Daihatsu, a subsidiary of Toyota, has shut down its factories in Japan following the admission of falsifying safety tests on vehicles. An independent investigation found problems with 64 vehicle models, leading to the suspension of all vehicle shipments. The investigation revealed 174 new cases of irregularities, including tampering with safety tests and fabricating test data. The shutdown is expected to last through at least the end of January, impacting approximately 9,000 employees and numerous supply chains.
Tesla's business model is set to change drastically in the coming years as the company looks to expand into AI technology and self-driving vehicles. According to Cathie Wood's Ark Investment Management, 67% of Tesla's earnings will come from AI by 2027. This article explores Tesla's current business, its plans for growth, and the potential impact of AI on its revenue streams.
The shift away from cars with dirty combustion engines is running into a new hurdle: Drivers don’t want to buy used electric vehicles, and that’s undermining the market for new ones, too.
Former President Donald Trump expressed his strong disdain for supporters of electric cars in his Truth Social Christmas message, wishing them to 'ROT IN HELL.' Trump's message also included attacks against Justice Department Special Counsel Jack Smith and other issues he perceives as threats to the USA.
Find out what's in store for the Toyota Land Cruiser after a three-year absence.
Exploring the possibility of eradicating global hunger
Lawmakers approved $5 billion for states to build a network of fast chargers two years ago. Although some states have made progress in recent weeks, most have not yet awarded contracts or started construction.
In part five of our series exploring myths surrounding EVs, we assess the greenwashing claims.