BYD Pressures Suppliers for 10% Price Drop to Stay Ahead in China's Tough NEV Market

Nov 28, 2024 00:40 am UTC| Economy Technology Business

Chinas NEV giant BYD is urging suppliers to slash prices by 10% starting January 2025 to sustain its edge in an increasingly competitive market. The move underscores a growing trend of cost reductions as the company...

Paul Watson vs Japan: Disrupting the whaling industry’s logistics – and logic

Nov 28, 2024 00:17 am UTC| Insights & Views Business

Paul Watson, the iconic environmental activist and founder of the organisation Sea Shepherd, is no stranger to clashes with corporations and governments. Known for his bold and often controversial actions, he has dedicated...

How much for cash? Why the informal economy is bad for business, consumers and society

Nov 28, 2024 00:15 am UTC| Insights & Views Business

Who hasnt heard someone ask, How much for cash? While it may seem harmless, research reveals such demands contribute to a growing culture of informality in business. This grey economy, where economic activities occur...

AI Revolution Series

Social media companies won’t be able to compel people to provide digital or government-issued ID to verify age

Nov 28, 2024 00:13 am UTC| Insights & Views Business

Big tech platforms wont be able to compel people to provide digital ID or government-issued identification documents such as a passport, when verifying age for social media accounts. The government is inserting this...

Tesla Testing Cybercab at Giga Texas: Self-Driving Robotaxi Inches Closer to 2025 Production

Nov 27, 2024 19:54 pm UTC| Technology Business Economy

Teslas Cybercab has been spotted undergoing tests at Giga Texas, showcasing its self-driving capabilities and hinting at a potential production start as early as 2025. This follows reports of production equipment arriving...

Hyundai’s $479M Malaysia Push: EV Ecosystem, Battery Plant, and Staria Minivan Production Expansion

Nov 27, 2024 19:30 pm UTC| Economy Technology Business

Hyundai Motor is committing $479 million to Malaysia over the next five years to expand its electric vehicle ecosystem, establish a battery manufacturing facility, and increase production of its Staria MPV. The investment...

Plastic pollution: Why doing nothing will cost us far more than taking action

Nov 27, 2024 05:33 am UTC| Insights & Views Business

When you buy a bottle of Coca-Cola or a Snickers bar, the price probably doesnt break the bank. But what if the true cost of the plastic packaging is taken into account at the supermarket checkout? Say, for example, the...