Summary by NewsWall Apr 11 23
- DE) has made electric vehicles eligible for tax credits of up to $7,500 after revising its vehicle classification definitions.
- The Treasury announcement allows automakers to consider crossover SUVs for credit.
- GM, which had urged the US Treasury to reconsider the Lyriq's classification in order for it to qualify, said the change "will provide the needed clarity to consumers and dealers, as well as regulators and manufacturers."
- The revised definition, according to the Treasury, will apply to EV purchases beginning January 1.
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| Last Updated | Feb 04 23 |
| Total Articles | 8 |
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Treasury makes more electric SUVs eligible for tax credits: WASHINGTON (AP) — The Treasury Department said Friday it is making more electric vehicles — including ...
apnews.com/article/biden-elon-musk-technology-us-department-of-the-treasury-climate-and-environment-a4f6351ddc59b3cc69cc21bd2b95ffa6
U.S. says more Tesla, Ford, GM EVs eligible for tax credits: The U.S. Treasury Department said Friday it will make more Tesla (TSLA.O), Ford Motor (F.N) ...
reuters.com/business/autos-transportation/us-treasury-makes-more-evs-eligible-tax-credits-2023-02-03/
Tesla, GM to see more EVs eligible for tax credits under new U.S. rules: More EVs made by Tesla, General Motors and other companies will be eligible for tax ...
marketwatch.com/story/tesla-gm-to-see-more-evs-eligible-for-tax-credits-under-new-u-s-rules-11675450725
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Treasury makes more electric SUVs eligible for tax credits: WASHINGTON (AP) — The Treasury Department said Friday it is making more electric vehicles — including ...
apnews.com/article/biden-elon-musk-technology-us-department-of-the-treasury-climate-and-environment-a4f6351ddc59b3cc69cc21bd2b95ffa6
U.S. says more Tesla, Ford, GM EVs eligible for tax credits: The U.S. Treasury Department said Friday it will make more Tesla (TSLA.O), Ford Motor (F.N) ...
reuters.com/business/autos-transportation/us-treasury-makes-more-evs-eligible-tax-credits-2023-02-03/
Tesla, GM to see more EVs eligible for tax credits under new U.S. rules: More EVs made by Tesla, General Motors and other companies will be eligible for tax ...
marketwatch.com/story/tesla-gm-to-see-more-evs-eligible-for-tax-credits-under-new-u-s-rules-11675450725
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More EVs made eligible for revised $7,500 tax credit - Autoblog: The Treasury Department made several additional vehicles eligible for up to $7 ...
autoblog.com/2023/02/03/ira-revised-ev-credit-categories/
Tesla to cut 14,000 jobs as Elon Musk aims to make carmaker ‘lean and hungry’: Billionaire says ‘there is nothing I hate more’ than cutting staff as more than ...
theguardian.com/technology/2024/apr/15/tesla-cut-jobs-elon-musk-staff
Quick Glance: Tesla to Cut 14,000 Jobs, Elon Musk Aims for Lean Brand
- Tesla is laying off more than 10% of its global workforce, equivalent to at least 14,000 roles, in response to slowing demand and price pressure.
- Elon Musk announced the 'difficult decision' in a memo, mentioning that Tesla had experienced role and function duplications in certain areas due to rapid growth in recent years.
- The job cuts follow a difficult start to the year for the electric carmaker, citing production problems caused by unforeseen factors and a decline in global demand.
- Tesla recorded a gross profit margin of 17.6% in the fourth quarter, the lowest in over four years, attributed to repeated price cuts and increased competition in China.
You can power your home for 21 days with a Chevy Silverado EV and GM’s new bidirectional charger
electrek.co/2024/04/18/you-can-power-your-home-for-21-days-with-a-chevy-silverado-ev-and-gms-new-bidirectional-charger/
BYD’s Push Into Electric SUVs and Premium Cars Is a Threat to More Than Just Tesla
barrons.com/articles/byd-tesla-stock-models-0d9d7fc9
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GM will relocate headquarters from RenCen to Detroit's new Hudson's building: GM CEO Mary Barra and Rocket Companies CEO Dan Gilbert announced that GM will move ...
freep.com/story/money/cars/general-motors/2024/04/15/gm-headquarters-rencen-detroit-hudsons-tower/73328040007/
RenCen isn’t an architectural jewel. Tear it down. | Letters to the Editor: General Motors is moving out of Detroit's RenCen. Freep readers share thoughts on ...
