Showing 1 - 10 of 82
Tough US emissions rules to speed EV shift
AFP, Published on 12/04/2023
» NEW YORK: President Joe Biden's administration unveiled new proposed auto emissions rules on Wednesday, aiming to accelerate the electric vehicle transition with a target of two-thirds of the new US car market by 2032.
Tesla to invest about $5bn in Mexico plant
AFP, Published on 01/03/2023
» MEXICO CITY: American electric car maker Tesla will invest about US$5 billion in a massive new factory in the northern Mexican city of Monterrey, a senior government official said Tuesday.
Hertz to buy some 175,000 GM EVs through 2027
AFP, Published on 21/09/2022
» NEW YORK: US rental car giant Hertz will buy up to 175,000 electric vehicles from General Motors by the end of 2027, the companies announced Tuesday, as the auto industry grapples with concerns over climate change and petroleum dependency.
JPMorgan Chase says US economy still solid, but risks rising
AFP, Published on 14/04/2022
» NEW YORK: JPMorgan Chase said the US economy remains on solid footing in the short term, but warned of heightened longer-term risks due to inflation and the Ukraine war as it reported lower quarterly profits.
Chip crisis pushes European car sales to new low
AFP, Published on 18/01/2022
» PARIS - EU car sales fell to a new low last year as the auto sector was hobbled by the Covid pandemic and a shortage of computer chips, industry figures showed Tuesday.
Toyota overtakes GM to lead US auto sales for 2021
AFP, Published on 05/01/2022
» NEW YORK - Japanese carmaker Toyota led US automobile sales in 2021, according to figures released Tuesday, overtaking General Motors for the first time as a shortage of semiconductors roils the car industry.
Tesla delivers almost 1m cars globally
AFP, Published on 03/01/2022
» WASHINGTON: Tesla said Sunday it delivered nearly 1 million vehicles in 2021, almost twice as many as in the previous year, results that were better than expected despite global supply challenges.
Northvolt opens Europe's first homegrown battery gigafactory
AFP, Published on 29/12/2021
» STOCKHOLM - Swedish battery group Northvolt said Wednesday it has launched its "gigafactory" in northern Sweden, the first of its kind to be undertaken by a European company on the continent.
US sues to block chipmaker Nvidia's $40bn merger with UK's Arm
AFP, Published on 03/12/2021
» WASHINGTON: US regulators filed a lawsuit Thursday to block the $40-billion merger of graphics chip star Nvidia with mobile chip technology powerhouse Arm Ltd, fearing it would undermine competition.
Jordanian company dives into Arabic mobile games market
AFP, Published on 24/10/2021
» AMMAN - Its logo is a tomato, not an apple, but in just eight years Jordanian company Tamatem has already bitten a chunk out of the lucrative market for Arabic mobile games.