Amid new leadership changes, Toyota is reshuffling its business structure, claiming the “time is right” to accelerate battery electric vehicle (BEV) development. Toyota says it will take a new EV-first approach, starting with its luxury brand Lexus. Last week, Electrek reported Toyota’s longtime CEO Akio Toyoda was stepping down from his position amid mounting pressure
Ford is expected to announce today a new LFP battery factory in the US in partnership with China’s CATL. The automaker has called a press conference this afternoon where it is expected to give an update on how it plans to scale its electric vehicle business. As part of the announcement, it is now expected
Tesla has secured a massive new 1 GWh Megapack order for a large-scale energy storage project in Canada. Back in 2019, Tesla launched the Megapack; it was Tesla’s third stationary energy storage product after the Powerwall and Powerpack. A single Megapack unit is a container-sized “3 MWh battery system” with integrated modules, inverters, and thermal systems.
China has claimed US high-altitude balloons have flown over its airspace more than 10 times over the past year. Beijing has made the claim after Washington accused China of operating a fleet of surveillance balloons around the world. The development comes a day after US jets shot down a fourth flying object that the Pentagon
Tesla is preparing to launch its new Autopilot hardware 4.0 upgrade, according to a filing with European regulators. The automaker is expected to announce a new Autopilot/Self-Driving hardware suite, which has been referred to as Hardware 4.0 (HW4), any day now. There have been quite a few indications that some major changes are coming. For
Prime Minister Rishi Sunak still supports BBC chairman Richard Sharp, despite revelations about the part he played in securing an £800,000 loan for Boris Johnson, his spokesman has said. Mr Sharp took the role in February 2021 after being recommended by then-PM Mr Johnson and having his appointment approved by a committee of MPs. But
The Philippines has accused a Chinese coast guard ship of hitting a Philippine coast guard vessel with a military-grade laser and temporarily blinding some of its crew in the disputed South China Sea. In an incident which it called a “blatant” violation of Manila’s sovereign rights, the Chinese ship reportedly manoeuvered dangerously close, about 137m
In this article PDD Follow your favorite stocksCREATE FREE ACCOUNT An ad spot during the Super Bowl costs millions of dollars. Temu, the U.S. shopping site launched by China’s PDD Holdings Inc., ran a 30-second ad during the game titled “Shop Like A Billionaire,” highlighting its ambitions to crack the international e-commerce market. Jevone Moore
The Kansas City Chiefs fought back to beat the Philadelphia Eagles in a classic Super Bowl that will be remembered as one of the greatest of all time. The Chiefs’ quarterback Patrick Mahomes shrugged off an ankle injury to lead his side to a dramatic 38 to 35 victory and claim their second Super Bowl
Britain’s biggest luxury yacht-builder is being sold to new private equity backers 15 years after it last changed hands. Sky News has learnt that Princess Yachts, which is based in Plymouth, is being sold to KPS Capital Partners, a US-headquartered investor which specialises in owning manufacturing businesses. Sources said a deal could be struck as
Tesla is again adjusting pricing for its electric vehicle in the US – making it the fourth time in just over a month. It’s starting to be difficult to keep up with Tesla’s price changes lately. As we previously reported, Tesla started the month by implementing drastic cuts across its entire EV lineup, with Model Y
Feb 11, 2023 Former UFC women’s strawweight champion Jessica Andrade will fill in for Taila Santos in the UFC Fight Night main event Feb. 18 in Las Vegas, the promotion announced Saturday. Andrade will face top prospect Erin Blanchfield in a women’s flyweight contender bout. Santos’ cornermen, including her husband, Pedro Barbosa, were denied visas
The US has shot down another unidentified object that it says flew near sensitive military sites and could have been used for spying. It was downed over Lake Huron in Michigan at 2.42pm local time on Sunday on President Biden‘s orders. A US F-16 jet fired a missile at about 20,000ft amid concerns that its
As the death toll from the earthquake in Syria and Turkey continues to rise, development minister Andrew Mitchell defends the government’s cuts to the international aid budget as Conservative MP John Redwood calls for tax cuts at home. Plus, SNP MP John Nicolson and member of the DCMS select committee says Richard Sharp’s position is
The corporate vice president of Xbox has told Sky News “there’s no silver bullet” to protect women and minority groups on the internet who experience online harassment and abuse. Dave McCarthy said it takes just one toxic experience on a platform and “your trust in an online space dissipates immediately, as it should”. In an
Subaru has issued another recall on its first electric car, the Solterra, due to undertorqued hub bolts, related to the previous recall which encompassed both the Solterra and bZ4X. 1,182 cars are affected, and Subaru has told owners not to drive their cars until the issue can be resolved. Subaru says the issue was caused
The BBC chairman’s position is becoming “increasingly untenable” after a committee of MPs found he made “significant errors of judgement” by facilitating a loan guarantee for Boris Johnson, a frontbench Labour MP has said. Lisa Nandy made the remarks on Sky News after it emerged Richard Sharp, who helped Mr Johnson secure an £800,000 loan,
BBC chairman Richard Sharp made “significant errors of judgement” by facilitating an £800,000 loan guarantee for Boris Johnson, a cross-party committee of MPs has found. The committee said Mr Sharp should “consider the impact his omissions will have” on public trust in the broadcaster after he failed to declare his role as a go-between for
BBC chairman Richard Sharp made “significant errors of judgement” by facilitating an £800,000 loan guarantee for Boris Johnson, a cross-party committee of MPs has found. The committee said Mr Sharp should “consider the impact his omissions will have” on public trust in the broadcaster after he failed to declare his role as a go-between for
Justin Trudeau has ordered the “take down” of an “unidentified object” that “violated” Canadian airspace. The country’s prime minister tweeted that both Canadian and US aircraft were scrambled. A US F-22 stealth fighter jet, sent by the North American Aerospace Defense Command (NORAD), “successfully fired at the object”, Mr Trudeau said. It was taken down