Uber and Baidu Partner to Test Robotaxis in the UK, Marking a New Milestone for Autonomous Ride-Hailing 
South Korean Court Clears Korea Zinc’s $7.4 Billion U.S. Smelter Project, Shares Surge 
U.S. Dollar Slips as Yen Finds Support on Intervention Signals and Geopolitical Risks Rise 
China Keeps Benchmark Lending Rates Steady as Economic Outlook Remains Cautious 
Hanwha Signals Readiness to Build Nuclear-Powered Submarines at Philly Shipyard for U.S. Navy 
Gold Price Breaks $4,500 as Safe-Haven Demand and Rate Cut Bets Fuel Rally 
Waymo Plans Safety and Emergency Response Upgrades After San Francisco Robotaxi Disruptions 
John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training 
BP Nears $10 Billion Castrol Stake Sale to Stonepeak 
UBS Warns of Short-Term Risks as Precious Metals Rally to Record Highs 
U.S. Stocks Rally to Record Highs as AI Rebound Fuels Holiday-Shortened Session 
Asian Markets Rise as AI Rally Caps 2025, Gold and Silver Hit Record Highs 
Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions 
Eli Lilly and Novo Nordisk Battle for India’s Fast-Growing Obesity Drug Market 
UK Economy Grows 0.1% in Q3 2025 as Outlook Remains Fragile 
German Exports to the U.S. Decline Sharply as Tariffs Reshape Trade in 2025 
Ford is ramping up investment in electric vehicles from the $22 billion target set in February to over $30 billion by 2025, expecting 40 percent of volume by 2030 to be comprised of fully electric vehicles.
The US automaker said it will increase investment in electric vehicles, components, and infrastructure to more than $30 billion by 2025, boosting the amount from the $22 billion target set in February.
Ford has received 70,000 reservations from customers of its all-electric version of its F-150 truck just a week after it was unveiled.
Ford CEO Jim Farley said that selling electric vehicles is the company's biggest opportunity for growth and value creation since Henry Ford started to scale the Model T.
Farley and other executives presented the plans in a virtual meeting with financial analysts and other stakeholders.
Besides the F-150, Ford has begun selling the electric Mustang Mach-E sport utility vehicle and the E-Transit cargo van.
The company is also in a joint venture with South Korea's SK Innovation to produce batteries, to reduce battery costs by 40 percent by 2025.
Industry analyst Karl Brauer of used car site iSeeCars said that while other carmakers are pledging higher EV numbers, none were relying on trucks and SUVs sales as heavily as Ford.
