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Shares of Autonomous Driving Tech Company Luminar Surge on Mercedes-Benz Deal
As part of the agreement, Mercedes-Benz is expected to acquire up to 1.5 million shares of Luminar.
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Tesla's Model 3 Was the UK's Second Most Popular New Car in 2021
Last year was described as the “most successful year in history for electric vehicle uptake” in Britain.
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Daimler Says Its EV Concept Car Has Over 621 Miles of Range and Solar Tech on Roof
The car represents the latest example of how companies are looking to use different materials in their vehicles.
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European Stocks Struggle for Direction After Hitting Record Highs
European markets are taking a breather after hitting record highs on Tuesday.
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Morgan Stanley Picks ‘Regional Champions' and Stocks Most Pressured by the Supply Chain Crisis
This year’s supply chain crisis has hit companies hard as bottlenecks built up and industrial production failed to meet a post-pandemic spike in demand.
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Toyota to Invest $35 Billion Into Battery-Powered EVs and Roll Out 30 Models by 2030
Toyota will increase investments into battery technologies by 500 billion yen ($4.4 billion) to 2 trillion yen.
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Europe Stocks Close Lower as Monetary Policy Decisions Take Center Stage; UK Reports First Omicron Death
European stocks slipped on Monday as traders reacted to developments regarding the omicron Covid variant.
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Daimler Truck Spin-Off Trades Higher in Market Debut in Frankfurt
Daimler Truck’s focus on zero-emission technology will put it in competition with companies like Tesla and Geely.
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European Stocks Close Slightly Lower as Markets Track Omicron, U.S. Inflation Surge
European markets closed slightly lower on Friday as renewed concerns about the omicron Covid-19 variant continue to weigh.
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European Stocks End the Week Higher Despite Inflation Worries; Richemont Up 10%
European stocks finished the week higher Friday as global investors assessed recent high inflation prints and corporate earnings.
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Chinese Auto Giant Geely Launches Electric Truck, Its Rival to Tesla's Semi
Geely’s Homtruck launch comes as a number of automakers from Mercedes-owner Daimler to Tesla have announced their own electric trucks.
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Tesla Is Setting the Bar for Electric Vehicles, VW CEO Admits
Herbert Diess made his remarks during an interview with CNBC’s Julianna Tatelbaum.
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What Is Putin's Greatest Worry Right Now? His Own Citizens
Improving Russian citizens’ living standards is President Vladimir Putin’s biggest concern right now, he told CNBC on Wednesday.
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Putin Says ‘Utter Nonsense' Russia Is Using Gas as a Geopolitical Weapon, Ready to Help Europe
Watch Russian President Vladimir Putin and business leaders on a CNBC-moderated panel at Russian Energy Week.
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Volvo Says Shift to Electric Cars Is the Reason Behind Its $2.9 Billion IPO
The company’s CEO, Hakan Samuelsson, made his remarks during an interview with CNBC.
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European Stocks Close Lower as Inflation Fears Weigh; Sartorius Shares Down Over 6%
European stock markets closed lower on Friday as economic data showed euro zone inflation jumped to a 13-year high.
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Elon Musk Says the Chip Shortage Is a ‘Short-Term' Problem
Tesla CEO Elon Musk said Friday that the ongoing semiconductor crisis will be over by next year.
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China's EV Sector Is Poised for ‘Inevitable' Consolidation, Says Bain Consultant
The electric vehicle sector is currently seeing a “most exciting moment,” according to Bain & Company’s Helen Liu.
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Tesla Autopilot to Be Compared With 12 Other Carmakers' Systems in NHTSA Probe
NHTSA plans a comparative analysis between the driver assistance systems Tesla and its competitors offer.
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Bitcoin Plunges as El Salvador Rolls Out Nationwide Acceptance: CNBC After Hours
On today’s show, CNBC.com’s MacKenzie Sigalos explains El Salvador’s rollout of bitcoin acceptance nationwide, and why some citizens are protesting the move.
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