Toyota said on Tuesday it expects to spend more than US$13.5-billion (R193-billion) by 2030 to develop batteries and its battery supply system — a bid to lead in the key automotive technology over the next decade.
Browsing: Motoring
A US regulator has barred Virgin Galactic from flying its SpaceShipTwo until it approves its final mishap investigation report from its July flight or determines the issues do not affect public safety.
Leaded petrol has been eliminated after the world’s last remaining stocks were used up last month. Algeria, the only country still pumping leaded petrol into vehicles, exhausted its final stocks in July.
With the growing backlog at driving licence testing centres, government is further extending the grace period for the renewal of licences.
It has become a nightmare for any motorist who needs to renew their driving licence or obtain other vehicle-related documentation.
DiDi Global has suspended plans to expand in Europe partly because of concerns over how the Chinese ride-hailing company handles passenger data, according to a person familiar with the matter.
Uber Technologies has announced a huge expansion of its operating base in South Africa, launching in 21 of the country’s smaller cities and towns, and reaching 80% of the urban population.
Chinese-owned Uber Technologies rival Didi Chuxing Technology – better known as DiDi – will be launched in Johannesburg and Pretoria next Monday, 23 August.
Tesla CEO Elon Musk’s total compensation for 2020 was nil, compared to $23 760 in 2019. However, finance chief Zachary Kirkhorn’s total compensation was $46.6-million.
The Competition Tribunal has given the green light for JSE-listed Transaction Capital to buy a controlling 74.9% stake in South African online car marketplace WeBuyCars. No conditions were attached.