freep.com/story/opinion/readers/2024/04/18/gm-rencen-renaissance-center-detroit-waterfront-repurpose-demolition/73356433007/
Foreign holdings of US Treasuries hit record high; Japan holdings rise, data shows
reuters.com/markets/us/foreign-holdings-us-treasuries-hit-record-high-japan-holdings-rise-data-shows-2024-04-17/
Ford Bronco Sport SUVs and Maverick Pickups Recalled for Loss of Power While Driving
consumerreports.org/cars/car-recalls-defects/ford-recalls-bronco-sport-and-maverick-for-loss-of-power-a2834960968/
US opens probe into 3,322 GM Cadillac Lyriq EVs over loss of brake assist: The U.S. National Highway Traffic Safety Administration (NHTSA) said on Monday it has ...
reuters.com/business/autos-transportation/us-opens-probe-into-over-3300-gm-cadillac-lyriq-vehicles-over-loss-brake-assist-2024-04-15/
Cybertruck owners allege pedal problem as Tesla suspends deliveries: Owners will have to wait until April 20 for deliveries to resume.
arstechnica.com/cars/2024/04/tesla-stops-cybertruck-deliveries-accelerator-pedal-may-be-to-blame/
Quick Glance: Tesla Cybertruck: Pedal Safety Issues
- The Tesla Cybertruck has faced criticism for various issues, but now a serious safety concern with the accelerator pedal has led to the temporary halt of deliveries.
- A video and reports show that the pedal cover can come loose and jam, causing unintended acceleration even when the foot is not on the pedal.
- Deliveries have been halted, appointments rescheduled and canceled as Tesla investigates acceleration issues. A regulatory investigation looms over the company, potentially requiring a recall of all trucks.
- Some drivers have attempted to manually remove the pedal cover, indicating a potentially serious safety issue that cannot be resolved through software.
Cyprus and U.S. to form partnership to combat financial crime - ICIJ: The two countries are finalizing an agreement under which the U.S. Justice Department and ...
icij.org/investigations/cyprus-confidential/cyprus-and-u-s-to-form-partnership-to-combat-financial-crime/
US, UK announce new sanctions on Iran after missile and drone strike on Israel: The United States and the United Kingdom announced widespread sanctions against ...
scmp.com/news/world/united-states-canada/article/3259534/us-uk-announce-new-sanctions-iran-after-missile-and-drone-strike-israel
Quick Glance: Israeli Push for Sanctions Against Iran Amid ‘Diplomatic Offensive’
- Israel has launched a “diplomatic offensive” against Iran, urging sanctions against the Islamic republic.
- Israeli Foreign Minister Israel Katz has called on 32 countries to impose sanctions on Tehran as Israel considers a military response to Iran’s attack.
- Israeli military sources reported intercepting 99 percent of aerial threats with assistance from the United States and allies, causing only minor damage.
- Tensions are high as Israel ponders its reaction to Saturday's attack while Germany calls for new sanctions related to Iran's drone supply to Russia for use in Ukraine.
Video shows 100mph drunk-driver Miley Connors who had child in car: A police officer said it was "one of the worst pieces of driving I have ever seen".
bbc.com/news/av/uk-england-oxfordshire-68835711
Quick Glance: Child Endangered: Driver Speeds at 100mph on Hard Shoulder
- A reckless driver accelerated to over 100mph on the hard shoulder, causing an accident and then exiting the vehicle to urinate as his child fled the car.
- Miley Connors, 37, drove down the M40 in December 2021 in a silver Mercedes-Benz SUV, a pursuit described by the police as the worst they had ever seen.
- Numerous calls were made to emergency services after other terrified drivers witnessed Connors driving on the motorway in Warwickshire.
- He then moved into Oxfordshire and Buckinghamshire, maneuvering in and out of traffic at high speed.
US, UK unveil sweeping sanctions on Iran in response to its attack on Israel: WASHINGTON: The United States and the United Kingdom announced widespread sanctions ...
channelnewsasia.com/world/us-uk-unveil-sweeping-sanctions-iran-after-attack-israel-4275611
Quick Glance: US imposes new sanctions on Iran's drone program
- The United States imposed new sanctions Thursday on sixteen people and two entities associated with Iran’s drone program to punish Tehran for the weekend's attack on Israel.
