A lack of resources means battery electric vehicles (BEV) cannot be the auto sector’s only answer to climate change, Toyota Motor Corp’s top scientist said Thursday, warning that focusing on BEVs could lead some drivers to hold onto polluting vehicles.
U.S. President Joe Biden and Japan’s Fumio Kishida met for talks in the deeply symbolic city of Hiroshima on Thursday, aiming for closer cooperation in the face of an ascendant China and an unpredictable Russia they see as threatening the post-war order.
Apple Inc has lowered sales estimates for its long-awaited mixed-reality headsets by about two-thirds, Bloomberg News reported on Thursday, citing people familiar with the matter.
The U.S. Supreme Court on Thursday refused to clear a path for victims of attacks by militant organizations to hold social media companies liable under a federal anti-terrorism law for failing to prevent the groups from using their platforms, handing a victory to Twitter Inc.
The U.S. Supreme Court on Thursday sidestepped a challenge to federal protections for internet and social media companies that free them of liability for content posted by users in a case involving a lawsuit against Google LLC involving the practices of video-sharing platform YouTube.
Tesla Inc has held discussions with officials about incentives being offered by India for car and battery manufacturing, said a person with direct knowledge of the talks, as the automaker looks anew at entering the Indian market.
Britain will ensure that batteries needed to power electric vehicles (EVs) are produced domestically, finance minister Jeremy Hunt said on Thursday, a day after carmakers warned insufficient production could hurt investment in the country.
Private-equity firms Francisco Partners and TPG are jointly planning a bid of more than $5 billion to acquire U.S. business software company New Relic Inc , a person familiar with the matter told Reuters on Wednesday.
Micron Technology Inc said on Wednesday it plans to invest up to 500 billion yen ($3.70 billion) in extreme ultraviolet (EUV) technology over the next few years with support from the Japanese government.
China’s second-largest chip foundry, Hua Hong Semiconductor Ltd , said it had received Shanghai Stock Exchange approval for a planned public share sale worth $2.6 billion, which would be the year’s biggest mainland listing so far.
