Forecast: More than half of U.S. car sales will be EVs by 2030
The latest projection from BloombergNEF puts the U.S. on track to hit a key target set by Biden last year, for half of all cars sold in the U.S. to be battery-electric, plug-in hybrid or fuel cell-powered by the end of the decade......»»
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......»»
Economic growth tops the priority list for Canadian policymakers: Here"s why
Canada is currently experiencing anemic economic growth, meaning there is a slowdown in the total production of goods and services per capita. The real GDP growth forecast for 2024 is 0.7 percent......»»
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......»»
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......»»
Group 1 net income falls nearly 7% in Q1 as company ramps up acquisitions
Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»
Spring iPhone sales slip to lowest activation share in years
The iPhone's slice of the smartphone activation pie has shrunk to its smallest size in six years, marking a concerning trend for Apple as it grapples with the longest gap yet between its iPhone releases.iPhone sales slip to lowest activation share in.....»»
Elite: Dangerous’s real-money ship sales spark “pay-to-win” outrage
In 2019, dev promised purchases would "only be used to buy cosmetic Game Extras." Enlarge / Players will be able to throw down a few bucks to get the Python Mk 2 starting next month. (credit: Frontier Developments) Elite.....»»
Group 1 net income falls nearly 7% in Q1 as it ramps up acquisitions
Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»
Group 1 net income falls nearly 7 percent in Q1
Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»
China to send three astronauts to Tiangong space station, part of its ambitious program
China's space agency is making final preparations to send the Shenzhou-18 crew into low-Earth orbit on Thursday as part of its ambitious space program that aims to put people on the moon by 2030......»»
Deals: save up to $450 on Microsoft 365, Office, Adobe Creative Cloud & more
This week's top software sales offer discounts of up to $450 off standalone licenses and subscriptions for popular tools, including Microsoft 365, Office, Adobe Creative Cloud and more.Save up to $450 on software this week. Continue Reading on AppleI.....»»
Veoneer names longtime Forvia executive Nik Endrud CEO following sale
Veoneer appointed longtime Forvia executive Nik Endrud as its CEO, less than two months after being acquired by a New York private equity firm and after two other major sales of its business units......»»
Plant-Based Meat Boomed. Here Comes the Bust
Sales of vegan meat are trending downward in the US, with companies scrambling to win back customers......»»
Apple"s iPhone skid in China continues, with another big hit to start 2024
Apple is having a tough quarter in China, with new research claiming that Apple's iPhone sales are down 19.1% year-over-year.Apple's iPhone 15All smartphone sales have been in decline in China for some years, but recent reports had said the market wa.....»»
Kia gives $7,500 incentive for EV9 sales until production moves to U.S.
Kia America is giving buyers of its EV9 $7,500 to match the amount buyers recoup from a federal tax credit on electric vehicles that are not imported......»»
Tesla"s Elon Musk faces robotaxi skeptics, sales drop in Q1 earnings report; broad price cuts launched
CEO Elon Musk will face tough questions after a Q1 sales decline and reports Tesla stopped work on an affordable EV in favor of a dedicated robotaxi without human controls......»»
AESC doubles battery investment for BMW"s EVs in South Carolina
The plant is expected to come online in 2027 and supply BMW's assembly plant in Spartanburg, S.C., where the automaker plans to produce at least six EV models by 2030......»»
Tesla"s Elon Musk faces robotaxi skeptics, sales drop in Q1 earnings report
CEO Elon Musk will face tough questions after a Q1 sales decline and reports Tesla stopped work on an affordable EV in favor of a dedicated robotaxi without human controls......»»