Electric vehicles

Tesla recalls 1.1 million vehicles in US to update window reversing software

Because the window automated reversal system may not respond appropriately after sensing an obstruction, increasing the risk of damage, Tesla (TSLA.O) is recalling nearly...

Volkswagen plans 75 billion euro valuation in Porsche IPO

In what will be the second-largest initial public offering (IPO) in Germany's history, Volkswagen stated on Sunday that it aims to value Porsche at...

GM to boost EV production with $491 mln

At its Marion metal stamping facility in Indiana, General Motors Company announced on Thursday that it would invest $491 million to increase production of...

Mercedes-Benz to sack 3,600 employees in Brazil

In response to pressure on its output, Mercedes-Benz announced on Tuesday that it will lay off 3,600 workers in a restructure of its truck...

Aston Martin raising $660 million fund in rights issue

As significant investors, notably Saudi Arabia's national wealth fund, continue to believe in the struggling luxury British carmaker, Aston Martin, the company is raising...

Ford recalls 198k SUVs from US due to risk of fire

Following complaints of 25 fires, Ford Motor Co. (F.N) announced on Thursday that it is recalling 198,000 SUVs in the United States to replace...

Global vehicle output of Toyota falls again

As a result of COVID outbreaks, extreme weather, a recall investigation, and a lingering chip shortage, Toyota Motor Corp. reported on Tuesday that its...

Australia to increase electric car availability by reducing automobile emissions

The Australian government announced on Friday that, in an effort to catch up with other developed economies, it would enact new restrictions aimed at...

Twitter lawsuit looms, Musk sells Tesla shares worth $6.9bn

Elon Musk, CEO of Tesla, has sold an additional 7.92 million Tesla shares for approximately $6.88 billion (£5.7 billion). According to regulatory documents, the sales...

Latest articles

Increase in oil, gas activities cast shadow on Paris climate goals

The United States leads this surge in activity, which contradicts the International Energy Agency's (IEA) previous assertion that to prevent exceeding 1.5 degrees Celsius...

Oxford English Dictionary adds 23 new Japanese words

The inclusion of 23 Japanese words into the Oxford English Dictionary (OED) marks a significant acknowledgment of the deep cultural exchanges between Japan and...

Two bodies recovered in Baltimore bridge collapse

The recovery of two men from beneath the Baltimore bridge, following its collapse due to a container ship collision early Tuesday, was confirmed on...

Olympics exhibition sets in Paris; heroes displayed

From the propaganda displays at the 1936 Berlin Olympics to the poignant protest by Tommie Smith and John Carlos at the 1968 Mexico City...