Tesla factory cannot run normally amid coronavirus shutdown

Source: Dukascopy Bank SA
Tesla Inc is unable to continue operating its main US vehicle plant normally in San Francisco due to a three-week lockdown announced on Tuesday to prevent the coronavirus spread.
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Wed, 18 Mar 2020 08:12:39 GMT

VW to use high-nickel batteries for EVs

Volkswagen is planning to use high-nickel in its electric vehicle battery cells, raising its amount from 65% to 80% in the following year, Frank Blome, the carmaker's battery cells head said.

Wed, 18 Mar 2020 05:49:31 GMT

Fed plans to purchase short-term corporate debt

On Tuesday, the US Federal Reserve announced it would start buying corporate America short-term debt through a facility last invoked during the 2008 financial crisis.

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