- The sanctions target executives of an engine manufacturer supplying Iran’s Shahad-131 drones, companies servicing the engines, and individuals providing the drones to Iranian proxy forces in the Middle East.
- Coordinated with European allies, the new sanctions aim to disrupt Iran's missile and drone program and isolate the country globally.
- President Joe Biden emphasized the US commitment to holding Iran accountable, utilizing economic tools to counter Iran's activities, as stated by Treasury Secretary Janet Yellen.
Woman starts Tesla update in the blazing sun and is then trapped: Cars get very hot in summer. A young woman from the USA had to experience this for herself ...
stern.de/auto/frau-startet-tesla-update-in-der-prallen-sonne-und-ist-danach-gefangen-34628428.html
US sanctions target Hamas spokesperson, drone program leaders: The United States on Friday issued sanctions aimed at a Hamas spokesperson and leaders of the ...
reuters.com/world/middle-east/us-sanctions-target-hamas-spokesperson-drone-program-leaders-2024-04-12/
SMRT bus driver, 58, dies after crashing vehicle into tree in Woodlands: No commuters were on board at the time of the accident.
straitstimes.com/singapore/smrt-bus-driver-58-dies-after-crashing-vehicle-into-tree-in-woodlands
The tragedy which took the lives of 10 students: Samad Al Shan: Ten students aged between 10 and 15 years old died when their vehicle was washed away in a ...
omanobserver.om/article/1152370/oman/weather/the-tragedy-which-took-the-lives-of-10-students
Road user charges: Are EVs still cheaper to run than petrol cars?: Owners of some EVs now pay the same road user charges as diesels - so is it still worth it?
rnz.co.nz/news/top/514269/road-user-charges-are-evs-still-cheaper-to-run-than-petrol-cars
US Treasury's Adeyemo warns 'malign' actors are using virtual assets: The U.S. Treasury Department fears terrorist groups will increase their use of virtual ...
reut.rs/3JbAZ0P
GM to Move Headquarters to Dan Gilbert’s Hudson’s Tower in Detroit: General Motors Co. will move its downtown Detroit headquarters across the city next year to ...
bloomberg.com/news/articles/2024-04-15/gm-said-to-plan-move-to-dan-gilbert-s-hudson-s-tower-in-detroit
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Treasury Department plans to impose new sanctions on Iran after Israel attack: Yellen's comments come as Israel's war cabinet is weighing how to respond to the ...
cnbc.com/2024/04/16/treasury-department-to-impose-sanctions-on-iran-after-israel-attack.html
Quick Glance: Yellen warns of further sanctions in response to Iran's increasing activities
- Treasury Secretary Janet Yellen warned of potential global economic damage from rising tensions in the Middle East and pledged that the U.S. and its allies won't hesitate to use their sanctions powers to address Iran's 'malign and destabilizing activity' in the region.
- The fast-rising tensions between Iran and Israel and the potential implications of escalation on the global economy are at the forefront of the spring meetings of the International Monetary Fund and World Bank.
- Yellen announced additional sanctions actions against Iran in the coming days and expressed support for liquidating roughly $300 billion in frozen Russian Central Bank assets for Ukraine's reconstruction.
- Another major focus of this year's meetings will be Chinese industrial policy, which Yellen believes poses a threat to U.S. jobs and the global economy. She plans to meet with Chinese counterparts to identify potential areas of cooperation and address concerns.
Toyota recalls about 55,000 vehicles over rear door issue: See affected models: Toyota is recalling certain 2023-2024 Prius and Prius HEV compacts because rear ...
usatoday.com/story/money/cars/recalls/2024/04/17/toyota-recall-prius-hev/73356179007/
GM just opened a sprawling new design center that will help shape the future of its cars
fastcompany.com/91073623/general-motors-new-design-center-is-a-huge-expansion-of-its-car-design-capabilities
NFL teams know the best way to draft, so why aren’t they doing it?: Only a few teams are curious enough to think differently, and even fewer are disciplined ...
theathletic.com/5416007/2024/04/16/nfl-drafting-methods-insight-massey-thaler/
Tesla Semi has been pushed ‘well beyond expectations’ by a new customer: Tesla has delivered its Tesla Semi, an electric semi truck, to a new customer for a ...
electrek.co/2024/04/17/tesla-semi-pushed-well-beyond-expectations-new-customer/
Auto Sales Boosted by Deals, Cheaper SUVs as Americans Turn Frugal: Toyota Motor Corp. and Honda Motor Co. notched big US sales gains to start the year and ...
