Foreign auto stocks BYD, BMW and others slide on Trump tariff fears

Foreign auto stocks BYD, BMW and others slide on Trump tariff fears

Republican presidential nominee and former U.S. President Donald Trump speaks during a campaign town hall meeting, moderated by Arkansas Governor Sarah Huckabee Sanders, in Flint, Michigan, U.S., September 17, 2024.  Brian Snyder | Reuters DETROIT — Stock prices of foreign automakers, including Chinese and German manufacturers, fell sharply on Wednesday amid concerns the U.S. will … Read more

Silicon anodes are ahead of solid-state batteries in race to power EVs

Silicon anodes are ahead of solid-state batteries in race to power EVs

A Wallbox EV charger for electric car is displayed during the “Mondial de l’Auto” at Parc des Expositions on October 15, 2024 in Paris, France. Chesnot | Getty Images News | Getty Images Silicon anodes appear to be leading the way in the race to commercialize next-generation battery technologies for electric vehicles. The buzz around … Read more

Porsche-backed Cylib breaks ground on huge EV battery recycling plant

Porsche-backed Cylib breaks ground on huge EV battery recycling plant

Cylib, a startup backed by Porsche and Bosch, is building a huge electric vehicle battery recycling facility in Dormagen, a town in Germany’s North Rhine-Westphalia region. Cylib A massive battery recycling plant is being built in Germany by Cylib, a startup looking to reduce waste from EV batteries that have reached the end of their … Read more

Porsche Will Sell You A $5,000 Midcentury-Inspired Limited Edition Armchair

Porsche Will Sell You A ,000 Midcentury-Inspired Limited Edition Armchair

Porsche’s Pepita houndstooth pattern cloth has a long history of cosseting the backsides of P-car drivers, having been used in its interiors since the mid-1960s. The pattern is inextricably linked to Porsche history. Likewise, furniture design owes much of what it is today to Ray and Charles Eames. Back in 1948, the Eames brothers developed a … Read more

Porsche warns of fall in profitability but hikes dividend on strong 2023 results

Porsche warns of fall in profitability but hikes dividend on strong 2023 results

The Porsche Mission X on display at the IAA Mobility 2023 show in Munich, Germany. Arjun Kharpal | CNBC Porsche on Tuesday warned that profitability will decline this year as it launches new models amid tough economic conditions, but hiked its dividend on the back of a rise in 2023 operating profit. The German luxury … Read more