Browsing Tag
billion
8 posts
Elon Musk Proposes $5 Billion Tesla Investment in AI Startup xAI: Potential Conflict of Interest
Tesla CEO Elon Musk announced plans to discuss a potential $5 billion investment in his artificial intelligence startup,…
Biden Administration Grants $1.1 Billion to Stellantis and GM for EV Production
The Biden administration has announced a significant investment in the future of electric vehicles (EVs), awarding nearly $1.1…
BYD got $3.7 billion in Chinese aid to dominate EVs, study says
According to a recent study, China’s BYD Co. reportedly got at least €3.4 billion ($3.7 billion) in…
EU Hits Apple with Record $2 Billion Fine for Antitrust Violations
The European Union has imposed a monumental fine of $2 billion on Apple, citing its violation of antitrust…
Scout Motors breaks ground on new $2 billion plant in South Carolina
The Volkswagen Group’s all-electric Scout Motors is progressing, with construction beginning Thursday on a new assembly factory in…
U.S. to award $3 billion for high-speed rail linking L.A. area to Las Vegas
According to a senator, the $12 billion Las Vegas to Southern California high-speed rail project, which intends to…