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Zeekr, which publicly filed a prospectus this month to float shares in New York, has aimed to maintain the valuation of USD 13 billion it achieved in a private fundraising exercise in February, two of the sources said.
Four years after startling the car world with designs for the Cybertruck, Elon Musk is set Thursday to mark the arrival of Tesla's iconoclastic take on the American pickup. Musk has scheduled an event at Tesla's Austin headquarters to mark the first deliveries to customers of the Cybertruck, whose design to some has evoked a futuristic, sometimes dystopian future akin to "Blade Runner" or "Mad Max."
Workers United claimed that within days of announcing a union campaign earlier this year, Tesla fired dozens of workers from its Autopilot department. Tesla has said the firings were based on performance reviews and not tied to union activity.
Electric carmaker Tesla on Monday filed a lawsuit against the Swedish state over a strike by postal workers blocking deliveries of license plates for its new cars -- and received a first favourable decision the same day. There was some good news for Tesla late Monday when the transport agency said it had received a "provisional" court ruling requiring it to agree, within seven days, to Tesla collecting its number plates directly from the plate manufacturer.
Sodium-based Technology In Batteries: 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 Sweden's Northvolt AB and China's BYD Co. signing a deal for a $1.4 billion sodium-ion battery plant, suggest a growing interest in sodium technology.