Reuters
Lucid beats revenue estimates, reaffirms annual production
The company reported third-quarter revenue of $200 million, narrowly beating estimates of $198 million, according to data compiled by LSEG.
Italy cuts automotive industry support to avoid funding cars made in China
Italy plans to cut 4.6 billion euros from auto industry funds to avoid supporting electric cars made in China, says minister.
Mexican economy chief says wants to sound out Musk on Tesla plant plans
Mexico's Economy Minister Marcelo Ebrard seeks talks with Elon Musk to revive Tesla's plans for a gigafactory in Nuevo Leon.
Stellantis, Infineon announce cooperation on architecture for next-generation cars
Stellantis partners with Infineon to advance EV power systems, securing semiconductor supply for efficient, sustainable mobility.
Chipmaker Wolfspeed projects revenue below estimates on weak auto demand, shares sink
Shares of the company, which counts General Motors and Mercedes-Benz among its customers, fell 15 per cent in extended trading.
Marathon Oil beats Q3 profit estimates on higher production
U.S. shale producer Marathon Oil beat Wall Street estimates for third-quarter profit on Wednesday, helped by higher production and resilient demand for oil.
Lyft inks deals with Mobileye, others to bring robotaxis to ridehail platform
Lyft partners with Mobileye, May Mobility, and Nexar to advance self-driving taxis and compete with Uber in the robotaxi market.
American Electric Power tops quarterly profit estimates on data center load
American Electric Power plans further asset sales, management cuts, and equity strategies to fund its $54B expansion plan.
Climate activists spray-paint US embassy in London after Trump election win
Two Just Stop Oil climate activists were arrested for spraying orange paint on the U.S. embassy to protest Trump's election win.
Korea Zinc’s share sale plan suspended due to regulator’s revision request, filing says
Korea Zinc’s $1.8B share sale plan faces delays as South Korea’s financial regulator orders revisions, sparking market concerns.
