Foxconn said to be in talks to help Saudi Arabia build BMW-based EVs

Foxconn said to be in talks to help Saudi Arabia build BMW-based EVs

Saudi Arabia and Taiwan’s Foxconn Technology Group are in talks to form a joint venture to build electric vehicles, a move that could help accelerate plans by the oil-dependent kingdom to diversify its economy, according to people familiar with the matter. Saudi Arabia’s Public Investment Fund, which manages about $450 billion of assets, will create

Today’s Headlines: The ‘Build Back Better’ blueprint

Today’s Headlines: The ‘Build Back Better’ blueprint

Here’s a look at today’s news: “Build Back Better” bows. The White House released the framework of the $1.85-trillion bill that Democrats plan to pass in Congress without any Republican support. We outline 10 things it includes. At the top of the list? $555 billion for clean energy and climate investments and $400 billion for

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