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FILE PHOTO: Charging station for electric vehicles in Pasadena

Corporate investors pile into electric vehicle startups

Corporate investors from outside the auto industry are placing increasing bets on electric vehicles, vying with automakers and suppliers to bankroll startup companies working on everything from advanced batteries to charging devices and all-new EVs.

FILE PHOTO: GM CEO Barra speaks to media after a meeting with Michigan...

GM bucks gloomy earnings forecast trend, shares jump

General Motors Co executives on Friday bucked gloomy forecasts for growth and sent the automaker's shares soaring, promising investors stronger 2019 earnings and outlining ambitious plans for its Cadillac brand to challenge Tesla Inc in the growing electric vehicle market.

VW e-Golf electric car charges outside the Transparent Factory in Dresden

Exclusive: VW, China spearhead $300 billion global drive to electrify cars

Global automakers are planning a $300 billion surge in spending on electric vehicle technology over the next five to 10 years, with nearly half of the money targeted at China, accelerating the industry's transition from fossil fuels and shifting power to Asian battery and electric vehicle technology suppliers.

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Stock markets mixed in Asia, pound finds some peace

Asian stocks nudged higher on Thursday after see-sawing through a subdued session on concerns over China's economic outlook, while an anti-climactic end to the latest chapter in the Brexit saga offered sterling a moment's peace.