bloomberg.com/news/articles/2024-04-02/auto-sales-boosted-by-deals-cheaper-suvs-as-americans-turn-frugal
Paid articlePaid Ford, GM Stock Price Targets Are Rising. Wall Street Trims Tesla Stock.
barrons.com/articles/tesla-stock-ev-ford-gm-1096b617
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European ports turned into ‘car parks’ as vehicle imports pile up: Chinese EV makers without sales networks or onward transportation among leading causes of ...
ft.com/content/496f3bfa-9f0c-4145-9024-188572a280fd
If Trump wins, he plans to free Wall Street from 'burdensome regulations': A second Trump White House would seek to sharply reduce the power of U.S ...
reuters.com/markets/us/if-trump-wins-he-plans-free-wall-street-burdensome-regulations-2024-04-12/
Tesla, BYD and Co.: The problem with the high repair costs for electric cars: In Germany, growth in the electric car market is over. This is also due to the ...
wiwo.de/unternehmen/auto/elektroautos-viele-e-autos-sind-schon-nach-kleinen-unfaellen-schrottreif/29740558.html
Stonka of a Tonka - and it's electric: The biggest electric vehicle of its kind has arrived in New Zealand — and it's right here in Otago.
odt.co.nz/business/stonka-tonka-and-its-electric
More Ford Bronco Sport and Escape SUVs Recalled for Fire Risk: Ford is recalling 42,000 more Bronco Sport and Escape SUVs because a fuel leak might cause a fire ...
consumerreports.org/cars/car-recalls-defects/more-ford-bronco-sport-and-escape-suvs-recalled-fire-risk-a1026514361/
US Treasury Seeks More Sanctions Powers Against Crypto Exchanges: The US Treasury Department is asking politicians for more enforcement powers to use against ...
bloomberg.com/news/articles/2024-04-09/us-treasury-seeks-more-sanctions-powers-against-crypto-exchanges
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The IRS’s new tax software: Rave reviews, but low turnout: The agency said it met a goal of 100,000 users for the new Direct File site, which is limited to 12 ...
washingtonpost.com/business/2024/04/15/irs-direct-file-reviews/
Ford's Hands-Free BlueCruise Was Active in Fatal Crash, Officials Say: A Mustang Mach-E being driven with Ford's hands-free BlueCruise system was in ...
thedrive.com/news/fords-hands-free-bluecruise-was-active-in-fatal-crash-officials-say
Boy died leaping from family's truck as it lost control pulling water tank : Tomos Rhys Bunford loved farming and animals and is buried on the family farm with ...
walesonline.co.uk/news/wales-news/boy-nine-died-leaping-familys-28964240
U.S. sanctions target Iran’s drone production after attack on Israel: Treasury announces new sanctions on Tehran but seeks to contain broader conflict.
washingtonpost.com/business/2024/04/18/iran-treasury-drone-sanctions/
Tesla layoffs include 14% of Buffalo workers, WARN notice shows
reuters.com/business/autos-transportation/tesla-layoffs-include-14-buffalo-workers-warn-notice-shows-2024-04-17/
Arizona Coyotes players told team is relocating to Salt Lake City, reports say: GM Bill Armstrong told the team it would relocate to Salt Lake City and the move ...
usatoday.com/story/sports/nhl/coyotes/2024/04/12/arizona-coyotes-relocating-salt-lake-city/73310336007/
Quick Glance: Reports suggest Arizona Coyotes potentially relocating to Salt Lake City
- Arizona Coyotes general manager Bill Armstrong traveled to Edmonton to brief the team on relocation rumors.
- According to multiple reports, the team was reportedly informed about an upcoming relocation to Salt Lake City.
- Two schedules were created for the upcoming season, one for Salt Lake City and one for Arizona.
- There are still uncertainties surrounding the future of the franchise, with an official announcement of the sale scheduled for April 18.
