BOCA CHICA, Texas, April 17 (Reuters) – Elon Musk’s SpaceX called off the highly anticipated debut launch of its newly-combined Starship cruise vessel and Super Heavy rocket in the final minutes of countdown due to a frozen valve, delaying the uncrewed test flight for at least two days. The two-stage rocketship, standing taller than the… Continue reading Untitled
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GENEVA, April 17 (Reuters) – A World Trade Organization panel said on Monday that India had violated global trading rules in a dispute with the European Union, Japan and Taiwan over import duties on IT products. “We recommend that India bring such measures into conformity with its obligations,” the WTO panel’s report said. Reporting by… Continue reading Untitled
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VW, Rivian, Nissan, BMW lose access to U.S. EV tax credits, article with gallery
April 17 (Reuters) – The U.S. Treasury said Monday that Volkswagen, BMW, Nissan, Rivian, Hyundai and Volvo electric vehicles will lose access to a $7,500 tax credit under new battery sourcing rules. The Treasury said the new requirements effective Tuesday will also cut by half credits for the Tesla (TSLA.O) Model 3 Standard Range Rear… Continue reading VW, Rivian, Nissan, BMW lose access to U.S. EV tax credits, article with gallery
California’s port truck-charging plan gets a jolt from big investors, article with gallery
LOS ANGELES, April 17 (Reuters) – California’s bustling seaports, dominated by massive container vessels and soaring cranes, may seem an unlikely setting for investors seeking to capitalize on the “green” revolution. But thanks to the state’s plan to phase out by 2035 heavy-duty diesel trucks that haul containers to ships and warehouses, the ports have… Continue reading California’s port truck-charging plan gets a jolt from big investors, article with gallery
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OAKLAND, Calif., April 17 (Reuters) – Quantum computers promise to be millions of times faster than today’s fastest supercomputers, potentially revolutionizing everything from medical research to the way people solve problems of climate change. The wait for these machines, though, has been long, despite the billions poured into them. But the uncertainty and the dismal… Continue reading Untitled
Porsche confident regarding 2023 after record Q1 sales rise, article with gallery
April 17 (Reuters) – Porsche AG (P911_p.DE) expressed confidence regarding 2023 on Monday after posting a record year-on-year sales increase of 18% in the first quarter. The German luxury carmaker delivered 80,767 cars worldwide during the period, with an increase posted in every region. In China, sales rose 21% – the most significant growth in… Continue reading Porsche confident regarding 2023 after record Q1 sales rise, article with gallery
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HELSINKI, April 17 (Reuters) – Japan’s Sega Sammy Holdings Inc (6460.T) has agreed to launch an offer for Finland’s Rovio Entertainment (ROVIO.HE), the maker of the Angry Birds mobile game, for 706 million euros ($775.8 million), the companies said in a joint statement on Monday. Tokyo-based Sega will offer 9.25 euros per share for Rovio,… Continue reading Untitled
Tesla price cuts are “a warning”-Renault brand CEO, article with image
PARIS, April 17 (Reuters) – A wave of price cuts by Tesla (TSLA.O) is a “warning” for rival manufacturers of electric vehicles, the chief executive of French car maker Renault’s flagship brand said on Monday. The brand’s sales rose by 9% in the first quarter of the year, indicating a restructuring strategy focusing on the… Continue reading Tesla price cuts are “a warning”-Renault brand CEO, article with image
Tesla Shanghai factory workers appeal to Elon Musk on bonus cuts, article with gallery
Summary Companies Posts on bonus cuts appear on Chinese social media, Twitter Workers told cuts are linked to “safety incident” Fatal accident happened at Tesla Shanghai factory in Feb – govt SHANGHAI, April 17 (Reuters) – Workers from Tesla’s (TSLA.O) Shanghai factory are taking to social media to appeal to Elon Musk and the Chinese… Continue reading Tesla Shanghai factory workers appeal to Elon Musk on bonus cuts, article with gallery