Factorial, the start-up, said the listing would provide money that would help it bring new solid-state batteries to market as soon as 2027.
Category: Electric and Hybrid Vehicles
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On British Roads, Chinese Cars Are Racing Ahead
BYD, Chery and other Chinese automakers are winning over drivers in Britain, where tariffs are low and buyers are open to new brands.
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Europe May Roll Back Combustion Engine Ban
A proposal to revise an E.U. law requiring carmakers to stop producing combustion engines by 2035 would offer some relief to automakers, but it sets back the region’s climate goals.
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Ford Will Take $19.5 Billion Hit as It Rolls Back E.V. Plans
Ford Motor said the costs come from its decision to make fewer electric vehicles than it had planned and more hybrids that use both gasoline engines and batteries.
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The Luxury Electric Vehicle Is in Trouble
Sales of expensive battery-powered cars like the Ford F-150 Lightning have stalled, forcing automakers to slow production and offer more affordable vehicles.
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Tesla Investors Back Musk’s Trillion Dollar Payday
Shareholders approved a plan to grant Mr. Musk shares worth nearly $1 trillion if he meets ambitious goals, including vastly expanding the company’s stock market valuation.
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Would Elon Musk Work Harder for $1 Trillion Than $1 Billion?
Economists and psychologists say that compensation may not provide as powerful an incentive as is often assumed.
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Control of Tesla Is at Stake in Vote on Elon Musk’s Pay Plan
Mr. Musk’s supporters say he may quit if shareholders don’t approve a trillion-dollar package. Some investors say it’s excessive and would give him too much sway.
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G.M. Will Cut 1,750 Jobs in Electric Vehicle Business
The layoffs at factories in Michigan, Ohio and Tennessee follow the elimination of a $7,500 federal tax credit for electric cars.
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Bette Midler on 30 Years of Planting Gardens, and Spooky Season
She’s been planting greenery in the city for 30 years through her charity — and still loves celebrating spooky season.