She saved her baby in fatal crash: Penal mother Simran Rahamut used her body as a human shield to protect her one-year-old infant when the family’s vehicle ...
trinidadexpress.com/newsextra/she-saved-her-baby-in-fatal-crash/article_2bd1b6c4-f975-11ee-84c1-4f8e6bb76950.html
Scoop: Treasury wants "sharper scalpel" to dissect foreign investment into the U.S.
axios.com/2024/04/11/cfius-foreign-investment-treasury-review
Tax Day 2024: Where's my refund and why not everyone in Michigan must file by April 15
freep.com/story/money/personal-finance/susan-tompor/2024/04/15/irs-april-15-june17-michigan-storms-when-to-expect-tax-refunds/73324464007/
Teen run over by police vehicle in Melaka while trying to flee cops: MELAKA: Melaka police have pledged to conduct a thorough and impartial investigation into ...
thestar.com.my/news/nation/2024/04/11/teen-run-over-by-police-vehicle-in-melaka-while-trying-to-flee-cops
Tiny Spaces T&T addresses housing, real estate crises one unit at a time: WHAT if you can get a house for the same price as a vehicle?The team at Tiny Spaces ...
trinidadexpress.com/business/local/tiny-spaces-t-t-addresses-housing-real-estate-crises-one-unit-at-a-time/article_6c68f53a-fc63-11ee-8fc3-bf90008f938c.html
U.S. Senator adds to warning of Vista's ammo deal with Czech group: The company's $1.9B deal hinges on CFIUS ruling.
axios.com/2024/04/17/vista-ammo-deal-kennedy-warning
Why are auto insurance premiums so high? Blame inflation and a few other factors: Wednesday's inflation report showed consumer price growth continues to drift ...
nbcnews.com/business/consumer/auto-insurance-premiums-costs-high-prices-inflation-explainer-rcna147204
Jared Goff, Brad Holmes appear to be creating a grievance culture within Detroit Lions
freep.com/story/sports/columnists/carlos-monarrez/2024/04/13/detroit-lions-jared-goff-brad-holmes-grievance-culture-chip-on-shoulder/73304087007/
Treasury wants to boost foreign investment review powers, as Congress dissects Nippon, TikTok deals
apnews.com/article/foreign-investment-nippon-us-steel-209e2f423db824e325787a390d03f6f1
SpaceX all set for a record-breaking rocket launch on Friday: SpaceX has set lots of spaceflight records in its 22-year history, and on Friday one of its rockets ...
digitaltrends.com/space/spacex-all-set-for-a-record-breaking-rocket-launch/
Quick Glance: SpaceX Spending on Moonshot Bets
- Confidential SpaceX financial reports for 2018 and 2019 reveal the company's reliance on Starlink for profitability.
- The pivotal years of 2018 and 2019 saw significant events like the Falcon Heavy rocket launch and Crew Dragon capsule test.
- The company reported revenues of $1.98 billion in 2018 and $1.45 billion in 2019, but also faced losses due to high costs.
- The financials indicated NASA contracts played a significant role in SpaceX's revenue, while the introduction of the Starship rocket may change the game.
UAW's Shawn Fain makes Time's list of 100 most influential people of 2024: UAW President Shawn Fain has been named as one of Time's 100 most influential people ...
freep.com/story/money/cars/2024/04/17/uaw-fain-biden-time-most-influential-people/73357552007/
US sanctions Hamas spokesperson, leaders of drone unit: The Treasury Department announced Friday it issued sanctions against a Hamas spokesperson and leaders of ...
thehill.com/policy/international/4590396-us-sanctions-hamas-spokesperson-leaders-drone-unit/
Ford recalls over 450,000 vehicles in US for issue that could affect battery, NHTSA says
usatoday.com/story/money/cars/recalls/2024/04/17/ford-recall-bronco-sport-maverick/73352450007/
Hyundai US boss calls out the competition as the brand goes ‘all in’ on electric vehicles
electrek.co/2024/04/08/hyundai-us-boss-calls-out-rivals-brand-goes-all-in-on-evs/
Detroit Pistons announce search for president of basketball ops over top of GM Troy Weaver
freep.com/story/sports/nba/pistons/2024/04/15/detroit-pistons-nba-president-of-basketball-operations-tom-gores-troy-weaver/73332795007/
Yellen Warns China on Exports and Russia Support: Beijing’s economic policies threaten American workers, Treasury Secretary Janet L. Yellen told Vice Premier He ...
nytimes.com/2024/04/06/business/economy/us-china-yellen.html
Quick Glance: China and U.S. to Engage in Intensive Talks on Economic Balance
- US Treasury Secretary Janet Yellen announced intensive talks with China to address America's competitive disadvantages.
- Both sides will engage in intensive discussions on balanced economic growth and initiate exchanges on combating money laundering.
