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BYD snaps longest streak of sales declines

BYD snaps longest streak of sales declines

BEIJING, June 1 (Reuters) - Chinese electric vehicle giant BYD snapped its longest streak of declining sales in May, despite weakening domestic demand and intensifying competition continuing to weigh on performance.
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China's new EV numbers just delivered strong message to U.S.

China's new EV numbers just delivered strong message to U.S.

North America imported 4,422 Chinese electric vehicles in April. Asia imported 110,613. Europe imported 83,813. Latin America imported 52,897. Those four numbers say more about where the global EV race stands than any single factory announcement or policy speech. And the April export data published ...
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BYD Assumes Liability for Crashes with Active Driver-Assist System

BYD Assumes Liability for Crashes with Active Driver-Assist System

BYD Assumes Liability for Crashes with Active Driver-Assist System
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Tesla withdraws termination notice on graphite supply deal with Australia's Syrah

Tesla withdraws termination notice on graphite supply deal with Australia's Syrah

June 1 (Reuters) - Australia's Syrah Resources said on Monday Tesla had withdrawn a notice of intent to terminate a graphite supply deal, ending months of negotiations that saw the two companies extend a resolution deadline four times.
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Tesla May registrations jump in several European markets as recovery continues

Tesla May registrations jump in several European markets as recovery continues

By Amir Orusov and Mathias de Rozario June 1 (Reuters) - New registrations of Tesla cars rose across several European markets in May, continuing a recovery in the U.S. electric vehicle maker's European sales.
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Factbox-China's carmakers expand their presence in Europe

Factbox-China's carmakers expand their presence in Europe

June 2 (Reuters) - Chinese automakers are expanding in Europe, betting on their competitive pricing and advanced technology to break into a market traditionally dominated by European and American brands, amid a global shift towards electric vehicles.
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Luxury brands seek to lure America's AI super-rich

Luxury brands seek to lure America's AI super-rich

By Elisa Anzolin and Helen Reid MILAN/LONDON, June 2 (Reuters) - European luxury brands have sharpened their focus on the United States, with a surge of store openings and fashion shows to lure a new crop of wealthy shoppers enriched by the AI and tech boom and offset weak consumer confidence in the
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Goldman Sachs Highlights Demand Factors in Oil Market Amid Middle East Tensions

Goldman Sachs Highlights Demand Factors in Oil Market Amid Middle East Tensions

Goldman Sachs Highlights Demand Factors in Oil Market Amid Middle East Tensions
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A bachelor's in rare earths? In China, there are schools for that

A bachelor's in rare earths? In China, there are schools for that

(Refiles to fix URL to graphics microsite, removes dateline) By Lewis Jackson, Ernest Scheyder, Vijdan Mohammad Kawoosa, Claire Fu and Melanie Burton June 1 (Reuters) - Every year, several hundred young adults head to the steppes of northern China to learn about rare earths at schools like the Inner
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European cloud providers back EU push to cut reliance on US tech

European cloud providers back EU push to cut reliance on US tech

BRUSSELS, June 1 (Reuters) - Thirteen European cloud providers joined forces with a group of EU lawmakers and NGOs on Monday to back the European Commission's drive to cut the region's dependence on U.S. technologies and support local businesses.
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Trading Day: Talks + tech = boom!

Trading Day: Talks + tech = boom!

By Jamie McGeever ORLANDO, Florida, June 1 (Reuters) - Conflicting headlines on the U.S.-Iran ceasefire dominated world markets on Monday, with the big three U.S. stock indices eventually joining several key global benchmarks in an AI-driven rally to new highs after President Donald Trump said the
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U.S. Electric Vehicle Sales Lag Behind China's Rapid Growth in 2025

U.S. Electric Vehicle Sales Lag Behind China's Rapid Growth in 2025

U.S. Electric Vehicle Sales Lag Behind China's Rapid Growth in 2025