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Greenlane and Volvo partner to offer charging for medium- and heavy-duty electric trucks

Commercial EV charging network developer Greenlane Infrastructure (a joint venture whose owners include Daimler Truck North America) has partnered with Volvo Trucks North America to integrate Greenlane’s charging network into the Volvo Open Charge service. Greenlane is Volvo’s first Charge Point Operator (CPO) partner in the North American market. Greenlane will enable real-time access to… Continue reading Greenlane and Volvo partner to offer charging for medium- and heavy-duty electric trucks

Trump’s Tariffs Are a Bruising Defeat for the AI Industry

If you follow tech stocks, there’s probably one thing on your mind today: Donald Trump’s tariffs. Yesterday, Trump announced his long-teased “reciprocal tariffs” on foreign imports coming into the US. Among them are a 32 percent tariff on Taiwan, 24 percent on Japan, 26 percent on India, and 34 percent on China — all major… Continue reading Trump’s Tariffs Are a Bruising Defeat for the AI Industry

Trump’s Tariffs Are Brutalizing the Crypto Industry

Donald Trump’s sweeping global tariffs have scythed through all sectors of the economy — including crypto, a market that the sitting president was hailed as a champion of. On Thursday, the morning after Trump signed an executive order enacting his “Liberation Day” tariffs, blockchain assets across the board slumped considerably as a mass sell-off ensued. … Continue reading Trump’s Tariffs Are Brutalizing the Crypto Industry

Trump Tariffs Show Signs of Being Written by AI

President Donald Trump announced sweeping tariffs on most goods imported into the US yesterday, affecting over 100 countries — including uninhabited territories in the middle of the ocean. It’s a baffling decision that’s expected to wreak havoc on the international economy, heightening existing concerns over an imminent recession. Worse, as Cointelegraph reports, there seem to… Continue reading Trump Tariffs Show Signs of Being Written by AI

Indian startups need to think beyond selling fancy foods, instant delivery: Piyush Goyal

“Wealth creation in the short run may happen with some of these conveniences but business is about positioning India at the international scale.” New Delhi: Startups in the country need to focus on areas where India can take a lead on a global stage. They should not shy away from competition and strive for long-term… Continue reading Indian startups need to think beyond selling fancy foods, instant delivery: Piyush Goyal

Don’t see any significant impact on Indian auto industry by US reciprocal tariff: SIAM

As part of reciprocal tariffs on about 60 countries to counter higher duties on American products imposed globally The Indian automobile industry does not expect to have any significant impact by US President Donald Trump’s reciprocal tariff announcement as autos are not covered in it, besides there are limited exports to the US, industry body… Continue reading Don’t see any significant impact on Indian auto industry by US reciprocal tariff: SIAM

DPIIT secretary urges startups to focus on scaling manufacturing

“It is encouraging to see a shift towards startups in manufacturing, technology, deeptech, and R&D. We need more startups focusing on these areas.” New Delhi: As India aims to become a $7-trillion economy by 2030, significant strides are still needed in the manufacturing sector, said Amardeep Singh Bhatia, secretary of the Department for Promotion of… Continue reading DPIIT secretary urges startups to focus on scaling manufacturing

AKWEL Reports 32.3% Decline in Net Income in 2024 Amid Market Challenges

AKWEL, a leading global manufacturer of automotive and heavy-vehicle components, has announced its financial results for the year 2024, reporting a net income of €24.2 million, marking a 32.3% decline compared to 2023. The company’s total revenue fell by 7.3% to €989 million, down from €1.066 billion in the previous year. Earnings before interest, taxes,… Continue reading AKWEL Reports 32.3% Decline in Net Income in 2024 Amid Market Challenges

Jeep and Chrysler maker Stellantis to furlough 900 US workers

Standard Digital $45 per month Essential digital access to quality FT journalism on any device. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT FT… Continue reading Jeep and Chrysler maker Stellantis to furlough 900 US workers