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Renault wants half its cars to be electric or hybrid in 2022

Published: Friday, October 06, 2017 @ 3:36 AM
Updated: Friday, October 06, 2017 @ 3:35 AM


            Renault Group CEO Carlos Ghosn gestures as he speaks during a media conference at La Defense business district, outside Paris, France, Friday, Oct. 6, 2017. French carmaker Renault says half of its models will be electric or hybrid by 2022 and it's investing heavily in
Renault Group CEO Carlos Ghosn gestures as he speaks during a media conference at La Defense business district, outside Paris, France, Friday, Oct. 6, 2017. French carmaker Renault says half of its models will be electric or hybrid by 2022 and it's investing heavily in "robo-vehicles" with increasing degrees of autonomy. (AP Photo/Michel Euler)

French carmaker Renault said Friday that half of its models will be electric or hybrid by 2022 and it's investing heavily in "robo-vehicles" with increasing degrees of autonomy.

A strategic plan released Friday aims to boost Renault annual revenues to 70 billion euros ($82.2 billion) by 2022 from 51 billion euros last year, in part through an effort to double sales outside its traditional markets in Europe — especially Russia and China.

The plans reflect the vision laid out last month by the Renault Nissan Mitsubishi alliance, the world's No. 1 carmaker by sales. Many of Renault's new aims depend on saving money through sharing platforms and development with Nissan and Mitsubishi.

CEO Carlos Ghosn said Renault is aiming to sell more than 5 million vehicles annually by 2022 from 3.2 million last year. The plan relies in part on boosting low-cost car production in emerging markets, notably with the Dacia Logan and Kwid mini-SUV.

As regulators crack down on emissions from combustion engines and as drivers seek cars that can do more by themselves, Ghosn wants to position Renault as a major player in mass-market electric and driverless cars.

"We are confident we can turn upcoming ... challenges into significant business opportunities for Renault," he said.

The company pledged to offer eight purely electric vehicle models and 12 hybrid models by 2022, compared with its 19 diesel or gasoline models sold worldwide, Ghosn said.

The world's major carmakers are rethinking their strategies to profit from pivotal changes in the industry: autonomous cars, connected cars that share data, car-sharing where you don't own a vehicle but order one by app, and low-emissions vehicles demanded by the European Union to fight climate change and by China, where many cities are fighting rampant pollution.

Investing in electric vehicles has hurt profitability in the past, but Ghosn says that should change as they grow in scale. He said electric cars "are turning into a significant contributor to our performance while other automakers are just starting the journey."

Ghosn said Renault would retrain 13,000 people over the next five years to adapt to changing markets.

Renault is aiming to produce 2 million cars per year outside Europe compared with 750,000 cars in 2016, with a heavy push in Russia as its economy picks up.

Asked about challenges to Renault's activity in Iran amid the possibility that the U.S. could reintroduce sanctions, Ghosn said: "Obviously if it becomes impossible to deal with Iran we will put a plan together for the suspension of our business there, but that's not at all to say that we will leave Iran."

Renault was active in Iran before the West imposed sanctions over its nuclear program and was among the first major companies to relaunch its Iranian business when the sanctions were lifted after the 2015 accord to curb Iran's nuclear activities.

Ghosn insisted that Iran's market has major potential. "If we can't work there immediately, then we will work there in 1 year, 2 years, 3 years because I don't think that this is a situation that can last forever."

Prince Harry, toddler steal show as she steals his popcorn

Published: Thursday, September 28, 2017 @ 9:38 AM

Toddler ‘Steals’ Royal Popcorn

If there’s any wonder as to how good of an uncle Prince Harry could be to Prince George and Princess Charlotte, then this video is the proof you need.

>> Read more trending news 

During an event at the Invictus Games Toronto 2017, a toddler seized her chance as the adults talked, and helped herself to the royal popcorn, Mashable reported.

When he notices Emily Henson’s little hands going from popcorn box to mouth, Harry jokingly removes temptation and then picks out the prime popcorn to give to the 2-year-old, the Telegraph reported

He then chats with her and her mother and other neighboring spectators. He also made silly faces and stuck his tongue out at her as the cameras watched their every move.

At one point, Emily took such a shine to the prince that she leaned on his knee as the volleyball match continued. 

Emily’s father, David Henson, is a paralympian who had both of his legs amputated when an IED exploded in Afghanistan in 2011, The Telegraph reported.

Since first competing in the Invictus Games in 2014, Henson has become a friend to Prince Harry.

Harry is no stranger to children, as he is the godfather to six of his friends’ children and believes he does a good job with them.

“I think the key to that is to be able to grow up, but also be able to stay in touch with your childhood side,” Harry told The Telegraph.

