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General Motors (GM) announced that it will not meet its target of producing one million electric vehicles (EVs) in North America by the end of 2025. Mary Barra, CEO General Motors cited a slower-than-expected development of the EV market as the reason for the delay. He acknowledged that the EV market is developing more slowly Read more: General Motors backs away from its 1 million EV sales target till 2025..
The Indian government has raised the windfall tax on petroleum crude to 7,000 rupees ($83.78) per metric ton from 6,000 rupees per metric ton, effective from July 16, a notification issued on Monday showed. (While $1 = 83.5510 Indian rupees). The tax is levied in the form of Special Additional Excise Duty (SAED).The export of diesel, petrol Read more: Windfall tax on petroleum crude increased to 7000 Rs…
reAlpha Tech Corp. (Nasdaq: AIRE), a real estate technology company, has recently acquired 85% of the outstanding equity in AiChat Pte. Ltd., a Singapore-based company that develops AI-powered conversational customer experience solutions. The acquisition is expected to enhance reAlpha’s AI capabilities and expand its presence in the Asia-Pacific region. reAlpha Tech acquires AiChat Key Points: Read more: reAlpha Tech acquires AiChat Singapore-based company..