08:27 AM EDT, 07/03/2024 (MT Newswires) -- Enovix ( ENVX ) said on Wednesday it would hold a grand opening of its new high-volume production facility, Fab2, in Penang, Malaysia, scheduled for August 8. Situated at the Penang Science Park, Fab2 is designed to accommodate up to four production lines capable of manufacturing tens of millions of high-performance batteries for...

08:27 AM EDT, 07/03/2024 (MT Newswires) -- Luminar ( LAZR ) said Wednesday it began this week its first shipments of Sentinel, the company's full-stack software package for automakers. Deliveries to top automakers are expected to be made in Q3, the company said. Price: 1.4697, Change: +0.07, Percent Change: +4.98 ...

BRUSSELS/LONDON, July 3 (Reuters) - EU countries are wavering over whether to back additional tariffs on Chinese-built electric vehicles, highlighting Brussels' challenge in building support for its largest trade case yet as Beijing threatens wide-ranging retaliation. Germany, whose carmakers made a third of their sales last year in China, wants to stop the tariffs, according to a government source, while...

08:24 AM EDT, 07/03/2024 (MT Newswires) -- Canoo ( GOEV ) said Wednesday that it has received an order from same-day courier Go2 Delivery for five fully electric commercial delivery vans. Canoo ( GOEV ) said it has agreed to potentially sell up to 85 additional vans to Go2 Delivery. Financial details of the contract were not disclosed. Price: 2.3392,...