Maker
EV maker Nio set to record first adjusted operating profit for Q4 FY2025
The turnaround is driven by ‘sustained growth’ in sales volume and a favourable product mix[SINGAPORE] Electric vehicle manufacturer Nio expects to record its first-ever quarterly adjusted operating profit for...
Labubu maker Pop Mart sets up London hub for European push
Published Sat, Jan 31, 2026 · 10:30 AMPOP Mart International Group is setting up a London headquarters for its European operations as the Chinese maker of Labubu collectible toys...
Tesla dethroned as the world’s top EV maker
Elon Musk’s Tesla is no longer the top electric vehicle seller in the world as demand at home has cooled while competition heated up abroad. Tesla lost its pole...
EV truck maker Rivian is laying off hundreds amid a slowdown in demand
The electric truck and SUV company Rivian will lay off hundreds of employees in an attempt to save cash as federal support for electric vehicle adoption wanes under the...
Chinese battery maker CATL expects Hungarian production to start by early 2026
The battery maker has been extending its lead in the EV battery market, with a 38% share globally in 2024, up from 36% a year earlierPublished Mon, Sep 8,...
Whisky maker Suntory’s CEO resigns after possible purchase of illegal supplements
[TOKYO] Suntory Holdings CEO Takeshi Niinami, one of Japan’s best-known business leaders, has resigned from the beverage group following a police investigation into his purchase of a supplement that...
ChatGPT maker touts how AI benefits Californians amid safety concerns
OpenAI, the maker of popular chatbot ChatGPT, outlined how artificial intelligence is creating jobs and making Californians more productive as the tech company faced heightened safety concerns this week.In...
‘Call of Duty’ maker goes to war with ‘parasitic’ cheat developers in L.A. federal court
Two summers ago, the Santa Monica-based company behind the popular video game “Call of Duty” sent a letter to a 24-year-old man in Antioch, Tenn., who went by the...
