battery

Toyota showcases compact engines adaptable to different fuels

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Toyota showcases compact engines adaptable to different fuels

Toyota has showcased next-generation engines at a media event with Subaru and Mazda, including 1.5 litre and 2.0 litre engines with reduced volume and height. The three companies aim to optimize integration with motors, batteries, and other electric drive units. The new engines will be compatible with alternative fuel sources such as e-fuels and biofuels. Toyota’s new 1.5 litre engine will achieve a 10% reduction in volume and weight compared to existing engines, while the new 2.0-litre turbo engine will have similar gains. Toyota is following a “multi-pathway” approach to carbon neutrality, with nearly two-fifths of its vehicles sold in January-March being petrol-electric hybrids. EVs are expected to reach a global market share of 30%, with hybrids, hydrogen fuel-cell, and fuel-burning vehicles making up the rest.

BYD unveils new hybrid tech as battle with gasoline rivals heats up

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BYD unveils new hybrid tech as battle with gasoline rivals heats up

BYD launched the fifth generation of its plug-in hybrid technology that achieves a record low fuel consumption of 2.9 litres per 100 km on depleted batteries.

Globe editorial: The Liberals are ripping up Canada’s trump card for productivity growth

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Globe editorial: The Liberals are ripping up Canada’s trump card for productivity growth

The Trudeau government introduced the Accelerated Investment Initiative in late 2018 to encourage corporate investment by allowing companies to expense the cost of new equipment and systems. However, the policy is set to expire by 2028, leading to an increase in effective tax rates on new investments. The Liberals are focusing on redistributionist efforts and targeted tax credits, rather than extending the sector-neutral accelerated capital-cost allowances program. This approach limits the impact on productivity-enhancing assets and may hinder overall economic growth.

LG Chem Avoids First Global Minimum Tax ‘Bombshell’

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LG Chem Avoids First Global Minimum Tax ‘Bombshell’

LG Chem recorded a Pillar Two current corporate income tax expense of 863 million won for the first quarter of this year.

‘Choose France’ investment push bags record $16 billion in pledges

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‘Choose France’ investment push bags record $16 billion in pledges

France won a record 15 billion euros in foreign investment pledges, with Microsoft announcing a 4 billion euro investment in cloud and AI infrastructure. Other companies like Amazon, Pfizer, AstraZeneca, and Novartis also pledged investments in France. Macron’s administration has faced criticism over public finances but has focused on attracting foreign investments to create jobs and boost the economy.

A new generation of batteries may bolster the EU, ’s green ambitions

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A new generation of batteries may bolster the EU, ’s green ambitions

– Sodium is being used to develop rechargeable batteries as an alternative to lithium-ion batteries.
– Sodium-ion batteries are based on more abundant and safer materials than lithium-ion batteries.
– Europe aims to increase its share of global battery-cell production to 25% by 2025.
– Sodium-ion batteries could be cheaper for storing energy in homes, power tools, and small vehicles.
– Sodium-ion batteries offer the prospect of cheaper and cleaner energy for households in Europe.

Opinion: Let’s follow the Irish on productivity

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Opinion: Let’s follow the Irish on productivity

The fact described in the text is that low corporate taxes and friendly regulation fueled the rapid growth that made Ireland a productivity leader.

Hyundai Motor Group plans hybrid cars for India in strategy shift

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Hyundai Motor Group plans hybrid cars for India in strategy shift

Hyundai Motor Group plans to launch its first hybrid cars in India as early as 2026.

Vunipola tasered and arrested after violent incident in Majorca pub

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Vunipola tasered and arrested after violent incident in Majorca pub

Billy Vunipola, an England rugby international, was sentenced to four months’ imprisonment and fined 240 euros for assault and battery after being arrested in Mallorca, Spain, following an incident at a pub.

K-Battery Companies Worried about OECD’s New Global Minimum Tax Policy

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K-Battery Companies Worried about OECD's New Global Minimum Tax Policy

The global minimum tax policy imposes a minimum corporate tax of 15 percent on multinational companies with annual global revenue exceeding 1 trillion won.