Indonesia attracts US$2.5 billion investment from Toyota and Mitshubishi
Indonesia attracted new investments worth a total of Rp 37.1 trillion (US$2.48 billion) from Japanese automakers, Mitshubishi and Toyota through the coordinating minister for Economic Affairs, Airlangga Hartarto recently......»»
Future of 1 billion people in South Asia hinges on water pact, says new analysis
Better collaboration is urgently needed to mitigate the impacts of climate change on three key river basins in South Asia—the Brahmaputra, Indus and Ganges—according to new analysis......»»
NASA"s Europa clipper survives and thrives in "outer space on Earth"
In less than six months, NASA is set to launch Europa Clipper on a 1.6-billion-mile (2.6-billion-kilometer) voyage to Jupiter's ocean moon Europa. From the wild vibrations of the rocket ride to the intense heat and cold of space to the punishing radi.....»»
Hyundai plans $51 billion investment in EVs, software-defined vehicles over 3 years
Hyundai is adding 80,000 new employees, including 44,000 new hires in electrification, SDVs and carbon neutrality......»»
Cybersecurity essentials during M&A surge
The volume of mergers and acquisitions has surged significantly this quarter. Data from Dealogic shows a 130% increase in US M&A activity, totaling $288 billion. Worldwide M&A has also seen a substantial uptick, rising by 56% to $453 billion. Conside.....»»
Lawsuit: Toyota misled about savings from maintenance plan
A California woman has sued Toyota Motor Credit Corp. and Toyota, alleging one of the manufacturer's car dealers sold her a ToyotaCare Plus maintenance plan for 10 service visits — only to have another Toyota auto dealership service department igno.....»»
Baltimore bridge collapses after ship collision; auto shipping hub operations face disruption
The port handles imports and exports for major automakers including Nissan, Toyota, General Motors, Volvo, Jaguar Land Rover and the Volkswagen group — including luxury models for Audi, Lamborghini and Bentley......»»
Automakers, Tier 1 companies ask suppliers for parts payment delays as investment costs mount
Some automakers and Tier 1 parts companies, on the hook for billions of dollars in EV and software-related investments, are asking their supply chains for longer payment terms or to defer payments entirely......»»
Indonesia hunts clues as study suggests Javan tiger may still exist
Indonesia is hunting for more clues that the extinct Javan tiger may still exist in the wild, a government official said Tuesday, after a new study suggested links between a DNA-tested hair and the big cat......»»
Billionaire brothers Thomas and James Duff buy dealerships
Thomas and James Duff, second-generation owners of a tire-retail empire, are on Forbes' roster of the richest people in the world, each listed with $3 billion in net worth......»»
A microalgae–material hybrid promotes carbon neutrality
Microalgae, including cyanobacteria and green algae, represent the most important biological systems for producing biomass and high-value products. It is estimated that microalgae can fix about 90 billion tons of carbon dioxide per year, which accoun.....»»
BYD targets EV laggards Toyota, VW with latest price cuts
BYD is discounting almost every electric and hybrid model it sells in China as part of a marketing campaign declaring “electricity is cheaper than oil.”.....»»
EV maker Lucid signs deal to raise $1 billion from Saudi"s PIF affiliate
The Saudi PIF has a 60 percent stake in the EV maker and will be able to convert the preferred stock into about 280 million shares......»»
Small changes can yield big savings in agricultural water use, study reveals
While Hollywood and Silicon Valley love the limelight, California is an agricultural powerhouse, too. Agricultural products sold in the Golden State totaled $59 billion in 2022. But rising temperatures, declining precipitation and decades of over pum.....»»
Seven billion newly hatched chicks are killed every year—but a ban is not the solution, says study
With Easter just around the corner, we are surrounded by a ubiquity of eggs and adorable yellow chicks that symbolize life and resurrection. In stark contrast is the fact that around seven billion male layer chicks, are shredded or gassed alive by th.....»»
The World’s E-Waste Has Reached a Crisis Point
A new UN report finds that humanity is generating 137 billion pounds of TVs, smartphones, and other e-waste a year—and recycling less than a quarter of it......»»
One impact on Mars produced more than 2 billion secondary craters, finds study
There are plenty of craters on Mars, especially when compared to Earth. That is primarily thanks to the lack of weathering forces and strong plate tectonics that disrupt the formations of such impacts on our home planet. However, not all impact crate.....»»
Intel receives $8.5 billion from US for expanding high-end fab capacity
Chips Act funding will primarily be directed toward development of Intel’s 18A node. Enlarge (credit: Bloomberg) Intel will receive $8.5 billion in direct funding and $11 billion in loans from the US government to expa.....»»
The World"s E-Waste Has Reached a Crisis Point
A new UN report finds that humanity is generating 137 billion pounds of TVs, smartphones, and other e-waste a year—and recycling less than a quarter of it......»»
Q&A: Celebrity owl Flaco"s recent death in NYC highlights how bird strikes with buildings are strikingly common
The recent death of Flaco, a Eurasian eagle owl who escaped from New York City's famed Central Park Zoo last year, brought new attention to the issue of bird strikes: Experts estimate that roughly a billion birds die in the U.S. every year in collisi.....»»
Finalized U.S. EV mileage ratings rule will be a win for automakers, report says
The Detroit 3 and the UAW raised alarms that the original proposal could have resulted in $10.5 billion in automaker fines through 2032......»»