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European carmakers celebrate EV gains but push back on engine Ban

European carmakers celebrate EV gains but push back on engine Ban

Europe’s top carmakers are pushing back against the EU’s 2035 engine ban at the Munich auto show.
Weak regulation opens crypto investors to fraud, Nigeria's EFCC says

Weak regulation opens crypto investors to fraud, Nigeria's EFCC says

The Economic and Financial Crimes Commission (EFCC) of Nigeria has warned about the risks of opening crypto investors to fraudulent elements. Speak...
Ola Electric’s technical breakout: sign of an EV shift or short-lived hype?

Ola Electric’s technical breakout: sign of an EV shift or short-lived hype?

Ola Electric’s stock leaped as much as 13% on Monday, extending the two-week uptrend that has driven gains of over 45% since mid-August. Key trigge...
Global Investor Jeremy Kranz On Why Not ‘Everything Important Happens In Silicon Valley’

Global Investor Jeremy Kranz On Why Not ‘Everything Important Happens In Silicon Valley’

In this Crunchbase News Q&A, longtime global investor Jeremy Kranz shares his vision for his firm Sentinel Global, and observations about, among ot...
Western automakers face high costs, tariffs, competition, and strict carbon rules while shifting to EVs

Western automakers face high costs, tariffs, competition, and strict carbon rules while shifting to EVs

Auto makers across Europe and the United States are dealing with several crises simultaneously. Slimmer profits, workforce reductions, and cost-cut...
Mercedes CEO warns Europe against premature EV push as EVs get critical US support

Mercedes CEO warns Europe against premature EV push as EVs get critical US support

Mercedes-Benz CEO Ola Källenius recently shared his concerns about the European Union’s plan to ban CO2-emitting vehicles by 2035, calling for a “r...
Mercedes Benz Pauses EV Deliveries: MBG to Take a Hit While TSLA Climbs?

Mercedes Benz Pauses EV Deliveries: MBG to Take a Hit While TSLA Climbs?

Mercedes Benz (MBG) is pausing deliveries of its EVs, paving way for Tesla (TSLA) to move further ahead…
China is tying a tentative cognac minimum‐price deal to progress EU‐China electric vehicle tariff negotiations

China is tying a tentative cognac minimum‐price deal to progress EU‐China electric vehicle tariff negotiations

China has reportedly tied a tentative minimum-price agreement on French cognac imports to progress in its ongoing dispute with the European Union o...
Seven Chinese nationals bag jail terms for internet fraud, cyberterrorism in Nigeria

Seven Chinese nationals bag jail terms for internet fraud, cyberterrorism in Nigeria

A federal high court in Lagos, Nigeria, convicted and sentenced seven Chinese nationals to one year in prison each for their involvement in cyberte...
Voltage Finance hacker moves $182K in ETH to Tornado Cash

Voltage Finance hacker moves $182K in ETH to Tornado Cash

A dormant hacker linked to the 2022 Voltage Finance exploit has moved $182K in ETH through Tornado Cash after 166 days of inactivity.