German automakers pressure EU leaders to drop China EV tariffs

HAMBURG, Germany — German automakers and industry associations are calling on the European Commission (EC) to roll back a threat to slap punitive import tariffs on Chinese electric vehicles, saying the move hurts local industry and jeopardizes their ability to do business in China. China on Friday warned that the levies could spark a trade… Continue reading German automakers pressure EU leaders to drop China EV tariffs

Tesla, opponents of Musk’s pay clash over resolving compensation lawsuit

In response, shareholder attorneys said the vote to ratify Musk’s pay has no legal effect and the only way for Tesla to challenge the January ruling is to appeal to the Delaware Supreme Court. Tesla and opponents of Elon Musk‘s compensation clashed on Friday over ways to resolve the legal quagmire that has engulfed the… Continue reading Tesla, opponents of Musk’s pay clash over resolving compensation lawsuit

Nissan feels the heat from BYD’s EV price war in China

Nissan is the latest victim of BYD’s “liberation battle” against gas-powered cars. After BYD’s aggressive price cuts this year, Nissan is shutting down a factory in China as it struggles to keep up. As is the case for many legacy automakers, China is a critical sales market for Nissan. Nearly a third of Nissan’s global… Continue reading Nissan feels the heat from BYD’s EV price war in China

China has spent at least $230 billion to build its EV industry, new study finds

Workers assemble a Wuling Hongguang Mini EV, an all-electric microcar manufactured by SAIC-GM-Wuling, at a plant of the joint automaker in Qingdao in east Chinas Shandong province Tuesday, Nov. 30, 2021. Future Publishing | Future Publishing | Getty Images BEIJING — China spent $230.8 billion over more than a decade to develop its electric car… Continue reading China has spent at least $230 billion to build its EV industry, new study finds

Hisense: Vom Sponsoring zur technischen Dominanz im Fußball

QINGDAO, China, 21. Juni 2024 /PRNewswire/ — Hisense, eine globale Marke für Haushaltsgeräte und Unterhaltungselektronik, geht zum dritten Mal in Folge eine Partnerschaft mit der UEFA European Championship™ ein und debütiert diesen Sommer als offizieller VAR-Bildschirm-Anbieter für die UEFA EURO 2024™. Continue Reading Hisense has been announced as the Official VAR Screen Provider for UEFA… Continue reading Hisense: Vom Sponsoring zur technischen Dominanz im Fußball

Weekly Recap: 13 Press Releases You Might Have Missed

A roundup of the most newsworthy press releases from PR Newswire this week, including Americans’ vacation deprivation, summer safety tips for your pets and the “Best Value Colleges” of 2024. NEW YORK, June 21, 2024 /PRNewswire/ — With thousands of press releases published each week, it can be difficult to keep up with everything on PR… Continue reading Weekly Recap: 13 Press Releases You Might Have Missed

Beny besticht auf der Intersolar Europe mit Solarenergie-Lösungen aus einer Hand

MÜNCHEN, 21. Juni 2024 /PRNewswire/ — Auf der Intersolar Europe, die vom 19. bis 21. Juni 2024 stattfand, präsentierte Beny seine intelligenten Energielösungen zusammen mit seiner Untermarke EVB, die sich auf das Laden von Elektrofahrzeugen konzentriert, und PVB, die sich auf Mikroenergiesysteme und Energiespeicherung konzentriert. Das Unternehmen veranstaltete auch Events wie die Verleihung des TÜV… Continue reading Beny besticht auf der Intersolar Europe mit Solarenergie-Lösungen aus einer Hand

Zepto loads up $665m to take on Blinkit, Instamart in India’s quick commerce war

Zepto has raised $665 million in a funding round valuing the Indian quick commerce at $3.6 billion, as it looks to double its store count amid rising competition and amp up its plans to go public by 2025. The biggest funding round of the year was co-led by existing investors Glade Brook, Nexus, and StepStone,… Continue reading Zepto loads up $665m to take on Blinkit, Instamart in India’s quick commerce war

Boeing CEO Admits It’s Retaliated Against Whistleblowers

“I know it happens.” Air-Head Boeing CEO Dave Calhoun has acknowledged that the company has retaliated against whistleblowers who raised safety concerns, CNN reports, amid public furor over the safety of its aircraft. In a senate hearing on Tuesday, Senator Richard Blumenthal (D-CT) asked Calhoun how many employees Boeing had disciplined or fired for “retaliation… Continue reading Boeing CEO Admits It’s Retaliated Against Whistleblowers

US Bans Kaspersky Software

The Russian cybersecurity software firm Kaspersky’s days of operating in the United States are now officially numbered. The Biden administration on Thursday said it’s banning the company from selling its products to new US-based customers starting on July 20, with the company only allowed to provide software updates to existing customers through September 29. The… Continue reading US Bans Kaspersky Software