Nickel Industries secures US$450M refinancing to fuel EV battery growth
Nickel Industries Limited (ASX: NIC) has arranged US$450 million in new unsecured syndicated loan facilities, led by PT Bank Negara Indonesia.
Nickel Industries Limited (ASX: NIC) has arranged US$450 million in new unsecured syndicated loan facilities, led by PT Bank Negara Indonesia.
Nickel Industries Limited (ASX: NIC) has arranged US$450 million in new unsecured syndicated loan facilities, led by PT Bank Negara Indonesia.
Legacy foreign automakers once held the keys to China's car market, but the 2026 Beijing Auto Show reveals a dramatic power shift. From onboard cinemas to built-in toilets, domestic EV makers are winning over consumers with rapid-fire tech innovation and aggressive pricing. From the show floor in Beijing, Bloomberg's Stephen Engle finds that as Western brands scramble to partner with local rivals to survive, China is now firmly in the driver's seat.
Legacy foreign automakers once held the keys to China's car market, but the 2026 Beijing Auto Show reveals a dramatic power shift. From onboard cinemas to built-in toilets, domestic EV makers are winning over consumers with rapid-fire tech innovation and aggressive pricing. From the show floor in Beijing, Bloomberg's Stephen Engle finds that as Western brands scramble to partner with local rivals to survive, China is now firmly in the driver's seat.
The Westly Group founder Steve Westly, a former Tesla board member, reacts to Tesla's first-quarter earnings that beat Wall Street's estimates on "Bloomberg The Close."
The Westly Group founder Steve Westly, a former Tesla board member, reacts to Tesla's first-quarter earnings that beat Wall Street's estimates on "Bloomberg The Close."
Ed Ludlow gives us a first read on Tesla's first-quarter earning which beat Wall Street estimates. Adjusted earnings per share were 41 cents beating the estimate of 34 cents. Share rose sharply after regular trading in New York.
Ed Ludlow gives us a first read on Tesla's first-quarter earning which beat Wall Street estimates. Adjusted earnings per share were 41 cents beating the estimate of 34 cents. Share rose sharply after regular trading in New York.
Rivian's new R2 model has begun rolling off the manufacturing floor in Normal, Illinois, despite damage to the factory from a tornado over the weekend. The smaller, more affordable SUV is seen as crucial to driving profitability for the electric vehicle maker. Rivian CEO RJ Scaringe joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."
Rivian's new R2 model has begun rolling off the manufacturing floor in Normal, Illinois, despite damage to the factory from a tornado over the weekend. The smaller, more affordable SUV is seen as crucial to driving profitability for the electric vehicle maker. Rivian CEO RJ Scaringe joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."
Although Chinese car brands are virtually nonexistent on US roads, that hasn't kept them from breaking through online, showing inflation-weary Americans what they're missing.
Although Chinese car brands are virtually nonexistent on US roads, that hasn't kept them from breaking through online, showing inflation-weary Americans what they're missing.
Slate Auto CEO Peter Faricy joined Bloomberg Open Interest to reveal how his startup plans to disrupt the EV market with a $20K electric pickup. By stripping down manufacturing, offering extreme customization, and focusing on affordability over incentives, Slate aims to bring EVs to the mass market, even as overall demand faces uncertainty.
Slate Auto CEO Peter Faricy joined Bloomberg Open Interest to reveal how his startup plans to disrupt the EV market with a $20K electric pickup. By stripping down manufacturing, offering extreme customization, and focusing on affordability over incentives, Slate aims to bring EVs to the mass market, even as overall demand faces uncertainty.
Volkswagen CFO Arno Antlitz comments on earnings, cost savings and the outlook for growth in China. He speaks to Bloomberg's Oliver Crook after the firm, Europe's largest automaker, forecast an operating return in a range of 4% to 5.5% this year as higher raw material costs, intense competition and geopolitical tensions combine for a challenging outlook.
Volkswagen CFO Arno Antlitz comments on earnings, cost savings and the outlook for growth in China. He speaks to Bloomberg's Oliver Crook after the firm, Europe's largest automaker, forecast an operating return in a range of 4% to 5.5% this year as higher raw material costs, intense competition and geopolitical tensions combine for a challenging outlook.