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State-owned company will sell under the Lepas brand, continuing its rapid expansion in the British market Business live – latest updates The Chinese carmaker Chery is launching a fourth brand in the UK, continuing a push into the British market where it has rapidly become a major player. The state-owned company said on Wednesday that it would sell cars under the Lepas brand, which is developing battery and hybrid SUVs aimed at younger families, mainly in the European market. Continue reading...

Known as ‘white gold’, lithium is among the most important mined elements on the planet – ideal for the rechargeable batteries used in tech products. Can Europe’s largest deposit bring prosperity to the local community? It looks more like the past than the future. A vast chasm scooped out of a scarred landscape, this is a Cornwall the summer holidaymakers don’t see: a former china clay pit near St Austell called Trelavour. I’m standing at the edge of the pit looking down with the man who says his plans for it will help the UK’s transition to renewable energy and bring back year-round jobs and prosperity to a part of the country that badly needs both. “And if I manage to make some money in the process, fantastic,” he says. “Though that is not what it’s about.” We’ll return to him shortly. But first to the past, when this story begins, about 275-280m years ago. “There was a continental collision at the time,” Frances Wall, professor of applied mineralogy at the Camborne School of Mines...

The funding round valued the Alphabet subsidiary at $126bn as company aims to expand more cities worldwide Self-driving car company Waymo on Monday said it raised $16bn in a funding round that valued the Alphabet subsidiary at $126bn. Waymo co-chief executives Tekedra Mawakana and Dmitri Dolgov touted the massive investment as a sign that the age of large-scale autonomous mobility has arrived. Continue reading...

Sleek car doors reduce vehicle drag but are prone to losing operability in the event of a crash, officials say China will soon ban concealed door handles on electric vehicles (EVs), becoming the first country to do so after several deadly incidents triggered global scrutiny of the controversial design first popularised by Tesla . According to regulations announced on Monday by the Ministry of Industry and Information Technology, cars sold in China will now be required to have a mechanical release on both the inside and outside of every door except the boot. Continue reading...

Waymo’s cars were first rolled out in San Francisco, but the English capital’s old roads, pelican crossings and jaywalkers may pose issues for AI At the end of the 19th century, the world’s major cities had a problem. The streets were flooded with manure, the unintended consequence of dependence on horses as the major form of transport. In this sea of filth, the infant car industry smelled an opportunity. The Horseless Age , a US car magazine, claimed in 1896 that , with the spread of motorcars, “streets will be cleaner, jams and blockades less likely to occur, and accidents less frequent, for the horse is not so manageable as a mechanical vehicle”. The streets did eventually become cleaner, but not safer. Cars brought huge benefits to society, but also huge challenges. By the end of the 20th century, cars and motorbikes were implicated in more than a million deaths a year around the world, as well as contributing to pollution and suburban sprawl. This story is often told to show th...

Motorists benefit as industry offers deals of up to 18% off to attract buyers for petrol, diesel and electric models If you are considering buying a new car, now might be the time to act as new data shows manufacturers and dealers slashing prices by more than 10%, with the average discount close to £6,000. The typical discount available across all petrol, diesel and electric cars sold in the UK is 11.4% of the on-the-road price – the equivalent of £5,911 – according to Insider Car Deals , which sells discount data to people looking to buy. Continue reading...