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Foxconn'S Automotive Ascent Meets Market Resistance

Foxconn’s Automotive Ascent Meets Market Resistance

Market Debut Challenges for Foxconn’s EV Unit Foxconn’s foray into electric vehicles encountered a bumpy start as Foxtron Vehicle Technologies, its dedicated EV unit, stumbled in its market debut. Despite recovering from an initial 9% drop, shares reportedly closed down…

Tesla Dodges Eu Electric Vehicle Subsidy Probe

Tesla Dodges EU Electric Vehicle Subsidy Probe

In the ever-evolving world of electric vehicles (EVs), Tesla finds itself in a unique position, steering clear of a recent European Union (EU) investigation. This probe aims to unearth potential manipulations of subsidies by various automotive brands exporting their EVs…