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The Olinia Uno has a maximum range of 77 miles (125 kilometers) and a top speed of 31 mph (50 km/h). It was developed in Mexico and is designed to make the most of Mexico’s engineering talent, supply chain, and vehicle manufacturing.  The car will go on sale in Mexico next summer.  Mexico has been electrifying its car market at a fairly quick rate. Partially, that’s because its less-stringent crash standards and warm relationship with China have seen its market fill up with reasonably-priced EVs. But as great as it is that Mexican drivers have their pick of the litter…

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Image: Zelestra Meta and Zelestra are expanding their fast-growing US solar partnership with yet another Texas project as the tech giant’s electricity demand continues to climb. The two companies announced a new power purchase agreement (PPA) for the 180 MW Palmera Solar Plant in Freestone County, Texas. The new Texas project comes as Zelestra ramps up work on two other Meta-backed solar farms already under construction: the 176 MW Skull Creek Solar Plant in Anderson County, Texas, and the 200 MW Reclamation Solar Project in Gibson County, Indiana. Together, the Skull Creek and Reclamation projects are expected to support around…

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In The New Business Traveler column, we take a look at how interesting people with fascinating jobs are traveling for work right now.As an immigrant with relatives scattered across the world, “travel has always been tied to family for me,” says Shiza Shahid, the Los Angeles-based founder of non-toxic kitchenware brand, Our Place. “Visiting relatives, moving between places, [means] understanding that home could exist in more than one geography. I remember the feeling of arriving somewhere new but still finding familiarity in food, in language, in small rituals. That idea of connection across distance has stayed with me.”Now, that passion…

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Tuesday’s Nintendo Direct showcase felt like an important moment for the company. With the Switch 2 heading into its second holiday season, one in which the hardware will be even more expensive thanks to a price hike, it was a chance for Nintendo to really sell new audiences on its latest console — but that’s not exactly what happened. While there were some impressive-looking titles, there wasn’t much that felt truly new. Instead, the two major Switch 2 exclusives that will round out the 2026 calendar are both remakes from the Nintendo 64 era.If you missed it, the final reveal…

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The AI boom has been built on a basic assumption: Bigger models are more powerful, and the most powerful models win. Now, the industry is about to learn what happens if that assumption starts to break.   Mounting costs have already pressured users to give smaller and cheaper models a second look. This cost-conscious model-shopping is new and it’s unclear how it will affect the industry, but the impact is likely to be significant.  One prediction, laid out best by Coinbase co-founder Brian Armstrong, is that it will result in the vast majority of tasks shifting to cheaper models.  “[D]emand for intelligence is near infinite, but 80% of workloads will be running on 99% cheaper models within 12-18 months,” Armstrong wrote…

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New Delhi: Strong domestic consumption has kept economic growth momentum steady in the June quarter, but the West Asia war has posed challenges, including elevated crude oil and fertiliser prices, senior government officials said Tuesday.The economy grew 7.8% in the March quarter, accelerating fiscal 2026 growth to a higher-than-expected pace of 7.7%.The government, the officials said, could take more steps this fiscal year to further bolster foreign direct investment (FDI) inflows. Gross FDI inflows touched a record $94.5 billion in FY26, although net inflows remained subdued due to repatriation and outward investments.To gather additional resources, the government is ramping up…

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Canara Bank has recovered over half of its ₹500 crore exposure to Rajesh Exports and is seeking legal remedies for the balance amount, managing director & chief executive officer Brajesh Kumar Singh said in an exclusive interaction with Atmadip Ray. He said the biggest challenges for the bank will be to reduce cost-to-income ratio and raise the share of low-cost deposits. Edited excerpts:The beginning of your stint at Canara Bank coincided with Sebi’s accusation of inflating revenues against Rajesh Exports. The bank has been in a prolonged fight with the firm. What is the exposure and what is the recovery…

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New Delhi: China’s new framework for mineral resources is stoking concerns among Indian importers as Beijing ties critical supplies to national security objectives, say industry executives and experts. The new regulations will come into effect on June 15. Chinese Premier Li Qiang approved a new set of regulations on the implementation of the country’s Mineral Resources Law in May. These regulations “facilitate the proper development and utilisation of mineral resources”, a Chinese government statement said.Officials in India are keeping a close watch on the situation.The new policy formalises China’s significant dominance on the critical mineral processing value chain. That country…

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