Apple CEO hints in New Interview that Company has Plan for Self-Driving Car   In an interview Tim Cook revealed that the company is still planning to build an electric vehicle that can run automatically. Apple has been working on driverless ca...

Shortage of Semiconductor Chips Halt the Production of Electric Vehicle Giant Tesla and its Chinese Rival NIO   The New Chinese Startup NIO Inc.., severely affected due to the shortage of semiconductor chips. NIO is the biggest rival of Tesla ...

You Can Buy Tesla with Bitcoin, Elon Musk Says   Tesla grabbed the headlines last month when Musk bought $ 1.5 billion worth of bitcoin and said Tesla would soon accept it as a method of payment. Musk's purchase of Bitcoin in early February pu...

Volkswagen's Updated Electrification Plans and Raise Funds up to $150 Billion   A day after automaker Volkswagen was embroiled in plans to open up to six new EV battery factories in Europe to supply advanced batteries for its future cars, the ...

Xpeng is Constructing Second EV Plant to Support Expected Growth   Xpeng Inc. Stated on Thursday that it has signed agreement with the city of Wuhan for the construction of a new Smart EV factory. The Xpeng's second production facility will ha...

Volkswagen May Change Its Name to 'Volkswagen' to Reflect its Commitment to Electric Vehicles   Along with Volkswagen's pledge to build millions of electric vehicles, the company may be in the process of acquiring a new name. According to a pr...

Audi Stated that they will Stop Developing Internal Combustion Engine   The era of the internal combustion engine looks like it is coming to an end. As countries set strict regulations on emissions and the auto industry move towards electric v...

BMW Unveils Fully Electric i4 Sedan   One of the most talked-about new electric vehicles is BMW's i4 sedan, which the automaker officially revealed at the company's annual press conference in Munich on Wednesday. The BMW i4 model range will be...

USD / JPY  Technical Analysis - Small Pivot at 108.851 Controls Price Action   The main trend is up according to the daily swing chart. Trading through 109.362 will signal the resumption of the uptrend. Trading down to 104,923 will revers...

The Continued Movement of Yuan Below 108,230 will be the First Sign of Weakness   The dollar/yen rise to its highest level since June on Friday as comments from Federal Reserve Chairman Jerome Powell and better-than-expected employment data in...

USD / JPY Analysis: Trading at 104.80   During the Friday morning hours, USD / JPY climbed to 104.80. The exchange rate is expected to rebound off the resistance of the weekly R3 and Fibonacci 23.60% in the 105.00 region. Note that the price m...

USD / JPY Forex Technical Analysis     Dollar/yen fell relatively slowly on Friday with most major traders on the sidelines due to the Christmas holidays. The price action over the past six sessions shows that the bears are taking a brea...