Vietnam’s VinFast recalls first batch of EVs bound for US due to safety risk

Vietnam’s VinFast recalls first batch of EVs bound for US due to safety risk

HANOI, May 25 (Reuters) – Vietnamese electric vehicle (EV) maker VinFast said it was recalling all the first batches of vehicles it shipped to the United States last year following a warning safety certificates issued by the American authorities. The move came after the US National Highway Traffic Safety Administration (NHTSA) said 999 of VinFast’s … Read more

Virgin Orbit auctions off $36m in remaining assets as company folds

Virgin Orbit auctions off m in remaining assets as company folds

WASHINGTON, May 23 (Reuters) – Richard Branson’s bankrupt satellite launch company Virgin Orbit revealed on Tuesday that it was closing for good after a $36.4 million sale of assets, including a agreement to sell most of its Long Beach, Calif., headquarters to small launch company Rocket Lab USA Inc. (RKLB.O) Rocket Lab, the veteran small-rocket … Read more

Novo Nordisk, Pfizer diet pills work just as well as injections

Novo Nordisk, Pfizer diet pills work just as well as injections

COPENHAGEN, May 22 (Reuters) – Novo Nordisk (NOVOb.CO) and Pfizer Inc (PFE.N) released data separately on Monday showing that pills in the same class as Novo’s increasingly popular diet drugs, such as than Wegovy, are about as effective as these injected drugs, giving a boost to both companies’ stocks. Novo Nordisk said data from a … Read more

Ford will charge its electric car with a multitude of battery offers

Ford will charge its electric car with a multitude of battery offers

May 22 (Reuters) – Ford Motor Co (FN) unveiled new battery-grade lithium supply deals on Monday as the U.S. automaker aims to meet its goal of producing 2 million electric vehicles by 2026 and to close the gap with market leader Tesla Inc. (TSLA.O). Ford is hosting an investor event on Monday explaining how it … Read more

Bezos’ Blue Origin wins NASA contract to build astronaut lunar lander

Bezos’ Blue Origin wins NASA contract to build astronaut lunar lander

WASHINGTON, May 19 (Reuters) – A team led by Jeff Bezos’ Blue Origin has won a coveted $3.4 billion contract with NASA to build a spacecraft to fly astronauts to and from Earth. surface of the Moon, the US space agency announced on Friday. company two years after losing to Elon Musk’s SpaceX in another … Read more