(MENAFN - AFP) Bitcoin has enjoyed a record-breaking week after electric carmaker Tesla and Wall Street finance giants sparked a goldrush for the world s most popular virtual currency, but bubble fears persist. Investors and mega-corporations alike have been wooed by dizzying growth and the opportunity for profit and asset diversification. The unit blasted past $50,000 on Tuesday following a week in which Tesla invested $1.5 billion in bitcoin and vowed customers could use it to buy vehicles and both New York bank BNY Mellon and credit card titan MasterCard announced plans to support bitcoin. The cryptocurrency then vaulted higher, topping $52,000 on Wednesday after investment fund giant BlackRock also confirmed a push into the booming sector.
China s Geely plans to set up a firm to explore new approaches to product planning, marketing and sales of electric vehicles , sources said, departing from industry convention whereby EVs are. | February 23, 2021
WASHINGTON (dpa-AFX) - Portland General Electric Co. (POR) reported Friday that its fourth-quarter net income was $52 million or $0.57 per share, lower than previous year's $61 million or $0.68
Benchmark Mineral Intelligence to appear before Canada’s House of Commons to speak on electric vehicle and battery supply chains
/EIN News/ London, Feb. 19, 2021 (GLOBE NEWSWIRE) Benchmark Mineral Intelligence has been invited to appear before the House of Commons of Canada on Monday, February 22 from 11am to 1pm (ET).
Simon Moores, Benchmark’s Managing Director, will be giving a 5 minute opening statement and will then join a discussion panel on Canada’s role in building a domestic and global lithium ion battery ecosystem as the world renews its push towards low carbon technologies.
A STATEMENT FROM THE HOUSE OF COMMONS OF CANADA SAID:
Los Angeles-based electric vehicle (EV) charging network operator EVgo said on Friday morning that it has scored a win in New Jersey, to install 30 new DC fast charging stalls in the state. According to EVgo, t