Cape Verde starts tourism resumption with security guarantee

By Ben Klayman DETROIT, April 16 (Reuters) - General Motors Co GM.N and South Korean joint-venture partner LG Energy Solution on Friday said they will build a second U.S. battery cell manufacturing plant, revealing plans for a $2.3 billion factory in Spring Hill, Tennessee. The planned 2.8 million-square-foot plant, scheduled to open in late 2023, will employ 1,300 people and will have production capacity of about 35 gigawatt-hours, similar to the companies' Ultium Cells joint-venture plant in Lordstown, Ohio, as they move to respond to the growing demand in the electric vehicle market. The plant's capacity would enable it...

While the tech giants are yet to start selling their own cars, reports suggest they could soon launch products that combine hardware and software as the electric vehicle race heats up. Shares of Daimler have skyrocketed over the last 12 months, up more than 173% year-on-year to trade at 75 euros ($89) per share on Thursday. However, Daimler’s market cap has crashed to just 80 billion euros today from around 185 billion euros in 1998. Meanwhile, Tesla’s market cap has soared to $694 billion. LONDON — The chief executive of...