China files lawsuit with World Trade Organization against US, citing ‘discriminatory policies’ for EVs in the IRA

  • March 26, 2024
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China has filed a formal complaint with the World Trade Organization (WTO) against the US Inflation Reduction Act (IRA), claiming its subsidy policies discriminate against foreign automakers and disrupt the global goal of expediting EV adoption while distorting fair competition. A spokesperson for China’s Ministry of Commerce spoke to reporters and shared the details behind […]

BYD releases last year’s profit report, and it falls a little short

  • March 26, 2024
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Chinese EV giant BYD just released its 2023 annual profit report, and it looks like it missed analyst estimates by a smidge, netting $4.16 billion (30.04 billion yuan) compared to the estimated $4.29 billion (30.94 billion yuan). Still, the company reported a more than 80% rise in net profit last year, so it is showing […]

Tesla is in talks to build electric trucks or vans in Italy, report says

  • March 26, 2024
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Tesla is reportedly in talks with the Italian government to build electric trucks or vans in the country, according to local media. Last month, Adolfo Urso, Italy’s Minister for Business and Made in Italy, said that the government was in talks with Tesla for the automaker to build a factory in the country. Now, a new […]

Renault aims to be first European carmaker to recycle batteries on mass scale

  • March 26, 2024
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French automaker Renault is exploring a lucrative business prospect by partnering with companies to extract  and recycle lithium and other metals in EV batteries, creating a circular economy that can bring in billions of dollars and reduce reliance on China. According to Automotive News Europe, Renault aims to be the first European automaker to recycle […]

Health Technologies

Tennr puts fax machines back in vogue for healthcare organizations using AI, as it secures $18m from a16z – Digital Health Technology News

  • March 26, 2024
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NEW YORK, US – MARCH 26,2024; Fax machines are older than telephones and the internet. Despite being a legacy technology, the healthcare industry still sends 9 billion faxes a year because they are more reliable than telephone calls and emails. While most startups have been trying to digitize faxes out of existence, Tennr has raised $18M to […]

Health Technologies

Tennr puts fax machines back in vogue for healthcare organizations using AI, as it secures $18m from a16z – Digital Health Technology News

  • March 26, 2024
  • 0 Comments

NEW YORK, US – MARCH 26,2024; Fax machines are older than telephones and the internet. Despite being a legacy technology, the healthcare industry still sends 9 billion faxes a year because they are more reliable than telephone calls and emails. While most startups have been trying to digitize faxes out of existence, Tennr has raised $18M to […]