ABB readies electric vehicle charger business for $3 billion IPO next year – sources

ABB readies electric vehicle charger business for $3 billion IPO next year – sources The logo of Swiss power technology and automation group ABB is…

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Analysis: Canadian aero suppliers face labor crunch as travel rebounds

Analysis: Canadian aero suppliers face labor crunch as travel rebounds MONTREAL, June 28 (Reuters) – Canadian aerospace firms are struggling to hire back workers to…

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Biden’s EV charging push boosts established automakers taking on Tesla

Biden’s EV charging push boosts established automakers taking on Tesla An electric vehicle (EV) fast charging station is seen in the parking lot of a…

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Supply constraints to slow U.S. auto sales growth in June – J.D. Power, LMC Automotive

Supply constraints to slow U.S. auto sales growth in June – J.D. Power, LMC Automotive New cars are seen lined up next to the dock…

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EXCLUSIVE Toyota-backed self-driving startup Pony.ai considers going public

EXCLUSIVE Toyota-backed self-driving startup Pony.ai considers going public FREMONT, California, June 25 (Reuters) – Self-driving tech company Pony.ai, backed by Toyota Motor Corp (7203.T), is…

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Volvo’s electric XC90 SUV to include lidar as standard equipment next year

Volvo’s electric XC90 SUV to include lidar as standard equipment next year DETROIT, June 24 (Reuters) – Volvo Cars plans to make lidar sensors standard…

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Siemens raises growth target with digital drive

Siemens raises growth target with digital drive New CEO of German industrial conglomerate Siemens, Roland Busch delivers his speech during the virtual annual shareholders meeting…

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Factbox: Money, money, money: the cost of Tokyo’s pandemic-delayed Games

Factbox: Money, money, money: the cost of Tokyo’s pandemic-delayed Games The logo of Tokyo 2020 Olympic Games that have been postponed to 2021 due to…

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