Technology News

Large logistics companies are in no rush to sign big contracts and continue to test the technology of multiple providers in limited partnerships.

Mark Ruess shared that GM is indeed working on an electric version of the iconic Corvette which will be revealed next year.

Musk has a $273.6 billion fortune estimated by Forbes that makes him the wealthiest person in the world

The auto safety agency noted Mercedes-Benz, Chrysler-parent Stellantis, General Motors and Hyundai Motor have issued recalls since 2020 due to internal failures in high-voltage vehicle batteries that pose fire risks. Batteries produced by LG Energy Solution.

Japan aims to achieve the 20 per cent market share by boosting global output capacity at Japanese companies nearly 10-fold to 600 gigawatt hours (GWh), the industry ministry said.

Self-driving tech company Pony.ai has obtained a taxi license in China, which will allow some of its driverless vehicles to start charging fares. The company said it was the first autonomous driving company in the country to do so

Bhavish Aggarwal, Co-Founder and CEO of Ola Electric said that the company has been testing an autonomous vehicle for nearly six months now and the car will be launched in the global markets by late 2023 or early 2024.

The announcement of the $43 billion deal is expected to be imminent.