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Toyota to build 10.3 mln vehicles globally in ’24
Toyota Motor is set to produce around 10.3 million vehicles across the globe in 2024, Reuters reported on Monday,…
Microsoft overthrows Apple as global market cap leader
Microsoft Corp. has overthrown Apple Inc. as the global market capitalisation leader, with its focus on generative…
AI may impact 40% of jobs around globe – IMF chief
Artificial Intelligence (AI) will affect around 40 per cent of jobs around the world, “replacing some and…
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…