Saudi Arabia Orders Up to 100,000 Electric Vehicles in Boost to Startup Lucid
RIYADH, Saudi Arabia—Saudi Arabia will purchase between 50,000 and 100,000 electric vehicles over the next decade from Lucid Group…
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Capacity/Facilities
Ford Hurries Out F-150 Lightning to Grab Share of Electrics Market
Getting the plant going will be the easy part. Like other car companies, Ford continues to confront difficulties getting parts, particularly semiconductors…
Apple Store Workers Seek to Unionize, Following Efforts at Amazon, Starbucks
After union victories by workers at some of America’s most prominent companies,
Apple Inc.
AAPL -2.78%…
Capital Spending Boom Helps Raise Productivity, Contain Costs
American businesses are ramping up technology investment and other capital spending as they emerge from the pandemic. If sustained, that investment boom…
Intel Plans $36 Billion in European Chip Plant Investments
Intel Corp.
INTC -0.06%
said it would invest $36 billion in chip production and research across Europe,…
Google-Facebook Ad Deal Is Investigated by EU, U.K.
The European Union and the U.K. are ramping up their parallel crackdowns on big tech companies, opening formal antitrust…
Rivian Automotive Curtails Production in 2022 Due to Supply-Chain Disruptions
Rivian Automotive Inc.’s
losses deepened in the fourth quarter and the electric-car startup said supply-chain challenges would…
Tesla Gets Approval for Vehicle Production in Germany
The future Tesla plant near Berlin.…
Is It the End of the Road for Computing Power?
It may not be an actual law of nature, but a bold statement made decades ago has predicted the dizzying advance of technology. Now it is about to falter. The…
Amazon Set to Close Bookstores, Other Shops in Retail Shift to Groceries, Fashion
Amazon.
AMZN 0.60%
com Inc. is planning to close dozens of bookstores and other…