UK’s New Car Sales Increased by 26% year-on-year in February 2023

According to industry data released, the number of new car registrations in the UK increased by 26% in February to 74,441, marking the seventh consecutive month of growth in the market. Strong demand for fully electric vehicles, which increased by 18 percent to 16.5 percent market share, contributed to the rise. According to data from […]

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Shell’s 2022 Emissions Dropped by 10%

According to its annual report and calculations made by Reuters, Shell’s emissions decreased by approximately 10% in 2022 to 1.232 billion tonnes of CO2 equivalent as its fuel sales, which included gasoline and diesel, decreased by approximately 5% to 4.2 million barrels per day. In a report, Shell said that, the diminishing is generally because […]

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Meta Launches New AR and VR Plans

According to reports, Meta intends to launch its first pair of display-equipped smart glasses and a neural interface smartwatch in 2025. In the meantime, the company plans to release its first pair of full-fledged augmented reality glasses in 2027. CEO Mark Zuckerberg has predicted that these glasses will one day be used as much as […]

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Stellantis to Invest $155-Million in Three Indiana Plants to Produce EDMs

Stellantis announced that it will put $155 million into three plants in Kokomo, Indiana, to make new electric drive modules (EDMs). These EDMs will power future electric cars made in North America and help the US reach its goal of 50 percent battery electric sales by 2030. The Kokomo-built EDM will be incorporated into vehicles […]

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JLR Opens Three New Tech Hubs in Europe

As part of its partnership with Nvidia, an artificial intelligence company based in Silicon Valley, luxury carmaker Jaguar Land Rover (JLR) said that it will open three new engineering hubs in Europe to develop technologies for autonomous vehicles. For JLR’s next generation of luxury vehicles, self-driving systems will be developed at the hubs in Munich, […]

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