Chinese EV brands Nio, Xpeng, Li Auto keep pace with Q3 guidance
Pictured here is a Nio pop-up store in Shanghai, China, on Aug. 4, 2023. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese electric car companies Nio, Xpeng and Li …
Technology
Mercedes to launch smaller version of G Class luxury SUV
Mercedes plans to launch a smaller version of its high-end G Class sports utility vehicle, the German carmaker’s CEO told CNBC in an interview Sunday. The G Class, a rugged …
Teen’s death leads to outpouring of concern over spicy chip challenge as sales are halted
WORCESTER, Mass. — The death of a Massachusetts teenager after his family said he ate an extremely spicy tortilla chip has led to an outpouring of concern about the social …
The CEO of engineering group ABB is ‘pretty pessimistic’ on China
The CEO of Swedish-Swiss multinational industrial and engineering group ABB said he has been “disappointed” by the state of the Chinese market, adding he expects conditions will prove challenging for …
Big pharma blockbuster obesity drug battle is headed for $100 billion
Ozempic drug to treat diabetes. Courtesy: Ozempic In their most recent earnings reports, Novo Nordisk and Eli Lilly proved why they are the undisputed heavyweights in the prizefight for control …
How Sony’s Hawk-Eye works at the U.S. Open
Since 2022, the U.S. Open has had no line judges. Instead, the tournament uses Hawk-Eye Live, an electronic line-calling system, to determine whether a tennis shot is in or out. …
Why China is turning into a liability for U.S. companies
One of my bigger regrets from college is that I couldn’t — because of scheduling and other conflicts — go on a six-week trip the business school was offering to …
German automaker BMW unveils new EV concept car
German automaker BMW on Saturday launched a hotly anticipated electric concept car, saying the so-called “Vision Neue Klasse” represents the dawn of a new era for the company. BMW’s latest design …
China’s electric carmakers BYD, Xpeng ramp up push overseas
BYD launched the BYD Seal in Europe at the IAA auto show in Munich, Germany. The electric sedan has a starting price of 44,900 euros ($48,479). Arjun Kharpal | CNBC …
Elon Musk biographer moves to ‘clarify’ details on Ukraine, Starlink
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, looks on as he attends the Viva Technology conference dedicated to innovation and startups at the Porte …