Shares of Wolfspeed, a prominent chipmaker, dropped by 50% on Friday, hitting their lowest point since 1998. This significant decline stems from uncertainty surrounding the company’s...
Etiket: Electric Vehicles
Foxconn to Host EV Seminar in Japan to Attract Automakers
Foxconn (2317.TW) is set to hold an electric vehicle (EV) strategy seminar in Japan on April 9, aiming to strengthen ties with Japanese automakers and suppliers,...
Xiaomi Raises $5.5 Billion in Share Sale to Accelerate EV Plans
Xiaomi Corp, the world’s third-largest smartphone maker, announced on Tuesday that it raised $5.5 billion in an upsized share sale as the company ramps up its...