Mercedes-Benz abandons 2030 electric-only target
Luxury car maker Mercedes-Benz is not targeting 2030 to complete its transition to producing only electric cars. After announcing its 2021 targets, the German automaker blamed “market conditions” for poor EV sales and consumer demand not meeting expectations, but almost all major automakers currently have We are witnessing this reality. The company announced that. Investor […]
Upscale Rideshare Platform Abandons Commitment To All-Electric Fleet After Missing Mark
Alto, the app-based ride-hailing service that positions itself as a premium alternative to Uber and Lyft, is scaling back its operations and abandoning its current goal of introducing all-electric vehicles, according to Axios. That’s what it means. After pulling out of San Francisco last year, the company no longer operates in Washington, D.C. or Miami, […]
Crew Abandons ‘Sinking’ Ship Struck by Houthi Missile
The crew of a bulk carrier that was part of an operation to export Ukrainian grain and was attacked by Houthi missiles over the weekend has now been evacuated from the ship by military officials from the region. Houthis on Sunday night attacked a large cargo ship transiting the Bab el-Mandeb Strait, the narrowest and […]
FTX Abandons Plans to Relaunch Crypto Exchange, Commits to Full Repayment of Customers and Creditors
Bankrupt cryptocurrency exchange FTX has abandoned plans to restart, but also announced its intention to fully repay customers and creditors, marking a significant shift in its resolution approach. bloomberg report FTX, once a major player in the cryptocurrency exchange market, has reportedly made a major announcement following its bankruptcy proceedings. At a court hearing in […]
Anne Hathaway Abruptly Abandons Photo Shoot In Support Of Union Walkout
Anne Hathaway walked out of her Vanity Fair cover photo shoot on Tuesday as members of her union, SAG-AFTRA, went on a one-day strike. SAG-AFTRA stood in solidarity with Condé Nast union members by striking on the same day Hathaway signed with Vanity Fair. Sources say that the famous actress arrived in New York with […]