
The Shoprite Group is South Africa’s largest retailer by market capitalization, sales, profit, and number of employees and customers. Shoprite operates in 11 African countries, and has more than 2,900 stores across Africa. The Shoprite Group is expanding its key environmental programs as part of its sustainability strategy. One the major components of this strategy […]


Volkswagen is in talks with Foxconn to build electric pickup trucks and SUVs for its Scout brand, according to a recent Reuters report. VW said in May that it would reintroduce the Scout name, which originated with the classic International Harvester Scout, one of the earliest SUVs. While that first Scout was just one model, VW envisions an entire... 


Hyundai and battery supplier SK On are partnering to meet the new battery sourcing requirements of the Inflation Reduction Act (IRA). The IRA continues the $7,500 federal EV tax credit, but to qualify for the full amount, it stipulates that EVs and their battery packs must be assembled in North America, and certain minerals used in batteries must... 

The BYD Seagull, which is expected to be launched in the second quarter of 2023, will be the first model with sodium-ion batteries and is expected to be priced as low as about $8,484, according to local media.