Investing.com -- Russia’s Defense Ministry has accused Ukraine of attacking Russian energy facilities in the past day. This comes despite a previously agreed moratorium on strikes against each other’s energy infrastructure.The Ministry reported that a transformer substation located in the Bryansk region was targeted in the attack. Furthermore, the military officials claim to have intercepted a ...
SHANGHAI (Reuters) - Chinese electric truck startup Windrose is increasing its final round of funding to $300 million, a person with direct knowledge of the matter said, as it plans more assembly plants in Europe and the United States.The company, which was previously aiming for $200 million in this round in equity investments and debt, is also planning an initial public offering in the United Sta ...
Investing.com -- The European Commission made it clear on Wednesday that the removal or modification of sanctions against Russia is contingent on the full withdrawal of Russian military forces from Ukraine. A spokesperson for the Commission stated that the end of Russia’s unprovoked and unjustified aggression in Ukraine, along with the unconditional withdrawal of all Russian military forces from ...
Investing.com -- Maharashtra, one of India’s states, has retracted its proposal to impose a 6% sales tax on electric vehicles (EVs) priced over $35,000. This move aims to boost the adoption of EVs in a market where sales are still in their infancy. India is currently the third-largest auto market globally.The chief minister of Maharashtra, Devendra Fadnavis, confirmed the reversal of the propose ...