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Self-driving technology startup Avride partners with Hyundai to expand robotaxi fleet

Self-driving technology startup Avride partners with Hyundai to expand robotaxi fleet

(Reuters) - Avride has partnered with Hyundai Motor (OTC:HYMTF) Co to expand its fleet of robotaxis, and signed a deal with the South Korean automaker to jointly develop and operate self-driving vehicles, the companies said on Wednesday.The Texas-based startup will expand its fleet to 100 Hyundai IONIQ 5 cars this year and further in 2026, as Avride looks to enter new regions and enhance its self- ...

2025-03-05 22:40:53
U.S. withdraws from global clean energy partnership - Reuters

U.S. withdraws from global clean energy partnership - Reuters

Investing.com -- The United States has decided to withdraw from the Just Energy Transition Partnership (JETP), a coalition of 10 donor nations working to assist developing countries in transitioning from coal to cleaner energy sources. This information was shared by several sources involved in the partnership, according to Reuters. The JETP was first introduced during the U.N. climate talks in Gla ...

2025-03-05 22:39:11
Kubota aims to enhance India operations, eyes Africa and Southeast Asia markets - Nikkei

Kubota aims to enhance India operations, eyes Africa and Southeast Asia markets - Nikkei

Investing.com -- Japanese agricultural equipment manufacturer, Kubota, is planning to boost its production in India, with the intention of growing its exports to Africa and reducing costs in Southeast Asia, according to Nikkei.Kubota’s President, Yuichi Kitao, recently highlighted the company’s strategy to leverage India’s manufacturing hub as a key growth driver. He also acknowledged the in ...

2025-03-05 22:37:07
Abercrombie & Fitch expects tepid sales growth, margins as tariffs loom

Abercrombie & Fitch expects tepid sales growth, margins as tariffs loom

(Reuters) -Abercrombie & Fitch forecast downbeat annual sales growth and margins as retailers brace for weak consumer spending and the impact of U.S. tariffs, sending its shares down about 6% premarket on Wednesday. Retailers from Walmart (NYSE:WMT) to Home Depot (NYSE:HD) have set their annual targets with caution despite enjoying a strong holiday season driven by discounts and promotions.A ...

2025-03-05 22:35:09