Economy-Transportation Sector: Difference between revisions
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===== Honda commits to going out of business by pulling back on EVs as sales rise ===== | |||
[https://electrek.co/2025/05/20/honda-commits-to-going-out-of-business-by-pulling-back-on-evs-as-sales-rise/ by Jameson Dow 20/5/25 electrek] | |||
Honda’s announcement came earlier today in Japan, stating that it will scrap its plan for EVs to be 30% of its global vehicle sales by 2030, citing a “slowdown in the expansion of the EV market due to several factors, including changes in environmental regulations.” It will reduce planned investment from 10 trillion yen ($69 billion) to 7 trillion ($48 billion). | |||
===== Video Shows Alternative High Speed Rail Concept for US ===== | |||
[https://www.newsweek.com/high-speed-rail-concept-us-2091450 by Theo Burman 29/6/25 Newsweek] | |||
The pitch, outlined in HSR America's promotional video, is ambitious, but grounded in patents and research, and most importantly, its creators believe the technology could avoid the pitfalls currently facing high-speed rail development. | |||
===== Lidar is lame’: why Elon Musk’s vision for a self-driving Tesla taxi faltered ===== | |||
[https://www.theguardian.com/technology/2025/jun/29/elon-musk-tesla-robotaxi by Nick Robins 29/6/25 The Guardian] | |||
The 22 June launch initially appeared successful enough, with a flood of videos from pro-Tesla social media influencers praising the service and sharing footage of their rides. Musk celebrated it as a triumph, and the following day, Tesla’s stock rose nearly 10%. | |||
===== China floods Brazil with cheap EVs triggering backlash ===== | ===== China floods Brazil with cheap EVs triggering backlash ===== | ||
[https://www.reuters.com/business/finance/china-floods-brazil-with-cheap-evs-triggering-backlash-2025-06-19/ by Alessandro Parodi and Victoria Waldersee 20/6/25 Reuters] | [https://www.reuters.com/business/finance/china-floods-brazil-with-cheap-evs-triggering-backlash-2025-06-19/ by Alessandro Parodi and Victoria Waldersee 20/6/25 Reuters] | ||
