Toyota to Invest $ 3.4 Billion by 2030 to Build Batteries for Electric Vehicles in the United States   Toyota Motor Corp. invests $ 3.4 billion in the production of batteries for electric vehicles in the United States. Toyota Motors said it wi...

Volvo Cars Aims to Increase Its Stake to $2.9 Billion   The car company is expected to issue new shares to increase total revenue by around SEK 25 billion (US$2.8 billion) and a potential partial sale of shares by a major shareholder in Volvo ...

LG Electronics Help General Motors to Cover Charges of Chevy Bolt EV Recall   General Motors has announced that it has reached an agreement by battery retainer LG Electronics to cover the costs of the recall of the Chevrolet Bolt EV Bolt EUV d...

Audi Q4 e-Tron Features, Price and Specification has been Announced   Luxury brand Volkswagen Audi is expanding its all-electric portfolio in the US with the addition of two new battery-powered models, the Q4 e-Tron and Q4 e-Tron Sportback. Th...

Honda Japan to Launch New EV Brand in China Next Year   Japan's Honda Motor plans to launch a new brand of electric vehicles in China next year, the company said Wednesday. As part of its plan, Honda will only launch electric vehicles, hydroge...

GM Plans to Double Sales from the EV Portfolio by 2030   GM Motors has set out a detailed roadmap for how the company plans to double its annual revenue and increase margins to 12-14% by 2030. GM's financial goals include doubling its annual r...

Ford Motor Co will Invest 11.4 Billion Dollars to Lead United States in EV Manufacturing   Ford plans to invest $ 11.4 Billion in Tennessee and Kentucky to build two new mega factories. These factories will create more than 11,000 new jobs and...

Tesla Sold 44,464 Chinese-Made Vehicles in August, Local Shipments up 49.5% from July   Tesla sales in China rose after local sales of Chinese-made vehicles fell 69% in July, compared with 28,138 Tesla vehicles sold to Chinese buyers in June. ...

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...