Bloomberg Volkswagen AG’s Audi is expanding its partnership with Chinese manufacturer FAW as the German premium brand seeks to build more battery-powered cars geared to customers in its largest market. Audi and FAW signed a memorandum of understanding to start a company that will produce electric cars for the Chinese market from 2024, Audi said in a statement. The new ...

Bloomberg Microsoft Corp. joined the growing ranks of tech giants allowing some of its employees to work from home permanently if they wish. The software maker has instituted a “hybrid workplace” to give employees greater flexibility once its offices in the US reopen, the company said in a blog post. Microsoft said it’s letting any of its employees work from ...

Bloomberg Sales of electric vehicles in Europe are growing at such a pace that the continent looks increasingly likely to outpace China in the near future. That’s one of the findings of a report by London-based automotive research firm Jato Dynamics. However, it found that Europe and the US still have a few things to learn from China, the world’s ...