makers

For Electric Vehicle Makers, Winners and Losers in Climate Bill

For Electric Vehicle Makers, Winners and Losers in Climate Bill

The climate and energy package awaiting final approval by Congress aims to achieve two goals that are not always compatible: Make electric vehicles more affordable while freezing China out of the supply chain. Auto industry representatives have been griping that the proposed $7,500 tax credits for electric vehicle buyers come with so many strings attached …

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Auto makers warn most electric vehicles won't qualify for federal tax credit

Auto makers warn most electric vehicles won’t qualify for federal tax credit

But the auto industry is warning that the vast majority of EV purchases won’t qualify for a tax credit that large. That’s mainly because of the bill’s requirement that, to qualify for the credit, an electric vehicle must contain a battery built in North America with minerals mined or recycled on the continent. And those …

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U.S. considers crackdown on memory chip makers in China

U.S. considers crackdown on memory chip makers in China

WASHINGTON, Aug 1 (Reuters) – The United States is considering limiting shipments of American chipmaking equipment to memory chip makers in China including Yangtze Memory Technologies Co Ltd (YMTC), according to four people familiar with the matter, part of a bid to halt China’s semiconductor sector advances and protect U.S. companies. If President Joe Biden’s …

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India escalates crackdown on Chinese phone makers

India escalates crackdown on Chinese phone makers

India has stepped up a crack down on the Chinese companies that dominate its smartphone market, in a series of legal actions that have raised trade tensions between Asia’s two biggest nations. Oppo, which sells both the popular realme brand and its eponymous marque, was accused by Indian regulators of tax evasion this week. That …

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For EV battery makers, it's go small or go home

For EV battery makers, it’s go small or go home

CAMBRIDGE, England, July 11 (Reuters) – In the race to go electric, carmakers have focused on range to ease consumer anxiety over charging infrastructure, but battery makers are already working on the smaller, longer-lasting and cheaper batteries of the future, which also charge more quickly. While carmakers today chase market leader Tesla Inc (TSLA.O), seeking …

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SEC Chief Gensler considers new rules governing market makers, payment for order flow after GameStop drama

SEC Chief Gensler considers new rules governing market makers, payment for order flow after GameStop drama

Last January’s GameStop saga focused the world of retail trading on issues of market plumbing — the nuts and bolts of how brokers execute orders to buy and sell stocks and derivatives — like few previous episodes. Eighteen months later, U.S. Securities and Exchange Chairman Gary Gensler is launching an effort to comprehensively overhaul this …

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