Electric vehicles as an example of a market failure

Electric vehicle revolution is well under way. Norway ambitiously heads toward having all new cars sold as zero-emission by 2025. China continues to be one of the major drivers of EV boom. The US market experiences strong ...

VW wants to storm car market with cheaper electric model

Volkswagen intends to invest 44 billion euros ($50 billion) in the electric and autonomous car technologies expected to reshape the industry—and said it would make battery-powered vehicles more accessible to mass-market ...

Huawei tops Apple in tightening smartphone market: IDC

China-based Huawei took the second-place spot from Apple in a tightening global smartphone during the second quarter of this year, according to figures released Tuesday by International Data Corporation.

Uber-Grab deal hits speed bump in Singapore

Singapore on Friday imposed restrictions on ride-hailing firm Grab's acquisition of Uber's Southeast Asian business until it concludes a probe into whether the sale may have infringed competition rules.

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