SHANGHAI (Reuters) – China’s electric vehicle (EV) maker Xpeng unveiled on Sunday a new platform it developed in-house for making vehicles, which it said will reduce the development and manufacturing costs for its company’s upcoming models. The Smart Electric Platform Architecture (SEPA) 2.0 will help Xpeng to reduce costs of powertrain systems including batteries by…
SHANGHAI (Reuters) – China’s electric vehicle (EV) maker Xpeng unveiled on Sunday a new platform it developed in-house for making vehicles, which it said will reduce the development and manufacturing costs for its company’s upcoming models. The Smart Electric Platform Architecture (SEPA) 2.0 will help Xpeng to reduce costs of powertrain systems including batteries by…
TOKYO (Reuters) -Japan’s Panasonic Holdings, a battery supplier to electric vehicle maker Tesla Inc, said on Sunday that it is considering building a battery plant in Oklahoma, its third in the United States. “Panasonic has entered into an agreement with the State of Oklahoma that defines the eligibility and terms of the incentives under Oklahoma’s…
(Reuters) -Spain’s Prime Minister Pedro Sanchez apologised in an interview published on Sunday to victims of sexual abuse over a sexual violence law that included a loophole enabling at least 978 imprisoned offenders to get their sentences reduced or ended early. The “Only Yes Is Yes” law, which arose partly as a result of public…
By Daniel Becerril MEXICO CITY (Reuters) – Armed men on Saturday killed a child and six others after storming a resort in the central Mexican state of Guanajuato, authorities said, in a region increasingly plagued by drug cartel violence. Footage widely shared on social media showed the aftermath of the attack in a palm-studded resort…
By Lisa Richwine LOS ANGELES (Reuters) – Hollywood television and movie writers wrap up a critical vote this week as they push media companies to raise their pay or face a strike that would disrupt an industry recovering from the pandemic and under pressure to make streaming more profitable. Negotiators for the Writers Guild of…
By Lisa Richwine LOS ANGELES (Reuters) – Hollywood television and movie writers wrap up a critical vote this week as they push media companies to raise their pay or face a strike that would disrupt an industry recovering from the pandemic and under pressure to make streaming more profitable. Negotiators for the Writers Guild of…
By Joseph Ax (Reuters) – New Mexico police officers realized they were at the wrong address just moments before the front door opened and they fatally shot the armed homeowner, then exchanged gunfire with his wife, according to newly released body camera video of the April 5 shooting. Robert Dotson, 52, was killed by police…
(Reuters) -Merck & Co has agreed to acquire Prometheus Biosciences Inc for about $10.8 billion to bolster the company’s presence in immunology, the companies said on Sunday. The joint statement said that Merck, through one of its subsidiaries, will pay $200 per share for the biotechnology company that specializes in products for treatment of immunological…
JERUSALEM (Reuters) -Israel’s government on Saturday rebuffed an outlook downgrade on the country from credit ratings agency Moody’s, while tens of thousands of Israelis returned to the streets to protest against a planned overhaul of the country’s judiciary. Moody’s report issued on Friday marks the latest warning about a potential economic backlash to Prime Minister…
