/ With updates to its Eve Motion, Eve Energy, and Eve Door & Window, Eve’s smart home gadgets become the first Thread devices to work with Matter. The Eve Motion sensor is one of the first smart home devices that will work with Matter.Photo by Jennifer Pattison Tuohy / The Verge Christmas has come a… Continue reading Matter finally arrives on devices you can actually use
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The EV Transition Explained: Converting Gasoline Superusers
“We’re never going back,” declare Jonathon and Cory Drayer of Fredericksburg, Va. Both recently traded their respective SUVs for electric vehicles (EVs), and happily swore off every buying another internal combustion engine (ICE) powered vehicle. Jonathon and Cory are among the vanguard of a much hoped-for change: the EV-only family. Their switch to EVs was… Continue reading The EV Transition Explained: Converting Gasoline Superusers
Indonesia’s Shipper cuts 8% staff citing uncertain economic conditionShipper joins a string of Indonesian and SE Asian startups that have cut down sta…
Indonesian warehouse and logistics player Shipper has laid off 65 employees or 8% of its workforce in anticipation of uncertain macroeconomic conditions in 2023, the company said in a statement on Monday. Shipper co-founder and CEO Phil Opamuratawongse called the decision “extremely difficult” but “necessary” to help the company become more agile and accelerate sustainable… Continue reading Indonesia’s Shipper cuts 8% staff citing uncertain economic conditionShipper joins a string of Indonesian and SE Asian startups that have cut down sta…
ID Digest: Tolaram subscribes to Bank Amar’s rights issue; UBS upgrades GoTo stock
Singapore’s Tolaram Group and members of the top management of Bank Amar have subscribed to the IDX-listed digital lender’s rights issue. Meanwhile, UBS has upgraded its view on GoTo’s shares from sell to buy with a target price of 160 rupiah apiece. Tolaram subscribes to Bank Amar’s rights issue Bank Amar’s majority shareholder Tolaram Group and… Continue reading ID Digest: Tolaram subscribes to Bank Amar’s rights issue; UBS upgrades GoTo stock
Auto lobby slams Swiss plan to curb electric cars in power crunch
One draft rule would curb the private use of electric vehicles unless urgently needed for work, shopping, or visiting the doctor or religious ceremonies. The Swiss car importers lobby hit back on Monday at the government’s proposal to limit the use of electric vehicles in any power crunch, saying the mere suggestion could prompt consumers… Continue reading Auto lobby slams Swiss plan to curb electric cars in power crunch
Vehicles parked on roads pose danger as visibility set to take downturn in Ludhiana
This reporter found many vehicles parked on the highway on a stretch of less than 20 kilometres between Doraha and outskirts of Khanna city. With chances of fog reducing visibility on the roads, vehicles parked on the roads pose a major risk for commuters on Ludhiana-Delhi highway. NCRB data suggests that 140 persons died in… Continue reading Vehicles parked on roads pose danger as visibility set to take downturn in Ludhiana
U.S. finalizes $2.5 billion loan to GM, LG battery joint venture
The loan will help finance construction of new lithium-ion manufacturing facilities in Ohio, Tennessee and Michigan, supporting 6,000 construction jobs and 5,100 operations jobs at the three plants. By David Shepardson The U.S. Energy Department said on Monday it had finalized a $2.5 billion low-cost loan to a joint venture of General Motors Co and… Continue reading U.S. finalizes $2.5 billion loan to GM, LG battery joint venture
Finance Minister Nirmala Sitharaman says Indian Rupee strong against every currency
Sitharaman also praised the Indian economy in the parliament by calling it the fastest-growing economy. Finance Minister Nirmala Sitharaman on Monday lauded the Indian Rupee and said it has been strong against every currency. The statement from the minister came during Monday’s parliamentary session. “The Reserve Bank of India (RBI) has used foreign exchange reserves… Continue reading Finance Minister Nirmala Sitharaman says Indian Rupee strong against every currency
Karnataka government may end 100 per cent road tax exemption for EVs
Karnataka has more than two crore registered vehicles of which EVs are only 1.5 lakh till December. In a move that could affect electric vehicle (EV) adoption in Karnataka, the state transport department is mulling ending 100 per cent road tax exemption given to battery-run vehicles. If approved, EVs will be costlier in the state.… Continue reading Karnataka government may end 100 per cent road tax exemption for EVs
Hyundai Motor Group to supply fuel cell systems to Faun’s Enginius CVs
Hyundai Motor Group’s dedicated fuel cell system brand HTWO today signed a partnership agreement with Enginius, a subsidiary of the Faun Group, to supply fuel cell systems for mass production of hydrogen-powered commercial trucks. Through its cooperation with the Faun Group, a key player in the European refuse truck market, HTWO will further accelerate its… Continue reading Hyundai Motor Group to supply fuel cell systems to Faun’s Enginius CVs