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Electric bike startup Also, which spun out of carmaker Rivian, reached a $1 billion valuation in a new funding round and struck a partnership with DoorDash to work on autonomous deliveries. Also’s co-founder and President Chris Yu speaks with Matt Miller on “Bloomberg Tech.” -------- Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of "Bloomberg Technology" with Caroline Hyde and Ed Ludlow here: https://www ...

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Core Viewpoint - KKR is set to invest up to $310 million in a partnership with PMI Electro Mobility Solutions and its e-bus platform Allfleet India, focusing on the electric commercial vehicle sector in India [1][2]. Investment Details - KKR will acquire a majority stake in Allfleet and a minority stake in PMI Electro, although specific financial details have not been disclosed [2]. - The investment aligns with the Indian government's PM-eBus Sewa scheme, which aims to deploy 10,000 electric buses through a Public Private Partnership model, with an estimated cost of 576.13 billion rupees ($6.23 billion) [3]. Company Operations - PMI Electro manufactures various electric commercial e-buses, including 9-meter, 12-meter, and school buses, while Allfleet focuses on developing and operating large-scale electric public transport fleets [2]. - Allfleet plans to deploy a fleet of over 5,000 e-buses under agreements with multiple state transport authorities [2]. Future Outlook - The deal is expected to close in mid-2026, pending regulatory approvals, indicating a long-term commitment to expanding electric public transport in India [4].

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content delivered includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for being a forward-looking technology adopter, utilizing decades of expertise and experience among its content creators [4] - The company employs automation and software tools, including generative AI, while ensuring that all published content is edited and authored by humans [5]

內容簡介： 🔹你的Tesla停在車庫90%時間都在發呆？😱 Musk最新炸彈來了！Digital Optimus讓愛車變隱形員工，用Grok當大腦、AI4晶片跑任務，連Supercharger 7吉瓦閒置電力都要變成分散式AI帝國！🚀 6個月後AI4車主就能體驗，這招狠到爆，把閒置資源全變現！💰 🔹Model Y L六座大空間版正式進軍澳洲紐西蘭，2026年5月開賣，專攻家庭市場，寶媽奶爸的最愛！🇦🇺 保留Tesla性能與軟體優勢，價格策略一次看懂～ 🔹Austin Autonomy Pop-up快閃登場！Cybercab、Optimus、FSD Supervised一次體驗，摸得到自動駕駛未來！🤖 Tesla Energy進軍英國家庭供電，能源版圖再擴張！ 🔹SpaceX IPO衝擊S&P 500？規則可能改寫讓它直衝指數，估值1.25兆美元史上最貴！🌌 Tesla間接持股SpaceX，xAI大動作挖角coding AI高手，馬斯克帝國全面融合中！ 喜歡Musk最新狠招與Tesla/SpaceX/xAI大新聞？快點讚訂閱大魚聊電動，一起掌握科技最前線！🔥 留言告訴我你最期待哪一項～ #特斯拉 #馬斯克 #M ...

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Core Viewpoint - The S&P 500 is experiencing a decline, but the market is showing resilience as oil prices have retreated from their recent highs, indicating that crude oil remains a significant factor for investors amid geopolitical tensions [1] Oil Market Developments - West Texas Intermediate crude oil prices fell from approximately $119 per barrel to around $95 by the afternoon, influenced by reports of the Trump administration considering measures to stabilize the market, including potential coordination with G7 countries for a strategic oil reserve release [1] - The effectiveness of these measures in countering supply disruptions from Gulf State countries and uncertainties in the Strait of Hormuz remains uncertain [1] Sector Performance - Financials, consumer discretionary, and materials sectors were the worst performers in the S&P 500, reflecting the impact of rising oil prices on consumer spending and economic growth [1] - Higher crude prices typically lead to increased gasoline prices, which reduces disposable income for consumers, thereby affecting discretionary spending [1] Technology and AI Stocks - Technology and AI-related stocks are leading the market's recovery, suggesting that the current investment cycle in AI may be resilient to short-term fluctuations in oil prices [1] - Broadcom has seen gains of over 4% following its earnings report, while Nvidia is also trading higher in anticipation of the upcoming GTC conference [1] Upcoming Earnings Reports - Earnings reports are expected from Hewlett Packard Enterprise, Casey's General Stores, and Vail Resorts after the market closes, with additional reports from Kohl's and NIO before the market opens on Tuesday [1] Economic Indicators - Upcoming economic data includes the NFIB Small Business Optimism Index and the National Association of Realtors' Existing Home Sales, which will provide insights into the economic landscape [1]

The battery unit of SK is laying off more than a third of the workforce at its plant in Georgia as the South Korean manufacturer navigates a slowdown in electric vehicle sales https://t.co/HKPCFTHOhP ...