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Hon Hai Technology Group, also known as Foxconn, has signed a memorandum of understanding with the State of Sonora in Mexico to explore the development of smarty city solutions and projects. For the first time Foxconn is extending outside of Taiwan with its key intelligent...

Photo: Volklec UK-based battery manufacturing start-up Volklec has announced a licensing agreement with Asian battery supplier Far East Battery (FEB) to develop lithium-ion batteries. The British start-up will use FEB's technology to make batteries for energy storage and electric vehicles in the UK, with production...

Image: Avride Austin-based robot delivery company Avride will soon be delivering restaurant takeaway orders and groceries in Tokyo, Japan. The announcement from Avride is in partnership with Japanese tech company Rakuten, who began robotic delivery pilot programs in 2019. Harumi and parts of Kachidoki and...

California-based electric vehicle (EV) maker Lucid Group has announced the stepping down of CEO Peter Rawlinson. Rawlinson has also departed from his CTO role and from Lucid's board. The step-down came as Lucid announced a decline share prices in its latest quarterly financial report. Marc...

Photo: SAIC Chinese state-owned automaker SAIC Motor and global tech giant Huawei have signed an agreement to create a smart new energy vehicles. The two companies will reportedly work together on product definition, manufacturing, supply chain management and sales and services, to create intelligent new...

Global investment company Prosus has announced a €4.1 billion deal to acquire Just Eat Takeaway which could create the fourth largest food delivery group in the world. The offer is all-cash and will buy each share capital for €20.30 per share, just shy of the...

Toyota has opened a hydrogen refuelling system (HRS) facility in Karawang, Indonesia. The automaker has set up the facility at the xEV Center, a facility that focuses on energy resources, national energy security, and sustainable economic growth, especially as Indonesia enters the energy transition era...

Electric truck start-up Nikola has officially filed for Chapter 11 bankruptcy in the United States (U.S.) after failing to secure a buyer for its business. Once a Silicon Valley start-up worth $30 billion, the company has become troubled by scandal in recent years and will...

The U.S. Department of Transportation has terminated approval of the recent congestion pricing pilot for New York City drivers. In a letter to New York Governor Kathy Hochul, the Department rescinded a current pilot scheme that requires car drivers to pay a charge of up...

The President of the United States (U.S.) Donald Trump has issued a statement that he is considering imposing a 25% import tariff on automobiles. After already ordering tariffs on imports from Canada and Mexico - which spelled trouble for carmakers conducting operations in those countries...