- Yellen emphasized the importance of addressing American concerns regarding overcapacity in Chinese production.
- The meetings will be held under existing economic and financial working group frameworks to address balanced growth and money laundering.
Labor costs, shortage, increasing reliability: Why we're seeing more robots inside plants
detroitnews.com/story/business/autos/2024/04/11/why-were-seeing-more-robots-inside-auto-plants/73245120007/
Circus elephant startled by backfiring vehicle stops traffic: The sound of a vehicle backfiring spooked a circus elephant while she was getting a pre-show bath ...
abcnews.go.com/US/wireStory/vehicle-backfiring-startled-circus-elephant-montana-street-performed-109355212
'Too inconvenient': Motorists complain about ERP 2.0 card reader but welcome changes in installation process
channelnewsasia.com/singapore/erp-cars-drivers-card-reader-obu-motorcycles-installation-4250531
Yellen to return to China, press counterparts on excess factory capacity threat: U.S. Treasury Secretary Janet Yellen will return to China this week to continue ...
reuters.com/markets/us-treasurys-yellen-return-china-emphasize-excess-capacity-threat-2024-04-02/
2 Police Officers Are Killed in Shootout Near Syracuse, N.Y.: A suspect fired at the officers as they investigated a stolen vehicle in the upstate town of Salina ...
nytimes.com/2024/04/15/nyregion/police-officers-salina-shooting.html
States sue to block US rules curbing tailpipe emissions in cars, light trucks: Republican attorneys general from 25 states on Thursday sued the U.S ...
reuters.com/legal/republican-led-states-sue-block-us-rules-curbing-tailpipe-emissions-cars-light-2024-04-18/
General Motors: What Happened When The Quants Drove In: General Motors' shares surged 26.9% recently, surpassing the S&P 500, while analysts' views remain mixed ...
seekingalpha.com/article/4681729-general-motors-what-happened-when-the-quants-drove-in
Paid articlePaid U.S., China agree to hold more talks about economic concerns: The announcement is a very minor step aimed at cooling tensions around overproduction concerns.
axios.com/2024/04/06/us-china-yellen-economy-negotiation
Goats killed after herd of Llandudno's famous four legged beasts hit by vehicle: Police were called after the animals were struck on the outskirts of the town
dailypost.co.uk/news/north-wales-news/goats-killed-after-herd-llandudnos-28965110
Hybrid Cars Find Favor As EV Auto Sales Slow, Automakers Recalculate: Automakers are backtracking on massive EV commitments as buyers favor hybrid cars ...
investors.com/news/hybrid-cars-ev-electric-vehicles-ford-gm-tesla-toyota-honda/
U.S. extends license protecting Citgo from creditors through mid-August
reuters.com/business/energy/us-extends-license-protecting-citgo-creditors-through-mid-august-2024-04-15/
Ford US sales up 6.8% in Q1; hybrids hit a record: Electric vehicle sales rose 86% year-over-year, and hybrids were up 42%.
detroitnews.com/story/business/autos/ford/2024/04/03/ford-us-sales-increase-first-quarter-hybrids-record/73189167007/
US and China agree to start new talks on 'balanced' economic growth: The United States and China have agreed to hold "intensive exchanges on balanced growth" ...
france24.com/en/live-news/20240406-us-china-agree-to-hold-talks-on-balanced-economic-growth
Quick Glance: US and China Reach Accord on New Talks for 'Balanced' Economic Growth
- The United States and China have agreed to hold 'intensive exchanges on balanced growth', as stated by the US Treasury Department, following two days of discussions between Treasury Secretary Janet Yellen and her Chinese counterpart He Lifeng in Guangzhou.
- These planned talks signify the latest advancement in joint efforts to stabilize relations between the world's top two economies since a meeting between Presidents Joe Biden and Xi Jinping last November.
- Yellen emphasized that these exchanges will facilitate a discussion on macroeconomic imbalances, including the link to overcapacity, and her intention to advocate for a fair playing field for American workers and companies.
- The US Treasury Secretary cautioned against China's overcapacity risks and highlighted the importance of dialogue to avoid potential conflicts, noting progress in the talks and the structured continuation of discussions as crucial.
