With the success of Tesla and the rapid introduction of competing electric vehicles from mainstream auto manufacturers, it looks like there’s new competition coming from an unlikely source: e-commerce. Chinese heavyweight Alibaba Group Holding is launching a new electric sedan.
President-elect Joe Biden is days away from inauguration, and clean energy and infrastructure companies are enjoying notable gains on Wall Street in anticipation of the new administration’s programs. Biden plans to re-enter the Paris Climate Agreement, reversing the Trump administration withdrawal.
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