Ride-hail firm Lyft races to leave Uber behind in IPO chase

Ride-hailing company Lyft Inc beat bigger rival Uber Technologies Inc in filing for an initial public offering on Thursday, defying […]

Palladium outshines gold for first time in 16 years

Palladium is more valuable than gold for the first time since 2002, with prices soaring by around 50 percent in […]

Elon Musk ducks out of one Los Angeles tunnel but pursues another

Billionaire entrepreneur Elon Musk has scrapped plans for a high-speed passenger tunnel under the West side of Los Angeles but […]

‘Out of control’: Chinese authorities slam ride-hailing giant Didi over safety

Chinese authorities announced a broad crackdown on China’s ride-hailing industry on Wednesday, targeting market-leader Didi Chuxing with fines following the […]

U.S. chipmaker Nvidia to provide AI platform for Chinese EV start-ups

U.S. chipmaker Nvidia Corp (NVDA.O) has signed separate deals with Chinese electric vehicle startups XPeng Motors, Singulato Motors and SF […]

Ford, Walmart collaborate to design automated-vehicle delivery

Ford Motor Co, Walmart Inc and delivery service Postmates Inc will collaborate to design a service for delivering groceries and […]

VW plans to sell electric Tesla rival for less than $23,000

Volkswagen intends to sell electric cars for less than 20,000 euros ($22,836) and protect German jobs by converting three factories […]

Wells Fargo executives knew auto insurance program was flawed: lawsuit

Wells Fargo & Co executives were warned that an auto insurance plan could be overcharging customers four years before the […]

Tesla develops plan to make 3,000 Model 3s per week in Shanghai to cut tariff impact

Tesla Inc said on Friday that it is developing plans to start producing about 3,000 Model 3 vehicles per week […]