Ford signed into a memorandum of understanding (MoU) to establish a new joint venture Tuesday with LG Energy Solution and Koç Holding. The JV plans to build one of Europe’s largest commercial EV battery cell facilities, with up to 45 GWh in potential annual production capacity. Last year, Ford announced it would become an all-electric
Tesla is shifting its battery cell production capacity from Germany to the US as it expects that it is going to be more useful there, giving the automaker’s buyers access to the $7,500 federal tax credit. For the last three years, Tesla has been working to build its battery cells with a new 4680 format.
After building the anticipation, Hyundai has finally revealed prices for its electrified streamliner sedan everyone’s been talking about. The Hyundai IONIQ 6 will have a starting MSRP of $41,600, with most trim levels available at US dealerships starting this spring. Hyundai’s second electric vehicle, behind the wildly popular IONIQ 5, is about ready to hit
The boss of Australian football has urged King Charles to come to the Women’s World Cup that his country is co-hosting with New Zealand. The FIFA tournament opens on 20 July in Auckland and the final is in Sydney on 20 August when European champions England will be trying to win the world prize for
Russia’s president had a message of defiance for the West as he suspended participation in the last major nuclear arms control treaty with the United States. Vladimir Putin also vowed to conduct nuclear weapons tests if Washington chose to do so and challenged the nuclear weapons posture of the UK and France. If anyone in
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., center, departs from federal court in San Jose, Calif., on Dec. 20, 2022. David Paul Morris | Bloomberg | Getty Images Meta’s new Verified subscription service could land nearly 12 million subscribers by 2024, according to a Bank of America (BoFA) research note published Tuesday. Meta
Uber Freight is teaming up with California-based WattEV, an electric trucking and charging infrastructure company, to launch the company’s first zero-emission electric truck pilot. Uber Freight announces its first electric truck pilot “Electric trucks are finally here,” Uber Freight head of sustainability Illina Frankiv declared after announcing the collaboration. Uber’s (the rideshare company) commercial trucking
With buyers’ preference for zero-emission electric vehicles soaring, Toyota looks to (finally) join the movement. Toyota is expected to begin producing electric SUVs in the US in 2025 as it aims to capture a piece of the booming market. Toyota to make US-built electric SUVs from 2025 After falling far behind the industry over the
The Royal College of Nursing says it will pause strike action as it enters “intensive talks” with ministers over pay. RCN members in England were set to walk out for 48 hours from 1-3 March, including by emergency departments for the first time, as part of the long-running dispute with the government over pay and
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk, chief executive officer of Tesla Inc., departs court in San Francisco, California, on Tuesday, Jan. 24, 2023. Marlena Sloss | Bloomberg | Getty Images Following Elon Musk’s recent victory in a securities fraud trial, the Tesla CEO’s lawyer has once again asked an
Wales’ Six Nations match against England on Saturday will go ahead after potential strike action from Welsh players over a contract dispute was averted. Discussions between the Welsh Rugby Players Association (WRPA) and Professional Rugby Board (PRB) had been ongoing since January, after players said they felt they had been “let down” amid delays over
Joe Biden has said Vladimir Putin expected his enemies to “roll over” when he invaded Ukraine but was met with the “iron will” of its allies – as the Russian president suspended a key nuclear treaty with the US after accusing the West of starting the war. The American president gave a highly-anticipated speech from
Vladimir Putin thought his enemies would “roll over” but instead he “met the will of America and nations everywhere who refused to accept a world governed by fear”, Joe Biden has said. The US president gave a speech from the gardens of Warsaw’s Royal Castle in Poland a day after he made a highly-secretive and
Tesla has signed a deal with Magnis Energy Technologies, an interesting new battery technology company based in Australia. It could become an important partner for the automaker. Magnis announced today that it signed an anode active materials (AAM) offtake agreement with Tesla: Magnis Energy Technologies Ltd (“Magnis”, or the “Company”) (ASX: MNS; OTCQX: MNSEF; FSE:
When one carmaker controls over 60% of the EV market, any price changes can reverberate through the industry. In this case, Tesla’s steep price cuts combined with gaining access to federal tax credits have sent shockwaves through the industry. Let’s take a look at the first price drops from legacy automakers… According to KBB, the
In this article SAE-GB Follow your favorite stocksCREATE FREE ACCOUNT This image, from 2017, shows one of the MeyGen project’s tidal stream turbines. The MeyGen array has a total of four turbines. Chris Ratcliffe | Bloomberg | Getty Images The emerging tidal power sector seems to have taken another step forward — an Edinburgh-headquartered firm
Wales have delayed their squad announcement ahead of taking on England in the Six Nations on Saturday, amid ongoing uncertainty of potential strike action. The row surrounds player contracts, with players saying they do not have long-term certainty as part of a new deal from the Professional Rugby Board (PRB). The squad announcement was due
Japan is considering raising the age of consent from 13 to 16 as part of an overhaul of the country’s sex crime legislation. The age of consent in Japan has remained unchanged since 1907 and is one of the lowest in the world – and among all G7 nations. In Germany and Italy it is
Vladimir Putin has blamed the West for starting the war in Ukraine and claimed Russia responded with force “in order to stop it”. In a speech describing his aims as the first anniversary of the conflict nears, the Russian president said Ukraine was in talks with the West about weapons before Russia invaded its neighbour
Feb 20, 2023 Associated Press TROIS-RIVIERES, Quebec — If you enjoy do-or-die showdowns between acrimonious rivals, circle Wednesday on your calendar. After the United States took the first three games of the seven-game national women’s Rivalry Series, Canada has bounced back with three consecutive wins, including Monday night’s 5-1 victory at the sold-out Colisee Videotron.