Another low-cost electric vehicle is headed to the US. According to Stellantis CEO Carlos Tavares, Jeep plans to launch a $25,000 EV in the US “very soon.” A $25,000 Jeep EV is coming to the US soon Jeep’s first fully electric vehicle for the US will officially debut this week. Meanwhile, the rugged SUV brand
The Mexican state of Nuevo León still believes that the previously announced Tesla Gigafactory is coming despite a recent change of plans. Tesla officially announced Gigafactory Mexico back in March 2023, and until recently, we were wondering what was the hold up to start production after the automaker said it wanted to move fast. In October, Tesla
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday key moments. The stock market experienced a broad decline Wednesday as Club name Nvidia seesawed on either side of unchanged. Nvidia has been on a tear since last Wednesday’s blockbuster quarter —
Despite talk of an electric vehicle “slowdown,” Kia EV9 sales are surging. The electric SUV is on track to reach 50,000 within its first year of launching after being “well received in overseas markets.” Kia EV9 sales are surging in its first year on the market After officially unveiling its first three-row electric SUV in
A primary school teacher who murdered her boyfriend before burying him in their garden has been jailed for life with a minimum of 20 years. Fiona Beal, 50, from Northampton, stabbed Nicholas Billingham, 42, to death sometime between October and November 2021. After previously pleading guilty to the lesser offence of manslaughter by reason of
Tyler Winklevoss and Cameron Winklevoss (L-R), creators of crypto exchange Gemini Trust Co. on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. Joe Raedle | Getty Images Customers with funds locked up in crypto exchange Gemini’s defunct crypto lending
A primary school teacher murdered her boyfriend in a “carefully planned domestic execution” after he sent her a letter declaring his love “until the day I die”, a court has heard. Fiona Beal, 50, has admitted the murder of Nicholas Billingham, who she stabbed to death before burying his body in their garden in Northampton.
The Home Office has “little to show” for the money it has used on the Rwanda scheme and “does not have a credible plan”, a group of MPs has warned. The Commons Public Accounts Committee (PAC) said the government department had spent millions of pounds so far on the policy and its asylum accommodation plans.
May 29, 2024, 07:00 AM ET Open Extended Reactions USC freshman guard Bronny James will remain in the 2024 NBA draft and forgo his remaining collegiate eligibility, Klutch Sports CEO Rich Paul told ESPN. Hours ahead of the 11:59 p.m. ET NCAA deadline on Wednesday, Paul told ESPN: “He’s staying in the draft.” James, the
Samsung at the Mobile World Congress 2023 on March 2, 2023, in Barcelona, Spain. (Photo by Joan Cros/NurPhoto via Getty Images) Joan Cros | Nurphoto | Getty Images South Korean authorities are investigating Samsung, after assessing that two workers at one of the tech giant’s plants were exposed to radiation. The two patients, who are
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT The new iPhone 15 Pro is displayed during an Apple event at the Steve Jobs Theater at Apple Park in Cupertino, California, on Sept. 12, 2023. Justin Sullivan | Getty Images News | Getty Images Apple plans to open its first store in Malaysia next month,
A Singapore Airlines flight hit by severe turbulence experienced a rapid change in gravitational force and a 54m (178ft) altitude drop in four seconds, an investigation has found. It comes after a 73-year-old British man died from a suspected heart attack after the incident on 21 May on the London-Singapore flight. Dozens more were injured
Digitally Generated Images Wong Yu Liang | Moment | Getty Images China set up a multibillion-dollar state-backed investment chip fund last week — and one observer says it will likely focus on advanced chips for AI and establishing the entire supply chain. “Fund 3 will focus on [establishing] the total supply chain. Now, for Fund
Donald Trump was accused of trying to “hoodwink” voters during the 2016 election, while his lawyers labelled a key prosecution witness in his hush money trial as the “greatest liar of all time”. The jury could begin deliberating as early as Wednesday afternoon UK time, with Mr Trump facing 34 counts of falsifying business documents
Associated Press May 28, 2024, 07:30 PM ET Open Extended Reactions CHICAGO — The Chicago Blackhawks have agreed to contracts with forwards Zach Sanford and Martin Misiak. Sanford got a one-year, two-way contract that carries a $775,000 NHL cap hit. Misiak’s deal is a three-year, entry-level contract that has an $878,333 cap hit. The contracts
Ford Performance is at it again. The high-performance unit is teasing its new Ford F-150 Lightning-based EV SuperTruck ahead of its official debut. To showcase its abilities, Ford’s new electric SuperTruck will compete in the upcoming Pikes Peak International Hill Climb. Based on its best-selling electric pickup, Ford’s Performance team tweaked the Lightning-based EV SuperTruck
Hyundai is bringing on ex-Porsche and Apple exec Manfred Harrer to lead the development of its new luxury Genesis Magma brand. The appointment is expected to help accelerate Hyundai Motor’s (including Kia’s) transition to electric with “top-tier” EV leadership. Hyundai hires ex-Porsche, Apple Car exec Hyundai Motor announced Tuesday it had hired Harrer as executive
Volkswagen is aiming for its new low-cost electric vehicles to debut in 2027. The new affordable VW EVs are expected to be priced around $21,800 (20,000 euros). VW still aims for affordable EVs to debut in 2027 After walking away from its partnership to develop an entry-level EV (20,000 euro) with Renault, Volkswagen is going
Ryan Salame, former co-chief executive officer of FTX Digital Markets Ltd., arrives at federal court in New York, US, on Tuesday, May 28, 2024. Yuki Iwamura | Bloomberg | Getty Images Ryan Salame, a former top lieutenant of FTX founder Sam Bankman-Fried, has been sentenced to 90 months, or seven and a half years, in
Despite the market moving toward EVs, Toyota, Subaru, and Mazda are committed to developing next-generation ICE engines. The new engines are “tailored to electrification” with integrated EV components. Toyota, Subaru, Mazda, double down on ICE engines Japanese automakers have been some of the biggest laggards in the transition to fully electric. As a result, Toyota