
Stellantis discontinues Hydrogen Fuel Cell Technology
Stellantis has announced its decision to discontinue its hydrogen fuel cell technology development programme.
- New Energy Vehicles
- 17 July 2025
Co-founder of Red Bull energy drinks, Dietrich Mateschitz, died this past Saturday (22 October) at the age of 78, after a long-term illness.
Austrian Mateschitz founded the company in 1987 with Thai national, Chaleo Yoovidhya. The company quickly became and remained the leader in the energy-drinks market.
Red Bull became associated with extreme sports owing to its sponsorship of, among other sports, big wave surfing, cliff diving, mountain biking and trail ultra-running.
But one of the brand’s biggest success stories remains its venture into Formula 1 when it bought the then-Jaguar team in 2004. Over two decades, the team was built into a champion team with Sebastian Vettel at the steering wheel.
On local soil, Red Bull has been a sponsor of motorsport champions such as Giniel de Villiers, a Dakar champion.
Last October Mateschitz’s net worth was valued at around $25 billion.
Red Bull currently employs 13 000 people in 172 countries and sells and estimated 10 billion cans of the energy drink annually.
A mother in her late fifties was handed the key to a peaceful night's sleep for the first time in many years when she was gifted a brand-new vehicle in the nick of time.
The imposition of a unilateral 30% reciprocal tariff on South African goods exported to the United States of America (USA) places major pressure on local Original Equipment Manufacturers (OEMs).