. In this piece, we’re going to provide a quick overview on what the analysts at Morgan Stanley, Mizuho Securities, Piper Sandler and
Prior to the release of its 2023 Taycan models this fall, Porsche has shared details about updates. For the fourth year of Taycan EVs, Porsche is delivering a slew of software improvements, which will eventually roll out to earlier versions too. Consumers can expect a few hardware upgrades as well, but not many. The Porsche
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. Apple to slow down hiring — what this means for the market 2. JNJ earnings: business is still very strong 3. Halliburton reports better-than-expected earnings 4. Quick mentions: PXD,
GAF Energy, the sister company of GAF, the largest roofing and waterproofing company in North America, will build a 450,000-square-foot manufacturing facility in Georgetown, Texas, to meet growing demand for its “world’s first” nailable solar shingle, the Timberline Solar Energy Shingle, which launched in January. The new factory, which will be GAF Energy’s second, will
In this article UN01-DE .IMOEX Russia’s energy giant Gazprom has said it cannot fulfil its gas contracts with Europe. Bloomberg | Bloomberg | Getty Images LONDON — Russia’s energy giant is threatening to send less gas to Europe — but Germany, one of its main importers, has rejected the idea. Majority state-owned Gazprom said Monday
Hyundai Motor Group and Rolls-Royce Holdings have announced the mutual signing of a Memorandum of Understanding to work together to integrate all-electric propulsion into the Advanced Air Mobility (AAM) market. The parties look to combine Rolls-Royce’s expertise in aviation with Hyundai’s BEV and hydrogen fuel cell technology to develop and certify zero-emission vehicles for urban
In this article GE People visit the General Electric stand during the China International Import Expo (CIIE) at the National Exhibition and Convention Center on November 7, 2018 in Shanghai, China. VCG | Getty Images General Electric on Monday revealed the names of the three distinct companies that will result from the conglomerate’s historic split: