Chery Auto officially opened its Rosslyn Plant in South Africa, transforming from an importer to a local manufacturer and retaining all 692 employees. The plant, originally built in 1963, will be upgraded to produce 50,000 vehicles annually by mid-2027 and aims for 40% localization by 2028. This move supports Chery's regional hub ambitions and job creation of nearly 3,000 roles in the supply chain. Additionally, Chery launched its new LEPAS brand in South Africa, expanding its market presence with the upcoming LEPAS L6 model.
At IAA TRANSPORTATION 2026 in Hanover, Winseed showcased key trends in automotive AI, emphasizing the shift from innovation to commercialization and the rising importance of AI-driven global brand visibility. Their research ranked 127 AI-related auto...
Rosen Law Firm has announced an investigation into possible breaches of fiduciary duties by Sprout Social's directors and officers. Investors holding Sprout Social stock are encouraged to contact the firm for more information and potential legal acti...
Analyst Daniel Sparks predicts that SpaceX's stock won't fully reflect the value of its Starship program until the company demonstrates the ability to reuse the entire rocket. This milestone is crucial as full reusability could significantly reduce l...
Bitcoin increased by 0.60% to $83,051 even as the total cryptocurrency market value dropped 1.73% to $2.82 trillion. Other major tokens like Ether, XRP, BNB, Solana, and Dogecoin also saw modest gains. NEAR Protocol led the top 38 cryptocurrencies wi...
XRP has fallen over 7% this week alongside the broader crypto market but shows signs of divergence as XRP ETFs continue to see inflows while BTC and ETH ETFs experience outflows. Evernorth's recent SPAC merger with Armada II brings significant XRP an...
