Technology News
Uber Shares Surge On Solid Profit Forecast As Rideshare Recovery Defies Inflation
With cities reopening and travel booming, consumers are shifting their budgets to services, Chief Executive Dara Khosrowshahi said, compared to the two years of COVID-led lockdowns when they had limited spending to basic needs.
Renault, Google Expand Ties In Automotive Software
Nov 23, 2022 08:16 PM
The partnership with Google will also help Renault accelerate its "end-to-end digital transformation, from the design of the car to its market launch through its production," Renault Chief Executive Luca de Meo said in a statement.
BMW Set To Unveil Neue Klasse Concept At CES 2023
Nov 22, 2022 05:37 PM
Neue Klasse will be the basis of future BMWs which will have electric powertrains.
Volkswagen Is Developing An Electric Golf Hatchback
Nov 22, 2022 05:08 PM
Like the new ID Buzz, Volkswagen could revive one of its icons in an electric avatar
Tesla Recalls 3,21,000 U.S. Vehicles Over Rear Light Issue
Nov 22, 2022 04:30 PM
Tesla is recalling more than 321,000 vehicles in the United States because tail lights may intermittently fail to illuminate.
U.S. Autonomous Delivery Vehicle Startup Nuro Cuts Staff By 20%
Nov 20, 2022 12:16 AM
Autonomous delivery vehicle maker Nuro is laying off about 20% of its workforce after admitting that rapid hiring in the past year was a mistake.
Ron Baron Says Tesla Will Be Largest And Most Profitable Company In The World
Nov 19, 2022 02:03 AM
The Baron Partner Fund is $6 billion into Tesla while the Baron Focused Growth Fund has $700 million of Tesla’s shares in its portfolio. This means that Baron is one of the top 20 shareholders of Tesla.
Hyundai IONIQ 6 Sold Out In 24 Hours
Nov 18, 2022 10:51 PM
More than the looks what matters is the range and Hyundai promises 610 km of range with WLTP standard which is in Europe with a 77.4 kWh battery.
Magna Has Completed Production Of the First Fisker Ocean
Nov 18, 2022 10:49 PM
Fisker is also planning to have production facilities in the US with Foxconn, but the first 50,000 units will be made by Magna.