Recent Posts

Tesla on track for swift Berlin plant completion

Bloomberg Tesla Inc. could be on track to complete its new plant near Berlin more quickly than its Shanghai facility, according to a local government minister. The US carmaker has said it wants to finish the factory in Gruenheide by the middle of 2021, and faster than the Chinese operation, which went up in less than a year. The German ...

Read More »

BMW X5 to get hydrogen fuel cell by 2022

Bloomberg BMW AG will make a version of its X5 SUV that runs on hydrogen fuel-cells, part of the carmaker’s plan of producing as many drive variants as possible until one technology proves dominant. The i Hydrogen NEXT will get a limited production run starting in 2022, the German manufacturer said in a statement. Toyota Motor Corp. will supply the ...

Read More »

Google is missing out on Covid e-commerce revolution

Bloomberg The Covid-19 pandemic is fuelling an e-commerce boom as shuttered businesses move online — but Google isn’t benefiting in way its big tech rivals are. Google advertising sales fell 8% in second quarter, causing overall revenue at parent Alphabet Inc. to shrink for first time. The company’s main digital ad rival Facebook Inc. saw sales jump 11%, while Amazon.com ...

Read More »
Send this to a friend