The Indonesia Investment Authority is prioritising digital infrastructure, healthcare and renewables as the sovereign wealth fund seeks foreign partners and supports the nation’s economic development, its chief investment officer told Reuters.
Carmaker Stellantis said on Wednesday it would discontinue its hydrogen fuel cell technology programme and no longer launch a range of hydrogen-powered vehicles this year, as it sees no development of the market in the mid-term.
European truckmaking rivals AB Volvo and Daimler Truck hope to cut costs and reduce reliance on suppliers by jointly developing a software-defined vehicle program, they said on Tuesday.
The United States is pushing Vietnam in tariff talks to reduce the use of Chinese tech in devices that are assembled in the country before being exported to America, three people briefed on the matter said.
Global sales of electric and plug-in hybrid vehicles rose 24% in May compared with the same period a year ago, as strength in China offset slower growth in North America, according to market research firm Rho Motion.
Beta Technologies became the first U.S. company to land an all-electric aircraft at an airport in the New York-New Jersey region, the company and port authorities said in Tuesday.
Global miner Rio Tinto will tackle one of the biggest technological challenges in the lithium industry as it takes the lead in Chile’s first major projects involving the battery metal in years, alongside state-run mining companies Codelco and ENAMI.