BMW expects to hit 50% all-electric sales target "well ahead" of 2030
After doubling sales of full-electric BMW and Mini cars last year, the automaker expects demand for EVs will make up a quarter of sales by 2025, rising to 50 percent well ahead of its 2030 target......»»
Why Tesla"s Full Self-Driving rollout in China matters
Enabling FSD in China would provide a buffer to Tesla's declining EV sales and allow the automaker to better compete with local rivals in the world's largest auto market where driver assistance and other connected car features are prized......»»
Manager took bribes in exchange for high-demand vehicles, lawsuit alleges
The sales manager of a luxury dealership in South Carolina commanded hundreds of thousands of dollars in "under-the-table" payments from customers hungry for high-demand vehicles......»»
Huawei"s smart car tech offers Audi, other automakers route to China sales
Huawei's rapid emergence as a key auto supplier highlights the telecommunications equipment maker's drive for sources of growth after U.S. export controls pursued on national security grounds since 2019 hammered its businesses, especially smartphones.....»»
Putting Microsoft’s cratering Xbox console sales in context
Why declining quarterly numbers might not be awful news for Microsoft's gaming business. Enlarge / Scale is important, especially when talking about relative console sales. (credit: Aurich Lawson | Getty Images) Yesterda.....»»
Genesis" Claudia Marquez: We"re "becoming completely independent" from Hyundai in U.S.
The premium spinoff is becoming more independent from its mainstream counterpart with stronger brand awareness, new products and strong sales......»»
The Tesla Model Y is at its lowest price yet — but should you buy one?
The Tesla Model Y was already one of the cheapest electric cars in its class, but it's now getting even cheaper. Should you buy one?.....»»
Recovering phosphorus from sewage sludge ash to address problem of diminishing supplies of phosphorus ores
Valuable supplies of phosphorus could be recovered from sewage sludge ash, which remains after the sludge has been burned for electric power generation. The method has been developed by chemical engineers Yuuki Mochizuki and Naoto Tsubouchi at Hokkai.....»»
Following a great launch quarter, China iPhone sales are pretty bad so far in 2024
After the second-best iPhone launch quarter Apple has ever had in China, new sales estimates claim that Apple also had the biggest quarterly drop it has ever had.iPhone 15 ProFigures from Counterpoint Research have already claimed that Apple's iPhone.....»»
5 defining moments from Tesla"s Q1 earnings
Industry analysts expected bad news from Tesla's first-quarter earnings report after weak sales. But CEO Elon Musk provided an upbeat narrative by announcing new affordable models for next year......»»
China"s Shenzhou-18 mission docks with space station
A spaceship carrying three astronauts from China's Shenzhou-18 mission safely docked at Tiangong space station Friday, state-run media reported, the latest step in Beijing's space program that aims to send astronauts to the Moon by 2030......»»
China confirms target date for landing taikonauts on the moon
Space officials in China say they're on track to put the nation's first taikonauts on the lunar surface before the end of this decade......»»
Hera asteroid mission"s side-trip to Mars
ESA's Hera asteroid mission for planetary defense will make a swingby of Mars next March, borrowing speed to help reach its target Didymos binary asteroid system......»»
Toyota will spend $1.4 billion to build electric 3-row SUV in Indiana
This is a different new 3-row EV from the one Toyota will build in Kentucky. Enlarge / This Toyota factory in Indiana is getting a $1.4 billion investment so it can assemble a new three-row electric SUV for the automaker. (credit.....»»
EPA issues four rules limiting pollution from fossil fuel power plants
Coal to be hit hard, natural gas plants will have to capture carbon emissions. Enlarge (credit: Jose A. Bernat Bacete) Today, the US Environmental Protection Agency announced a suite of rules that target pollution from f.....»»
China launches 3-member crew to its space station as it seeks to put astronauts on the moon by 2030
China launched a three-member crew to its orbiting space station on Thursday as part of its ambitious program that aims to put astronauts on the moon by 2030......»»
The UK"s Climate Change Act, once the envy of the world, faces a stress test
The Scottish government's decision to row back on its 2030 climate pledge illustrates the crux of any target: it's easy to set one with a big political flourish, but harder to follow through with a careful plan to achieve it......»»
VinFast founder commits $1 billion as EV maker bleeds cash
Vietnamese billionaire Pham Nhat Vuong pledged to invest at least another $1 billion of his personal wealth into VinFast Auto Ltd., providing the capital needed for expansion of the struggling electric vehicle maker......»»
Asbury Q1 net income slips 19%; $4.2 billion in revenue sets record
Asbury Automotive Group produced $147.1 million in net income during the first quarter, down 19 percent from a year earlier as falling profit margins offset rising vehicle sales and revenue......»»
Mercedes warms to ICE vehicles as EV growth cools in the U.S.
Mercedes expects to sell about 50,000 more coupes, sedans, crossovers and SUVs in the U.S. in 2024 compared with last year......»»
A Polestar Phone now inexplicably exists
Polestar normally makes electric cars, but now it's releasing a phone. The Polestar Phone. Someday it will unlock your Polestar car. [credit:.....»»