The business, which GM is calling a start-up within the company, will focus on vehicles and potentially brands that are currently not available in that market.
Tagged By business
Covid-driven shutdowns in China need careful monitoring by U.S. ports and supply chains
Recent developments in China related to the uptick in Omicron variant infections appear to be shaping up to have a significant downstream impact on United States-bound import patterns, at a time when …
The Crypto Report: Bitcoin and Ethereum lag as crypto market follows footsteps
Bitcoin and Ethereum have given up the gains made at the end of last week as Russia’s kept up its attack on Ukraine and US President …
Crypto Mining, the Energy Crisis and the End of ‘ESG’
The cause was not the revelation that miners are the most benevolent industrial consumers possible, providing a valuable source of flexible load that will accelerate a green energy transition. Nor was …
Elon Musk’s China business ties spark alarm on Capitol Hill
Elon Musk’s extensive business dealings with China have sparked some alarm on Capitol Hill, with some lawmakers questioning whether Beijing could exploit connections with Tesla and SpaceX to gain …
China’s Luckin Looks to Relist on NASDAQ
After its 2020 fraud scandal, Chinese coffee company Luckin seeks to relist on Nasdaq. Identify the key obstacles facing the company’s second IPO attempt. Investor skepticism is one obstacle. Some …
China’s IPO shift after DiDi debacle
Venture capital is about playing the long game, and that strategy may soon pay off in China.Driving the news: China’s government last week suggested it will loosen some of its restrictions on overseas …
What Does a Crypto Mining Farm Look Like? Striking Photos From Siberia to Spain
CoinDesk reporters traveled across Europe and North America to capture the diversity of cryptocurrency mining facilities.
Will Belarus Lure Crypto Miners Amid Sanctions, Russia-Ukraine War?
Despite favorable business conditions, a country’s political environment can deter international capital. This piece is part of CoinDesk’s Mining Week …
The cyber items left in Congress’ China bills
Quick Fix — A handful of critical infrastructure and cyber working training provisions will hang in the balance as the Senate …
China crash rare disaster for state-run airlines
China is, along with North America and Europe, one of the world’s top three air travel markets and has dramatically improved safety since suffering a string of deadly crashes in the 1990s and 2000s …
Russia wants to destroy the west, China wants to exploit it
The bottom line of finding alternatives to Russian oil and gas is that it would ruin Russia for even longer than sanctions-induced pariah-hood. Once these contracts get made, they tend to stick. This …
After Short-Lived Ban, NY Town Is Still Reckoning With Crypto Miners Next Door
Cities across the U.S. are grappling with what it means to have cryptocurrency mining operations in their communities. Plattsburgh offers a sobering case study. This piece is part of CoinDesk’s Mining …