TikToker trapped in 115-degree heat after her Tesla locked her inside: The Tesla handbook says opening the car doors during a software update can damage the ...
businessinsider.com/tiktoker-trapped-hot-car-tesla-locked-her-inside-software-update-2024-4
Here's Why People Are Willing to Pay More for an EV: Average EV prices are higher than gas-powered vehicles, but many consumers are willing to pay more upfront ...
cnet.com/roadshow/news/heres-why-people-are-willing-to-pay-more-for-an-ev/
High speed crash death: A man was killed after the vehicle he was driving collided with a wall in Fyzabad on Sunday afternoon.
trinidadexpress.com/newsextra/high-speed-crash-death/article_4f609696-fab0-11ee-8d8f-9f2cba5629bd.html
US issues fresh Iran-related sanctions targeting vessel owner: The United States on Thursday imposed new Iran-related counterterrorism sanctions against ...
reuters.com/world/us-issues-fresh-iran-related-sanctions-targeting-vessel-owner-2024-04-04/
Janet Yellen tackles China over flood of cheap goods: Janet Yellen has kicked off her second visit to China as US treasury secretary with a warning of the risk ...
cnn.com/2024/04/04/business/yellen-us-china-economic-relations-hnk-intl/
Quick Glance: Yellen Warns China of Overproduction Risks
- Janet Yellen has warned China during her second visit as US Treasury Secretary about the risks to jobs and businesses posed by the overproduction of certain goods.
- Yellen highlighted the consequences of the overcapacity of Chinese goods in key industries such as electric vehicles and solar panels, stating that this could impact American firms, workers, and companies globally.
- She discussed potential trade barriers that could be considered if China does not respond to warnings about overcapacity, emphasizing that China is flooding the global market with cheap, state-subsidized products.
- Yellen emphasized the importance of a level playing field for companies and workers in both countries and continued her discussions on bilateral cooperation in areas such as climate change and financial stability with Chinese counterparts.
It's Official! C8 Chevrolet Corvette ZR1 Coming This Summer: At long last, the rumors will be either fulfilled or dashed.
carbuzz.com/teased-c8-chevrolet-corvette-zr1-coming-summer-2024/
Tesla is unveiling its new ‘robotaxi’ on August 8: Tesla CEO Elon Musk announced that the automaker is planning to unveil its new ‘robotaxi’ ...
electrek.co/2024/04/05/tesla-robotaxi-unveiling-august-8/
Quick Glance: Elon Musk to Unveil Tesla 'Robotaxi' on August 8
- Elon Musk announced that Tesla will unveil its robotaxi on August 8, despite past promises and delays with self-driving cars.
- Musk plans to develop a car without controls for human use and gradually enhance Tesla vehicles with Full Self-Driving capability.
- Currently, buyers can add the Full Self-Driving feature for an additional cost, but experts note that the system is not fully autonomous yet.
- Other companies like Waymo and Cruise are also working on autonomous ride-sharing services, despite safety concerns and incidents.
Oruga Unitrack: Latvian company is working on tracked electric powersports vehicle to tackle the off-highway market.
cycleworld.com/motorcycle-news/oruga-unitrack/
Chinese smartphone maker Xiaomi starts delivering the first of more than 100,000 EVs ordered
reuters.com/business/autos-transportation/chinas-xiaomi-receives-over-100000-orders-begins-deliveries-its-first-ev-2024-04-03/
Quick Glance: Xiaomi begins deliveries of over 100,000 orders for first EV
- Xiaomi receives over 100,000 orders for its first electric car SU7 and starts deliveries.
- The first deliveries come from a limited batch of 5,000 cars, named the "Founder's Edition."
- Xiaomi advises buyers of potential wait times of four to seven months due to strong demand.
- The launch of the SU7 fulfills the ambitions of CEO Lei, who announced the company's entry into EVs in 2021.
This Ferrari Has a Top Speed of 15 MPH. It Could Fetch $1 Million at Auction.: A Ferrari prototype used as a test mule during the development of the ...
robbreport.com/motors/cars/ferrar-f12tdf-prototype-15-mph-top-speed-auction-1235577419/
Memphis police officer and teen suspect killed in early-morning shootout: A Memphis police officer and a teenager were killed during a shootout early Friday ...
nbcnews.com/news/us-news/memphis-police-officer-teen-suspect-killed-early-morning-shootout-rcna147560
Why is everyone freaking out about The Corporate Transparency Act? : Maybe it’s unconstitutional and if so, then so be it. But I get why it exists and I don’t ...
thehill.com/opinion/4580867-why-is-everyone-freaking-out-about-the-corporate-transparency-act/
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