Geely is spending $4.6 billion on a battery plant as its electric car ambitions grow
CNN
Geely will pour nearly $5 billion into building an electric battery plant in China, as the country's top privately-owned carmaker moves more aggressively to bolster its electric vehicle ambitions in the world's largest market.
The company will invest 30 billion yuan ($4.6 billion) into a battery factory in Ganzhou, a city in eastern China, according to a statement released Sunday by the local government. The factory will have a capacity of 42 gigawatt-hours per year, the statement said. That's similar in scale to the factories Germany's Volkswagen (VLKAF) said Monday it would build in Europe. Geely confirmed in a statement on its WeChat account that it signed the agreement over the weekend. It added that it had already been working with Farasis Energy, a local battery company.
Minneapolis police killing of George Floyd more than five years ago continues to cast a long shadow over the Twin Cities and has colored the response to last week’s killing of Renee Good by an ICE agent.
Public opinion on nearly every aspect of President Donald Trump’s first year back in the White House is negative, a new CNN poll conducted by SSRS finds, with a majority of Americans saying Trump is focused on the wrong priorities and doing too little to address cost of living.
Jacob Frey delivered a stern message one week ago to federal agents following the deadly shooting of a Minnesota woman who was protesting their efforts to round up immigrants in the state. “Get the f**k out of Minneapolis,” Frey said.
Tensions flared in Minneapolis again Thursday in the wake of a second shooting by a federal immigration officer in just one week, as President Donald Trump threatened to invoke a centuries-old law that would allow the deployment of US troops to Minnesota.
When Venezuela’s opposition leader María Corina Machado walked into the White House on Thursday, she came bearing the gift US President Donald Trump has long coveted: a Nobel Peace Prize.
Dolls, pencils, backyard chickens and ‘a piece of broccoli’: The Trump team’s awkward austerity talk
Amid the European debt crisis in the early 2010s, a Fox News pundit named Donald Trump warned about a backlash against leaders asking people to tighten their belts.
The longtime government contractor whose activity prompted the controversial search of a Washington Post reporter’s home acknowledged he mishandled classified information, prosecutors said, according to a court hearing transcript obtained by CNN.
President Donald Trump has been threatening to invoke the Insurrection Act for a very long time. Dating back to his first term, he has repeatedly floated the rarely invoked law, which gives a president extraordinary powers to dispatch the military to put down domestic unrest.
Haitian security forces on Wednesday bombed three houses belonging to top gang leader Jimmy “Barbecue” Cherizier, local outlet Gazette Haiti reported on Wednesday, after unverified footage showed a large explosion in the capital Port-au-Prince.
Depending on how the department chooses to implement the change, costs could range from $10 million to $125 million, the CBO said in a letter to two Democratic senators.
Tensions flare in Minneapolis after federal agent shoots and injures man who allegedly assaulted him
Law enforcement and demonstrators clashed last night near where a federal agent shot and injured a man after he allegedly assaulted the agent. The city is reeling over last week’s fatal shooting by an ICE agent of Renee Good sparked nationwide protests. Follow for live news updates.
President Donald Trump seems to be running out of ways to assure everyone that he’s dead-serious about taking over Greenland.
Three-quarters of Americans say they oppose the US attempting to take control of Greenland, according to a new CNN poll conducted by SSRS, indicating that President Donald Trump’s push to expand America’s territory faces stiff headwinds with the public.