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MARKET MOVERS

  • YouTube tests new hub of free streaming channels. The Alphabet Inc.-owned video platform is in talks with entertainment companies about featuring their shows and movies in the hub of cable-like channels and is testing the concept with a small number of media partners, according to people familiar with the discussions. It could launch the offering more broadly later this year.*
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  • EVs made Up 10% of all new cars sold last year. Worldwide, sales of electric vehicles crossed a key milestone last year, achieving around 10% market share for the first time. Global sales of fully electric vehicles totaled around 7.8 million units,* an increase of as much as 68% from the previous year. While EVs still make up a fraction of car sales in the U.S., their share of the total market is becoming substantial in Europe and China.

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