The Hyundai Motor Group revealed Tuesday plans to become a top three global EV producer by 2030 with a new roughly $18 billion domestic investment (KRW 24 trillion) to spark growth. After surpassing General Motors (GM), Nissan, and Stellantis in annual sales volume in 2022, Hyundai is emerging as a real threat in the auto
German automaker Volkswagen Group is looking to more than double its current share of the US market by prioritizing EV production in North America. By adhering to new terms laid out in the Biden Administration’s Inflation Reduction Act, Volkswagen intends to deliver at least 25 all-electric models over the next seven years that will qualify
New Zealand’s first solar-powered electric, stratospheric aircraft was launched using an Audi e-tron S Sportback. The “Kea Atmos Mk1” from Kea Aerospace is designed to collect high-resolution aerial data to monitor the weather, tree health, and pollution, among other agricultural uses. Kea Aerospace has been building and flying electric-powered aircraft to collect insights and data
Tesla has launched its “next-gen Megapack controls platform,” which it claims enables faster deployment and commissioning of large-scale energy storage systems than its competitors. Megapack has become the go-to battery system for electric utilities looking to deploy large-scale energy storage, whether to stabilize the grid or take better advantage of renewable energy. The battery system has
A new Tesla Solar Roof installation that includes Tesla’s entire energy ecosystem is giving us a glimpse at the house of the future when it comes to energy. There’s a clear shift in the market toward home energy independence. The shift to renewable energy is allowing homeowners to produce their own energy, and now, with
Police bodycam footage has shown the moment a gunman opened fire at a Louisville bank – killing five colleagues. Connor Sturgeon, 25, was shot dead by police following the attack at the Old National Bank in the Kentucky city on Monday morning. Two patrol officers who responded to the shooting were among eight wounded, with
11:20 AM ET NFL fans without a satellite TV provider can see every out-of-market regular-season game this year with the subscription service Sunday Ticket for the first time ever. YouTube TV won the bidding for the rights in 2023, marking a major shift in game broadcast services, and set the initial price at $249 for
12:15 PM ET Despite changing agents, Cleveland Browns cornerback Greg Newsome II doesn’t want to be traded, according to his agent. “Greg is happy to be with the Browns,” his new agent, Drew Rosenhaus, told ESPN’s Adam Schefter on Tuesday after meeting with the team. “Everything was very positive and Greg is happy with his
In this article GOOG Follow your favorite stocksCREATE FREE ACCOUNT An Android statue is displayed in front of a building on the Google campus on January 31, 2022 in Mountain View, California. Google parent company Alphabet will report fourth quarter earnings on Tuesday after the closing bell. Justin Sullivan | Getty Images Google no longer
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Chromecast with Google TV Google Google announced on Tuesday that it’s adding more than 800 free channels to its Google TV app on the Chromecast and select TVs made by Sony, CL, Hisense and Philips. Google’s aggregation of several existing free TV services like Fox’s
Uber has banned a driver after he was allegedly videoed with his trousers down while next to a young woman in the back of a vehicle. A spokesperson for the ride-hailing app said the tech company was “horrified by what is depicted in the video”. The firm also said that it had launched an investigation
Ford revealed during a media conference call on Tuesday that it plans to retool and transform its Oakville assembly plant in Ontario to prepare for the auto industry’s future. The facility will be renamed the Oakville EV complex to represent its role in the company better. Ford to build EVs and battery packs at Oakville
You can actually get more of a sense of the mood at the International Monetary Fund (IMF) from looking not at their latest forecasts, but at the kind of vocabulary they’re using around them. Words like “ominous”, “perilous” and “significant vulnerabilities” rather sum it up. The IMF is getting very nervous about the state of
8:00 AM ET Leon Edwards made his first appearance in the ESPN men’s pound-for-pound top 10 last August following his stunning dethroning of UFC welterweight champion Kamaru Usman. Now Edwards has moved into the top five, after defending the belt with another win over Usman on Saturday. Edwards (21-3, 1 NC) is unbeaten in his
Joe Biden will hold a bilateral meeting with Rishi Sunak today after arriving in Northern Ireland last night to mark the 25th anniversary of the Good Friday Agreement. Mr Sunak greeted Mr Biden after Air Force One landed at Belfast International Airport for the US president’s four-day visit to the island of Ireland. The two
6:50 AM ET Chicago Bears general manager Ryan Poles was a popular figure at the scouting combine in Indianapolis in late February, thanks to owning the No. 1 draft pick and the most salary cap space in the NFL. He was so popular, in fact, he had to change hotels. “With the first overall pick,
The world economy is entering a “perilous phase” of low economic growth and high financial risk, the International Monetary Fund has warned in its latest set of assessments. The IMF, which is holding its spring meetings in Washington this week, downgraded its outlook for global growth and said its medium term forecast for economic output
COVID-19 has dropped out of the top five leading causes of death in England and Wales for the first time since the start of the pandemic. The virus was the sixth leading cause of death in 2022, down from the leading cause in both 2020 and 2021, with 73,766 deaths (12.1% of all deaths) and
Police have returned to the scene where the body of Nicola Bulley was found. Divers are back in the River Wyre where the mum of two’s body was spotted by two dog walkers on 19 February, following a huge police investigation. Lancashire Police confirmed that they were carrying out some work at the direction of
Police Scotland says it is investigating reports of “threatening and abusive” messages sent to referee Kevin Clancy following Saturday’s Old Firm derby. The Scottish Football Association (SFA) said the referee’s contact details were published online after the premiership clash in which Celtic beat Rangers 3-2. The SFA said it had referred a “significant volume of