In This Story The world’s largest EV battery maker just shook the global financing stage with its IPO in Hong Kong. CATL, or Contemporary Amperex Technology Co., Ltd., saw its shares surge 16% on Tuesday, raising $4.6 billion in the world’s largest public offering so far this year. How Trump’s tariffs could make your iPhone…
A driver is dead after a two-car crash on U.S. 95 south of Tonopah earlier this week. Nevada State Police troopers say the crash happened just before 9:30 a.m. on Wednesday, about nine miles of Tonopah. NSP says a preliminary investigation shows that a Chrysler Pacifica minivan was heading north on U.S. 95 while a…
By Nick Carey and Nora Eckert LONDON/DETROIT (Reuters) – Automakers with plenty of cars on dealer lots have a time advantage as they hone their strategies for passing on President Donald Trump’s 25% tariffs, while Toyota’s lean inventories could force it to hike customer prices sooner. Trump imposed 25% duties on imports of foreign cars…
By Aditi Shah and Norihiko Shirouzu NEW DELHI/AUSTIN (Reuters) – Soaring demand for Toyota’s gasoline-electric hybrids has left suppliers struggling to keep pace, leading to shortages of parts and months-long waits for car buyers, according to four people familiar with the situation. Stocks of hybrids are low at Toyota dealers across major markets, including the…
An electric vehicle control systems researcher, Xu Fuguo, has left a high-profile 4.5 billion yen (US$30 million) Japanese government-funded project and joined Dalian University of Technology in northeastern China amid intensifying global competition in the EV sector. Xu, whose decade-long career in Japan included pioneering research for Toyota and leadership roles in landmark automotive projects,…
Shanghai Newsroom | Reuters Volvo backtracks on EV pledge, as other automakers have done the same Volvo has revised its plan to transition fully to electric vehicles by 2030, as others in the industry have made similar moves. Straight Arrow News Japan’s Toyota 7203.T began selling a $20,000 smart electric car in China this week, aiming to…
©Toyota With today’s inflated car prices, Americans are more apt to hold on to their cars longer and even drive them into the ground if necessary. Find More: 6 SUVs That Last Longer Than You Think and Are Worth the Money Check Out: 5 Cities You Need To Consider If You’re Retiring in 2025 If…
Hyundai is planning to begin mass production of solid-state batteries by 2030, with the first EVs to be powered by the new tech to arrive shortly afte … Hyundai is planning to begin mass production of solid-state batteries by 2030, with the first EVs to be powered by the new tech to arrive shortly after….
[Jack Aylmer] AS TOYOTA’S PROFITS RECOVER FOLLOWING A SCANDAL LAST YEAR- THE JAPANESE AUTOMAKER IS USING THAT REVENUE TO MAKE INVESTMENTS IN ELECTRIC VEHICLES. INCREASING ITS SPENDING ON NEW EV FACILITIES IN BOTH THE U.S. AND CHINA. IN 2024, TOYOTA APOLOGIZED FOR FRAUDULENT TESTING ON ITS VEHICLES – INCLUDING COLLISION, AIRBAG INFLATION AND ENGINE POWER…
Valentino Snap / Shutterstock.com Japanese cars have earned and maintained a well-deserved reputation for reliability, driving experience and affordability. For instance, the 2024 Toyota RAV4 was the third bestselling car in the U.S. in 2024, according to Car and Driver. Discover More: 7 SUVs To Avoid Buying in 2025 Try This: 4 Low-Risk Ways To…