Technology News
How China Became Ground Zero For The Auto Chip Shortage
Kelvin Pang is ready to wager a $23 million payday that the worst of the chip shortage is not over for automakers.
Tesla To Integrate Steam Online Gaming Service On Its Vehicles, Says Musk
Jul 19, 2022 02:19 AM
Tesla could be just a month away from having the Valve Steam storefront in its vehicles
Ola Electric To Spend USD 500 Million In Battery R&D With Battery Innovation Centre
Jul 19, 2022 02:18 AM
Ola electric will use this battery innovation centre to develop all kinds of batteries In different shapes and sizes.
Ford, SK On Finalize U.S. EV Battery Joint Venture
Jul 17, 2022 05:03 PM
Ford Motor Co and South Korean battery maker SK On Co along with its subsidiary finalized setting up a joint venture for building and operating battery production facilities in the United States.
U.S., Mexico Resolve Panasonic Auto Parts Plant Labor Dispute
Jul 17, 2022 04:34 PM
The United States and Mexico announced a resolution to a dispute at a Panasonic auto parts plant in Mexico, with workers receiving an above-inflation pay rise after the firm rejected an agreement with a union that lacked lawful bargaining authority.
UK Fast-Charging Battery Startup Nyobolt Raises $59 Million
Jul 17, 2022 04:30 PM
Nyobolt has raised 50 million pounds ($59 million) in Series B funding to build a UK manufacturing plant in 2023 to produce millions of battery cells.
Taiwan Weighs Foxconn Fine For China Chip Investment - Report
Jul 17, 2022 04:22 PM
Taiwan's government is considering fining tech giant Foxconn up to T$25 million ($835,600) over its investment in a Chinese chip conglomerate without first getting regulatory approval.
Munich Court Orders Tesla To Reimburse Customer For Autopilot Problems
Jul 16, 2022 05:31 PM
A Munich court has ordered Tesla to reimburse a customer most of the 112,000 euros she paid for a Model X SUV because of problems with the Autopilot function.
Elon Musk Seeks To Block Twitter Request For Expedited Trial
Jul 16, 2022 05:00 PM
Elon Musk filed a motion opposing Twitter's request to fast-track a trial over his plan to terminate his $44 billion deal for the social media firm.