By Daniel Leussink TOKYO (Reuters) -Toyota will introduce high-performance, solid-state batteries and other technologies to improve the driving range and cut costs of future electric vehicles (EVs), the automaker said on Tuesday, a strategic pivot that sent its shares higher. The Japanese giant’s technology roadmap, covering aspects as varied as next-generation battery development and a…
By David Shepardson (Reuters) -General Motors and Samsung SDI will build a more than $3 billion EV battery cell plant in Indiana scheduled to begin operations in 2026, creating 1,700 jobs, the state’s governor said Tuesday. The companies said in April they would invest more than $3 billion to build a joint venture EV battery…
BUCHAREST(Reuters) – Romanian prosecutors said on Tuesday that social media influencer Andrew Tate, his brother Tristan and two other suspects were being investigated for human trafficking in continued form, saying it was a more serious crime than separate counts of trafficking. The Tate brothers and two Romanian female suspects are under house arrest pending a…
By Helen Reid LONDON (Reuters) – IKEA is training call centre workers to become interior design advisers as the Swedish furniture giant aims to offer more home improvement services and hand run-of-the-mill customer queries to an artificial intelligence bot called Billie. In April, IKEA expanded its interior design services to the UK and United States,…
By Lisa Pauline Mattackal and Medha Singh (Reuters) – It’s a rough time to be an altcoin. Insecurity reigns. A slew of altcoins – a catch-all for most cryptocurrencies except bitcoin and ether – have been harpooned in lawsuits filed by U.S. regulators against exchanges Binance and Coinbase last week, hammering the prices of the…
BEIJING (Reuters) -A Chinese state-affiliated social media commentator accused the United States on Tuesday of playing tricks and creating an “illusion” that it is eager to engage, days before an expected visit by U.S. Secretary of State Antony Blinken. The lead up to the high-stakes visit has been marred by new U.S. accusations of Chinese…
TOKYO (Reuters) – Toyota Motor has unveiled a range of technologies to improve the range, performance and cost of electric vehicles (EVs) that it plans to introduce in the second half of the decade. The Japanese automaker, which has been criticised by some investors for being slow to roll out battery electric models, said it…
TOKYO/SINGAPORE (Reuters) – Toyota Motor has said it is moving toward production of solid-state batteries for the next generation of electric vehicles (EVs), bringing a technology that promises more energy storage and faster charging closer to market. HOW ARE SOLID-STATE BATTERIES DIFFERENT? Solid-state batteries use thin layers of solid electrolytes that carry lithium ions between…
By David Shepardson (Reuters) -The Federal Trade Commission asked a court to temporarily block Microsoft Corp’s acquisition of Activision Blizzard on Monday, seeking to halt the deal from closing before the government’s case against the $69 billion deal is heard. The FTC said Microsoft and Activision had signaled the deal could close as soon as…
(Reuters) – Intel is in talks with SoftBank Group Corp’s Arm to be an anchor investor in the chip designer’s initial public offering (IPO), a source familiar with the matter told Reuters on Monday. Arm plans to sell its shares on Nasdaq later this year, seeking to raise between $8 billion and $10 billion, Reuters…
