China predicts no growth in EV exports for 2025
China leads auto exports in 2024 with 4.8 million vehicles, including 1.29 million NEVs
Project Liberty-led group announces intention to acquire TikTok U.S
The bid comes as ByteDance faces a January 19 deadline to sell the platform or risk a ban under legislation signed by President Joe Biden on April 24
Australia’s telecom Telstra partners with Musk’s SpaceX for satellite services
The collaboration involves integrating Starlink-to-Mobile technology with compatible mobile phones, particularly in remote areas
Oil prices rise as demand expectations balance U.S. inventory concerns
Brent crude futures increased by 0.5% to $76.51 a barrel, while U.S. West Texas Intermediate (WTI) crude futures rise by 0.4% to $73.62
Hyundai plans record $16.65 billion investment in South Korea for EVs
Hyundai plans to establish a new plant at its Ulsan site, adopting hypercasting technology, inspired by Tesla's gigacasting, to streamline EV production
Google to face trial in privacy lawsuit over unauthorized data tracking
Earlier, Google agreed to destroy billions of data records related to users who believed they were browsing privately in Chrome’s "Incognito" mode
California wildfires cause damages exceeding $50 billion
Over 456,000 homes valued at $300 billion at risk in Los Angeles and Riverside counties
Apple denies selling Siri data after $95 million lawsuit settlement
The statement follows a $95 million settlement over claims that Siri unintentionally recorded private conversations and shared them with third parties
China expects record 9 billion trips during Lunar New Year travel
The travel rush, which starts on January 14, is expected to see people journey to and from their hometowns for the festivities
Trump considers national emergency for new tariff program
The move enables Trump to use emergency powers to regulate imports and create a new tariff program
Japan cites national security in response to retail giant buyout bid
Japan classifies 7-Eleven as "core" to national security, but the finance ministry says the designation would not hinder potential buyouts
BYD brought hundreds of Chinese workers to Brazil on irregular visas, inspector says
The firm agrees to adjust the conditions of hundreds of workers remaining in the country to comply with Brazilian labor laws, says Liane Durao
Rolls-Royce invests $376M to meet growing demand for customized cars
The automaker sells 5,712 cars globally in 2024, fewer than 6,032 in 2023, but reports higher total sales value due to more bespoke builds
White House launches cybersecurity label for smart home products
The initiative aims to address rising concerns about the security risks posed by internet-connected devices.
Honda reveals next-gen EVs and energy network plans at CES 2025
Honda plans to introduce 0 Series models worldwide, starting in North America in 2026