22 November 2024
22 November 2024
Technologies like batteries as well as those for solar, wind, nuclear and hydrogen power generation depend on critical minerals.
This move is part of a strategic effort to restructure debt, scale operations and secure a sustainable foundation for continued operations.
The firm is considering changing its factory and supplier networks to mitigate disruptions from new trade policies.
There is also potential for Uber to use Pony AI's technology in a partnership outside the US.
The proposal includes forgoing bonuses for 2025 and 2026.
Despite the cost-cutting plans, Mercedes-Benz assured that job security for most employees in Germany remains intact.
Hyundai-Kia sales perking up in the US, led by the Tucson SUV, but still sluggish in Europe.
Nissan has been losing marlet share in southeast Asia and has been shrinking its manufacturing base in the region.
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