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Hyundai plans to offer six EVs by 2028 to boost share in India

  Bloomberg Hyundai Motor Co will expand its lineup to six battery-electric vehicles in India by 2028, as the South Korean carmaker tries to seize first-mover advantage in the growing market. The vehicles will comprise different styles, including SUV, and will cater to segments including the mass market and mass premium, the company said in a statement. Hyundai, which currently ...

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Tesla seeks first US battery graphite with Syrah supply deal

  Bloomberg Tesla Inc has agreed to take the majority of battery-ready graphite from a production facility planned in Louisiana, as it races to secure supplies of the key material in a market dominated by China. Melbourne-based Syrah Resources Ltd will supply Elon Musk’s company with graphite anode material for an initial four years, with an option to buy additional ...

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Apple shuts eight stores amid Covid surge

  Bloomberg Apple Inc temporarily shuttered at least eight retail stores in US and Canada over the past day as Covid-19 cases surged among the public and employees. Apple, based in Cupertino, California, typically shuts down a retail store when around 10% of staff members test positive for Covid-19. Such closures have become increasingly routine in recent weeks. Before the ...

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