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Apple cuts iPhone 15 prices in China
Apple cut the prices for iPhone 15 in China by 500 yuan ($70) in light of growing competitive pressure in the…
BYD، Brazil’s Sigma Lithium JV likely
Chinese automaker BYD is in talks with Brazil’s Sigma Lithium for a supply deal and a joint venture or acquisition,…
Hertz to sell 20,000 EVs, shift back to gas-powered cars
Hertz Global Holdings Inc. is planning to sell 20,000 EVs, almost a third of its EV fleet, to reinvest in…
ABB buys Swiss tech company to boost industrial robots
ABB bought Sevensense, a Swiss start-up specialising in boosting the mobility of industrial robots, in the latest…
Google lays off hundreds of employees to cut costs
Alphabet’s Google announced it would lay off hundreds of employees across various teams as the company continues to…
Global electric car sales rise 31% in ‘23
The global fully electric and plug-in hybrid car sales soared by 31 per cent in 2023, down from 60 per cent growth…
Uber, KIA sign EV partnership
Uber, the U.S. ride-hailing platform, signed a partnership with South Korea’s KIA to produce electric vehicles…
Samsung ’23 Q4 profits drop 35%
Samsung net profits for Quarter four (Q4) of 2023 dropped by 35 per cent as weak consumer demand persists, Reuters…
Honda to establish $14 bln EV plant in Canada
Honda Motor Co. is set to establish an electric vehicle (EV) plant in Canada worth two trillion yen ($13.83…
Apple iPhone sales in China drop 30% in 1st week of ’24
Apple’s iPhone sales in China fell by 30 per cent in the first week of 2024, amid competitive pressures from…