Page 3 - Dev Maker News Today

The US-based car manufacturer run by billionaire Elon Musk delivered 484,507 vehicles in the fourth quarter of 2023, said a company filing -- up more than 11 percent from the previous quarter. But this increase was not enough to maintain Teslas crown as the worlds top battery electric vehicle producer and seller, as Chinese rival BYD reported sales on Monday of 526,409 for the same period.

News News: Suhas Rajkumar, Founder and CEO, Simple Energy, spoke at length about the ongoing speculations with TOI Auto and revealed the company's future plans,

Battery giants are exploring sodium-based technology as an alternative to lithium, signaling a potential shift in the energy storage industry. Sodium, more abundant and cheaper than lithium, has not been widely used due to the superior range and performance of lithium cells. However, recent breakthroughs, including Swedens Northvolt AB and Chinas BYD Co. signing a deal for a $1.4 billion sodium-ion battery plant, suggest a growing interest in sodium technology.

Piyush Goyal visited Teslas factory in California, however, the expected meeting with CEO Elon Musk did not take place.

International Business News: Amazon.com has 10,000 Rivian electric delivery vehicles making routes across the US and Europe, the company said during a business presentation on Tue

Both Tork Motors and Bolt.Earth are part of the Bharat Charge Alliance to offer interoperable DC charging infrastructure for light electric vehicles, the company said.

VinFast, which is backed by Vietnams largest conglomerate Vingroup, is gearing up to strengthen its foothold overseas, including India.

Elon Musk withdrew a loan of $1 billion from SpaceX - the two-decade-old rocket company run by the billionaire -...

The last time a stock with a tiny free float rose from relative obscurity to the ranks of the worlds largest companies, it didnt end well. AMTD Digital Inc., another US-listed company with roots in Asia, soared more than 32,000% in the span of a few weeks. AMTD has since tumbled more than 99%, hitting a record low last week. Its valuation now stands at a humble $1.2 billion.

International Business News: An unprofitable electric vehicle maker has suddenly become the third most valuable auto manufacturer in the world, leaving the likes of General Motors