billion - SUV VEHICLE

Tesla banks $US9 billion from rivals

[ad_1] The US electric car giant is still cashing in on other car makers’ failure to meet emissions standards. Electric Cars View 4 images Tesla has banked more than $US9 billion ($AU13.8 billion) in selling regulatory credits to rival car makers unable to meet emission standards. According to a report from Automotive News, Tesla began accumulating … Read more

Toyota Reaffirms Its EV Commitment With A $1.3 Billion Investment To Build EVs

Gray 2024 Toyota bZ4X parked

[ad_1] Toyota, the iconic automaker synonymous with reliability and fuel efficiency, has long danced around the all-electric revolution. While pioneering hybrid technology and remaining a global giant, it faced criticism for lagging behind in pure electric vehicles (EVs). However, a recent $1.3 billion investment in a Kentucky plant dedicated to producing an unnamed three-row electric … Read more

Denied! Elon Musk’s $85 billion Tesla ‘bonus’ cancelled by judge

[ad_1] Tesla CEO Elon Musk will miss out on a staggering compensation package that was deemed ‘unfair’ by a Delaware State judge. View 1 images Tesla CEO Elon Musk. Photo by Chesnot/Getty Images. Performance-based incentives or bonuses are nothing new in the corporate world. Many workers and leaders worldwide are rewarded for meeting a KPI (Key … Read more

DOJ Fines Cummins record $1.675 billion over defeat devices

[ad_1] In an announcement late Friday, the DOJ Fines Cummins record $1.675 billion over defeat devices. This fine is the largest-ever civil penalty for a Clean Air Act Violation according to the U.S. Justice Department. A record $1.675 billion fine for defeat devices?! The Justice department said Cummins installed defeat devices on 630,000 2013 to … Read more

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