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A new lawsuit against Lucid Motors has revealed that the California EV startup gave up majority ownership to Saudi Arabia in exchange for the Kingdom’s $1 billion investment. Lucid Motors took the deal in 2018 when it was strapped for cash, and it was announced weeks before the assassination of journalist Jamal Khashoggi.
Alstom announces that its Board of Directors has co-opted Philippe Petitcolin as an independent director to replace Jay Walder, who has resigned, for the remainder of his term of office, i.e. until...
On 12 March 2024, the Board of Directors of Alstom SA co-opted Mr. Philippe Petitcolin as independent Director to replace Mr. Jay Walder, who has resigned, for the remainder of the latter's term of...
High-speed transportation service Hyperloop One, once backed by billionaire Richard Branson's Virgin Group, is shutting operations on December 31.San Francisco, Dec 22 (IANS) High-speed transportation service Hyperloop One, once backed by ...
In 2013, Elon Musk published a white paper that teased the idea of zipping from Los Angeles to San Francisco in just 35 minutes through a vacuum-sealed