(Bloomberg) -- Saudi Arabia and Taiwan’s Foxconn Technology Group are in talks to form a joint venture to make electric vehicles, a move that could help accelerate plans by the oil-dependent kingdom to diversify its economy, according to people familiar with the matter. Most Read from BloombergReliving the New York Subway Map Debate‘Ghost Signs’ Haunt London’s Reviving NeighborhoodsChina Cash Flowed Through Congo Bank to Former President’s Cronies‘Pension Poachers’ Are Targeting America’s Elderl
One EV company that’s been flying under the radar, that is until it had big news at this year’s Los Angeles Auto show - is Fisker Inc. Founded and run by legendary automotive designer Henrik Fisker, unveiled the production version of its Ocean EV SUV.
(Bloomberg) -- BlackRock Inc. is joining automakers including BMW AG, Volkswagen AG and Ford Motor Co. as shareholders in electric-car charging consortium Ionity GmbH, contributing to a 700 million-euro ($787 million) investment in the venture.Most Read from BloombergBillionaire Family Feud Puts a Century-Old Business Empire in JeopardyAsia’s Richest Man Looks to Walton Family Playbook on SuccessionThe 24-Year-Old Aiming to Dethrone Victoria’s SecretThe Winners and Losers From a Year of Ranking