Who benefits from US tariffs on Chinese imports? Experts weigh in | US Election 2024 News
The trade war between the United States and China continued this week with its latest salvo – a move that comes amid a heated race…
When will EVs become mainstream in the US? | Automotive Industry
Robert Blake, a tribal citizen of Red Lake Nation in Minnesota, watched for years as fossil fuel companies built pipelines through his homelands. “How can…
Japan’s Toyota posts record profit as bet on hybrids pays dividends | Automotive Industry
Japanese car giant says net profit reached 4.94 trillion yen ($31.9bn) in the year to March. Toyota has reported record profit and sales figures on…
Elon Musk floated robotaxi launch in China, Chinese state media says | Automotive Industry
Tesla CEO last month made an unannounced visit to Beijing for talks with Chinese Premier Li Qiang. Elon Musk suggested testing Tesla’s full self-driving feature…
Tesla asks shareholders to restore Elon Musk’s $56bn pay deal | Automotive Industry
Tesla Chair Robyn Denholm says company believes in ‘big risks for the chance of big rewards’. Tesla has asked shareholders to reapprove a record-breaking $56bn…
Tesla to lay off more than 10 percent of staff worldwide amid falling sales | Automotive Industry News
CEO Elon Musk says in memo that job cuts will leave firm ‘lean, innovative and hungry for the next growth phase cycle’. Electric carmaker Tesla…
Tesla settles lawsuit over fatal car crash for undisclosed amount | Automotive Industry
The settlement avoids jury trial months ahead of Tesla’s scheduled release of a self-driving taxi. Electric carmaker Tesla has settled a lawsuit brought by the…
Japan’s Nissan, Honda to partner on EVs to challenge Chinese, reports say | Automotive Industry
Japanese carmakers have struggled to keep up with their Chinese rivals in the fast-growing EV market. Japan’s Nissan is seeking a business partnership with Honda…
As corporate America pivots to AI, consumers rejected for loans, jobs | Technology
New York City – Rachel S lives in a walkable neighbourhood in Brooklyn, New York. Most days she is able to live comfortably without a…
Carmakers at risk of using Uighur forced labour in China, HRW says | Automotive Industry
Taipei, Taiwan – Top carmakers, including General Motors, Toyota, Volkswagen, Tesla and BYD are at a high risk of using aluminium produced by forced labour…