Business News

One of the world's largest electrical vehicle manufacturers, China's BYD, will open its first European EV production factory in Hungary, the country's foreign minister said Friday, the latest step in the Central European nation's efforts to become a global hub for EV manufacturing.

American electric automaker Tesla's plans to produce energy-storage batteries in China moved forward on Friday with a signing ceremony for the land acquisition for a new factory in Shanghai, China's state media said.

Podimo has managed to raise nearly $50 million, but the service is not yet available in the US.

Researchers are one step closer to integrating air taxis and other electric vertical takeoff and landing (eVTOL) vehicles into the country's busiest airports, thanks to a new air traffic simulation developed by NASA's Ames Research Center in California's Silicon Valley and Joby Aviation.

China said on Thursday that it would halt the export of a range of rare earth metal processing technologies, potentially hindering other countries in a crucial sector dominated by Beijing.

US airlines are gearing up for record traffic this holiday season, having beefed up staffing in the hopes of avoiding a repeat of last Christmas's operational meltdown.

The Electronic Entertainment Expo (E3), an annual trade event for the video game industry, has been permanently cancelled by its organizers, who cited the COVID pandemic and changes in company marketing techniques as the reason for the closure.

British Prime Minister Rishi Sunak on Thursday hailed a deal with the European Union to delay post-Brexit tariffs on electric vehicle sales that were due to kick in from January.

Three of China’s biggest electric vehicle makers – BYD, Chery, and SAIC – are in discussions with Mexican authorities over the setting up of car assembly

Adam Driver vroom vroom.

The deal was scuttled this week.

When a lightning storm knocked out power in Doris Brown's Northeast Houston neighborhood this summer, her solar-powered home suddenly became a refuge for frantic neighbors left without electricity.

America's automakers have staked their futures on the notion that electric vehicles will dominate sales in the coming years, spurred by buyers determined to reduce carbon emissions and save on fuel.

Sirius XM Radio Inc. was sued by New York state for making it difficult for customers to cancel subscriptions to the broadcaster's online radio services, in violation of state and federal consumer protection laws.

A fuel pump failure can cause the Honda vehicles to stall while on the road, increasing the risks of a crash.

Activision Blizzard Chief Executive Bobby Kotick will leave his post at the end of December, bringing his 32-year tenure at the gaming giant to a close.

Warner Brothers Discovery shares slid more than 5 percent Wednesday after reports emerged that the media and entertainment giant is exploring a merger with rival Paramount Global.

Sales of Sony's PlayStation 5 have crossed 50 million units, the Japanese electronics giant said, pointing to "strong momentum" this year for its flagship gaming console.

Japanese officials on Thursday started an on-site inspection at the headquarters of Toyota subsidiary Daihatsu, the transport ministry said, after an investigation found it had rigged safety tests and was forced to suspend all shipments of its vehicles.

Shares in Japanese auto titan Toyota dived Thursday as a rigged safety test scandal builds at subsidiary Daihatsu, and after it recalled a million vehicles in the United States over airbag safety concerns.