The Innovation Report
Balloon Launches From Maine On Historic Trans-Atlantic Flight
What started as a childhood dream for a Pennsylvania man became a historic balloon launch in Presque Isle on Wednesday night. At about 10 p.m., a multinational team of pilots lifted off in the Torabhaig International Explorer, aiming to fly the first open-basket...
Ford Recalls More Than 1 Million Vehicles Over Rearview Camera Glitch
Ford Motor is recalling nearly 1.1 million Ford and Lincoln vehicles because of a software problem that could cause the rearview camera image to malfunction when the car is in reverse, the National Highway Traffic Safety Administration said. "A frozen...
Trump Tariffs Help Push U.K. Auto Sector To Worst Production Figures In More Than 70 Years
The U.K.’s auto sector is reeling from its worst month for production since 1952—when the Morris Minor ruled the country’s roads and Queen Elizabeth ascended to the throne—as Trump’s tariff war added to a bearish environment for the country’s biggest carmakers. U.K....
BYD Takes Control In Another Key EV Market As Its Global Push Heats Up
The world’s leading electric vehicle (EV) maker is rapidly expanding overseas. After taking control of vehicle sales in Germany last year, BYD is about to do the same in another key overseas EV market. BYD to take control of EV distribution in Australia Last August,...
China Signs Deal With Russia To Build A Power Plant On The Moon — Potentially Leaving The US In The Dust
Russia has signed a deal with China to build a nuclear power plant on the moon. The Russian reactor will be used to power the International Lunar Research Station (ILRS), jointly led by China and Russia, and should be completed by 2036, according to a memorandum of...
Major OEMs Come Together To Establish New Australian Hydrogen Transport Forum
Three of the world’s leading automotive manufacturers have come together to establish a new forum that will promote an accelerated hydrogen transport industry throughout Australia. BMW, Hyundai and Toyota have joined forces to start the Hydrogen Transport Forum (ITF),...
3,500 Percent Solar Tariff Divides US Industry
An independent federal agency has backed imposing levies as high as 3,521 percent on China-linked solar imports from four Southeast Asian countries, writes Christa Marshall. The International Trade Commission concluded unanimously that U.S. manufacturers have been...
China Truck Market Expected To Be 50% Electric By 2028
Robin Zeng, the billionaire head of battery giant CATL, expects half of all new trucks sold in China will be electric-powered by 2028, a forecast that heralds huge disruption for the global market in heavy goods vehicles. In an interview with the Financial Times to...
Road Emission Policies Could Save 1.9M Lives By 2040
Smart policies addressing road transport emissions could save 1.9 million lives and prevent 1.4 million new children's asthma cases worldwide by 2040, according to a new study. This translates to preventing 310 premature deaths and 230 new children's asthma cases per...
Thune Clears Way For Vote On Ending California’s EV Mandate
Senate Majority Leader John Thune, R-S.D., has overcome Democrat opposition to proceeding to a vote this week on overturning California’s electric vehicle mandate. In a 53-to-46 party-line vote, the Senate on Wednesday moved to proceed with a vote on revoking a...
