Hyundai introduced significant discounts on its top-selling EVs, including the IONIQ 5, IONIQ 6, and Kona Electric, in South Korea to overcome slumping sales. With government incentives, the IONIQ 5 now starts at just over $30,500 in Hyundai’s home market. Although demand remains strong in the US, Hyundai is still offering big savings opportunities. Hyundai
After announcing its electric vehicle business lost over $5 billion in 2024, Ford could face even more headwinds this year. Despite the threat of new tariffs and fewer government incentives, CEO Jim Farley stressed Ford is still “really confident” in its EV strategy. Farley said that Chinese EV makers are becoming a major global force,
Tesla’s Chief Financial Officer, Taneja Vaibhav, and the head of Tesla’s board of directors, Robyn Denholm, have just sold tens of millions of dollars worth of Tesla (TSLA) stock. Elon Musk’s brother is also selling. Public companies must report insider stock trading by critical executives and board members to the SEC. For Tesla, it’s a
Photo: @TeslaCharging/Twitter Trump’s Federal Highway Administration (FHWA) has issued a memo ordering states to suspend all state EV infrastructure deployment plans under the National Electric Vehicle Infrastructure (NEVI) Formula Program. Trump’s FHWA orders NEVI suspension The $5 billion NEVI program is the big rollout of EV charging infrastructure across the US that was funded by
There has been major travel disruption after a car smashed through a rail bridge and fell on the tracks in Greater Manchester. The incident happened about 2am on Friday near Regent Road roundabout in Eccles, Salford. A man in his 30s was arrested on suspicion of drink-driving and taken to hospital with injuries which are
The makers of video game Football Manager 25 have cancelled its release after a number of delays. The game’s release date had already been pushed back twice and its makers said they knew the latest news would “come as a huge disappointment”. In an update on Thursday, Sports Interactive said it had made the “difficult
The government is spending £22bn on “unproven” technologies which will have a “very significant effect” on energy bills, according to an influential committee of MPs. There has been no assessment of whether the programme to capture and store carbon from the atmosphere is affordable for billpayers, said a report from the Public Accounts Committee (PAC)
The King and Queen are to pay state visits to Italy and the Vatican, Buckingham Palace has confirmed. The major spring tour will take place in early April and celebrate “the strong bilateral relationship between Italy and the United Kingdom”. With royal overseas trips always carried out at the request of the Foreign Office, it
Greece’s authorities have declared a state of emergency on Santorini after a series of earthquakes shook the popular tourist destination. More than 10,000 residents and workers fled the island this week as near-constant tremors and undersea earthquakes have been recorded between Santorini and the islands of Amorgos, Anafi and Ios. A 5.2 magnitude quake struck
Donald Trump has sanctioned the International Criminal Court (ICC), accusing it of “illegitimate and baseless actions targeting America and our close ally Israel”. In his latest round of executive orders, the US president has taken aim at the ICC and rallied against what he called anti-Christian bias in the US. It comes as a US
The head of the Financial Ombudsman Service (FOS) has effectively been forced out of the role after losing the confidence of its board amid growing government pressure on economic watchdogs. Sky News understands that Abby Thomas, whose departure was announced earlier on Thursday, was at the centre of several disputes with fellow directors over issues
James Regan Feb 6, 2025, 08:57 AM ET Open Extended Reactions Savannah Marshall was set to fight on March 7 in London. Charlotte Tattersall/Getty Images IBF super middleweight champion Savannah Marshall has said she felt “humiliated and confused” after being left off the Natasha Jonas – Lauren Price undercard, set for March 7 in London. In
The gunman who killed 10 people and wounded several others in Sweden may have been connected with the adult education centre where he opened fire, police have said. Detectives are still trying to establish a motive for Tuesday’s attack in Orebro, the worst mass shooting in the country’s history. Sweden has been left reeling as
A chimney and pipes at the BKM Nonprofit Fotav Zrt power plant in Budapest, Hungary, on Thursday, Jan. 2, 2025. Bloomberg | Bloomberg | Getty Images Ukraine’s closest allies have warned against the European Union reopening Russian gas pipelines as part of a potential peace settlement, with one Baltic nation describing the prospect as “not
Jeep’s first electric SUV in the US just got more affordable. On Thursday, Jeep launched a new Limited trim at the Chicago Auto Show. The new 2025 Jeep Wagoneer S Limited trim is $5,000 cheaper than the Launch Edition. And it also qualifies for the $7,500 federal EV tax credit. Here’s what the new model
Nuclear energy is set for a “renaissance” that will be accelerated by backing from U.S. President Donald Trump’s administration. That’s according to Yuri Khodjamirian, chief information officer at Tema ETFs, who noted that the Trump administration is “very, very interested in backing this technology.’ However, he also warned investors that developing this energy source is
Ford (NYSE: F) released its fourth-quarter earnings report after the market closed on Wednesday, beating top and bottom line forecasts. Although its Model e electric vehicle business lost another $5.1 billion last year, CEO Jim Farley promises, “Ford is becoming a fundamentally stronger company.” Here’s a breakdown of Ford’s Q4 2024 earnings. Ford Q4 2024
The overlanding trend may be played out, but no one told Audi — and they absolutely knocked it out of the park with this extreme off-road Q6 e-tron concept featuring genuine, high-clearance portal axles. (!?) Volkswagen has been struggling to keep its Audi brand on track recently, but there is no denying team Audi’s styling
2025 Mercedes EQS sedan (Source: Mercedes-Benz) Mercedes-Benz had a rough EV sales year in 2024 in the US, so it’s hitting the reset button this year. To lure buyers back in, the automaker is already rolling out sweet discounts on its 2025 EVs. Sales of the EQB (36%), EQE (39%), and EQS (52%) decreased by
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google CEO Sundar Pichai speaks with Emily Chang during the APEC CEO Summit at Moscone Center West in San Francisco on Nov. 16, 2023. Justin Sullivan | Getty Images News | Getty Images Google is scrapping its diversity goals, becoming the latest tech giant to
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