The games run until Saturday. There are 550 competitors from 17 countries taking part in 12 sports during the week-long event.

Prince Harry Fast Facts

When do adults reach peak happiness? Not until age 50, study says

Published: Saturday, August 26, 2017 @ 6:15 PM
Updated: Wednesday, October 18, 2017 @ 3:52 PM

Wondering what age you’ll reach peak happiness? It may be well after your 50s, according to new research.

»RELATED: Popular in high school? You may be miserable as an adult, study says

Scientists from Dartmouth College and the University of Warwick in England conducted a study, which was published in the National Bureau of Economic Research, to determine the pattern of psychological well-being among adults.

To do so, they assessed seven different surveys that questioned 1.3 million people across 51 countries. The questionnaire focused on individuals’ life-satisfaction and happiness. 

They found that happiness follows a U-shape over the course of most people’s life, where they experience high levels of euphoria in their teens and early 20s. However, it lowers over the next few decades. 

»RELATED: Study: Instagram spots depression better than general

According to the analysis, people are more miserable around age 50, and they become elated again in their later years on through retirement. 

“There is much evidence that humans experience a midlife psychological ‘low,’” the authors said in the paper. "The decline in well-being is apparently substantial and not minor.”

Researchers did note that other studies that have used more longitudinal data or examined the same participants over a certain period of time found different patterns of happiness. While some reported more wavy patterns, others saw more flat routes. 

Despite the differences, the scientists believe their conclusions will prove effective. 

“Our own view,” they wrote, “is that these kinds of plots of happiness and life satisfaction should be shown - with a discussion of appropriate caveats - to all young psychologists and economists.”

»RELATED: Google depression test: Google test checks if youre depressed

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Prince William, Kate Middleton expect 3rd child in spring

Published: Tuesday, October 17, 2017 @ 11:12 AM

Third Child Coming for Prince William, Kate Middleton

The Duke and Duchess of Cambridge on Tuesday announced that the couple is expecting their third child in April.

>> Read more trending news

Kensington Palace officials shared the announcement in a post on Twitter.

The duke and duchess of Cambridge, Prince William and Kate Middleton, announced last month that they were expecting. The couple has two children, 4-year-old Prince George and 2-year-old Princess Charlotte.

Kensington Palace officials said in a statement that Queen Elizabeth and other family members were "delighted with the news."

Prince William, Duke of Cambridge, Prince George of Cambridge, Princess Charlotte of Cambridge and Catherine, Duchess of Cambridge depart from Hamburg airport on the last day of their official visit to Poland and Germany on July 21, 2017 in Hamburg, Germany. (Photo by Julian Simmonds - Pool/Getty Images)(Pool/Getty Images)

The duchess, 35, suffered from hyperemesis gravidarum, or severe morning sickness, during her first two pregnancies, and Kensington Palace officials said last month that she was again dealing with the illness through her third pregnancy.

Hyperemesis gravidarum affects about one in every 200 pregnancies, BBC News reported. Symptoms include severe and constant nausea, dehydration and reduced appetite, according to the U.S. Department of Health and Human Services.

American hostage Caitlan Coleman, family rescued in Pakistan after years of captivity

Published: Thursday, October 12, 2017 @ 8:35 AM

Caitlan Coleman, Family Rescued After Being Held Prisoner by Terrorists in Afghanistan

An American woman, her Canadian husband and their three children were rescued in Pakistan on Wednesday, five years after the couple was captured by a terrorist group while hiking in Afghanistan.

>> Read more trending news

The rescue, prompted by a tip from U.S. intelligence officers tracking the family, was announced in a statement Thursday from Pakistan’s army.

President Donald Trump identified the rescued captives as 31-year-old American Caitlan Coleman, 34-year-old Canadian Joshua Boyle and their three children.

Coleman and Boyle were abducted in 2012 and held hostage by the Haqqani network, a terrorist organization with ties to the Taliban, the president said.

“Yesterday, the United States government, working in conjunction with the Government of Pakistan, secured the release of the Boyle-Coleman family from captivity in Pakistan,” Trump said. “Today they are free.”

FILE - In this June 4, 2014, file photo, mother's Linda Boyle, left and Lyn Coleman hold photo of their married children, Canadian citizen Joshua Boyle and American citizen Caitlan Coleman, who were kidnapped by the Taliban in late 2012, in Stewartstown, Pa. Pakistan's military says soldiers have recovered five Western hostages held by the Taliban for years. Pakistan's army did not name those held, only saying it worked with U.S. intelligence officials to track down the hostages and free them after discovering they had been brought into Pakistan. (AP Photo/Bill Gorman, File)(Bill Gorman/AP)