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The company’s financial issues became apparent a couple of weeks ago with the disclosure of a cash shortfall. Shares of Fisker Inc. plunged by about 47% in the extended session Wednesday after a report indicated that the embattled EV maker...

Transactions involving more than 100 acres or valued over $1 million proposed to be closely examined. In a bid to mitigate concerns surrounding national security vulnerabilities tied to overseas property investments, particularly those of Chinese origin, decisive actions have been...

The SU7’s pricing remains a hot topic, with rumors suggesting it’ll fall between RMB 250,000 and RMB 370,000 (approximately €32,600 – €48,500). Chinese electronics giant Xiaomi is making its long-anticipated entry into the electric vehicle market with the launch of...