
Toyota Targets BYD and Chinese Rivals with Shanghai EV Factory for Lexus Production by 2027
Dec 23, 2024 23:36 pm UTC| Economy Technology Business
Toyota is reportedly planning a new EV factory in Shanghai to independently produce Lexus models, starting in 2027. The move comes as the automaker faces stiff competition from Chinese rivals like BYD in the worlds largest...

Honda and Nissan Push 2026 Merger as Ex-CEO Ghosn Criticizes Bold Move
Dec 23, 2024 23:26 pm UTC| Economy Business
Honda and Nissan announced a groundbreaking 2026 merger that could reshape the global auto industry. While the move aims to rival Tesla and Chinese EV giants, ex-CEO Carlos Ghosn expressed skepticism about the partnerships...

Biden Hands China Chip Tariff Probe to Trump as Trade War Heats Up Over Semiconductor Dominance
Dec 23, 2024 23:12 pm UTC| Economy Technology Politics
The U.S. has opened a trade investigation into Chinese legacy semiconductors, aiming to curb Beijings state-driven chip buildup. The probe, announced just weeks before Donald Trumps inauguration, could lead to additional...

Musk’s X Raises Premium-Plus Plan to $22 With Creator Payouts and AI Features in Focus
Dec 23, 2024 23:01 pm UTC| Economy Technology
X, the platform owned by Elon Musk, raised its premium-plus subscription to $22 in the U.S., emphasizing enhanced creator payouts and advanced AI-driven features like the Grok chatbot. The updated pricing takes effect for...

Apple Nears $4 Trillion Valuation as AI Momentum Fuels Investor Optimism
Dec 23, 2024 22:33 pm UTC| Economy Technology
Apple is closing in on a historic $4 trillion market valuation as investor enthusiasm for its AI strategy and expected iPhone supercycle drive a 16% share surge since November. Apple Nears $4 Trillion Market Cap Amid AI...

Tesla Rolls Out Mobile Megapack Chargers for Holidays Across the US, Find Out the Locations Here
Dec 23, 2024 01:29 am UTC| Economy Technology
Tesla has introduced mobile Megapack chargers at major U.S. travel hotspots to support increased holiday traffic. Travelers can find these high-speed chargers in locations like Bakersfield, Primm, El Centro, and Cambridge,...

UK Business Confidence Hits 2024 Low as Pay Growth Climbs Ahead of Christmas Hiring Surge
Dec 23, 2024 01:09 am UTC| Economy
UK business confidence fell to its lowest level in 2024 during December, Lloyds Bank reported, despite a notable rise in hiring and strong pay growth ahead of the Christmas season, offering mixed signals for the economy...