Three United States Postal Service (USPS) mail trucks are parked in front of the post office in Danville. On July 20, the USPS announced that at least 40 percent of its Next Generation Delivery Vehicl...
Tag: vehicles
Crypto Mining and Electric Vehicles Likely to Impact Future Energy Consumption
Electric vehicles (EVs) and cryptocurrencies are nothing short of evolution in their respective domains. Although both the entities are different from each in terms of their operations, customers bein...
Toyota Halts Car’s Sales and Production for US
Toyota is known for a lot of different things, mainly automobiles, but the company also makes sewing machines, forklifts, robotics, boats and even houses. Of course, the main line of business Toyota h...
The Russian Army’s Terminator Vehicles Are Heavily Armed, Highly Protected … And Far Too Few To Matter
A BMP-T near Svatove. ANNA New capture Arms-maker Uralvagonzavod manufactured only 10 or so high-tech BMP-T Terminator fighting vehicles for the Russian army. This spring most, or all, of the heavily-...
Kodiak wins $50M deal to develop driverless Army vehicles
Kodiak Robotics truck in front of an IKEA store. Source: Kodiak Robotics Self-driving truck startup Kodiak Robotics said Tuesday that it won a two-year, $49.9 million contract from the U.S. Department...
VinFast is shipping 999 of its electric vehicles to California as the Vietnamese company looks for a place in the U.S. market
Brace yourself, America; VinFast is on the way. The Vietnam-based electric vehicle maker is taking the slow boat to California as it sends its first batch of 999 VF 8s, the company’s 5-seater el...
Tesla Stock Drops After Glitches Announced In 80,000 China Vehicles
Tesla (TSLA) will be running fixes on around 80,000 vehicles in China to deal with possible battery and seat-belt related issues, the country’s market regulator announced Friday. Tesla stock edg...
Apollo and Hamilton Lane launch blockchain investment vehicles with Figure
Asset managers Apollo Global Management and Hamilton Lane are launching investment vehicles on the blockchain using technology developed by fintech company Figure. The investment firms will leve...
As Doubts Grow Over Self-Driving Vehicles, This Ambitious Upstart Rolls Out Its First Robot Trucks
Self-driving tech startup Waabi has deployed its first robot trucks and intends to commercialize its system faster than bigger, wealthier competitors. Waabi Autonomous driving startup Waabi just deplo...
Ford says making its own parts for electric vehicles could offset job losses
Ford CEO Jim Farley (left) with Michael Wayland / CNBC DETROIT – Ford Motor is attempting to build as many of its own parts as possible for its electric vehicles to offset an expected 40% reduction in...
Iris Energy’s SEC Filing Shows Debt Held in Special Purpose Vehicles – crypto.news
Iris Energy, a bitcoin miner, has remained resolute despite having to default on $103 million in loans the following week. According to a recent SEC filing, the Australian company may earn a monthly g...
VW Starts Building Electric Vehicles In U.S. Plant: Just-In-Time Production
Volkswagen has begun building the Volkswagen ID.4 electric vehicle at the VW plant in Chattanooga, … [+] Tenn. Photo: Volkswagen The timing couldn’t be much better for Volkswagen to start buildi...
BMW to invest $1.7 billion in U.S. to produce electric vehicles
BMW Group plans to invest $1.7 billion in its U.S. operations to build electric vehicles and batteries, the company announced Wednesday. The investment will include $1 billion to prepare for productio...
Driverless in Phoenix and GM takes its EV offensive beyond vehicles
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. This is a ...
Murugappa Family Scions Change Lanes To Electric Vehicles
This story appears in the October 2022 issue of Forbes Asia. Subscribe to Forbes Asia Arun Murugappan, chairman, Tube investments of India. Courtesy of Murugappan Group This story is part of Forbes’ c...
Electric Vehicles Are Creating A Fast Lane For Battery Energy Storage Systems
The market for utility-scale battery energy storage systems is projected to double this year and next. Mitsubishi Power The zero-emissions electrical grid of the future will require a lot more renewab...
Should you sell Rivian shares after it recalled nearly all of its vehicles?
Rivian Automotive Inc (NASDAQ: RIVN) is down about 10% on Monday after the EV company announced it was recalling “nearly all” vehicles it has made to date. Not a threat to Rivian’s cash stature The Ir...
Electric Vehicles Are Here And Electric Jets Are Coming. Should We Fear Electrification Of The Economy?
A prototype of an electric-powered aircraft set to be flown in the Air Race E-series, sits display … [+] during the first day of the 16th Dubai Air Show at Dubai World Central (DWC) in Dubai, Un...
Rivian Recalling Nearly All of Its Vehicles
Rivian Automotive is recalling nearly all of its vehicles to address a potential problem that could cause customers to lose steering control, the company said Friday. The electric truck and SUV maker ...
Polestar confirms it will deliver 50,000 electric vehicles in 2022
Polestar, the Swedish electric performance car company, has announced that the world premiere of its next car, the Polestar 3 electric performance SUV, will be in October 2022. Polestar 3 is the compa...
Motional And Uber Announce 10-Year Deal To Deploy Automated Vehicles In Multiple US Markets
By the end of 2022, Motional automated vehicles will begin carrying passengers on the Uber network, … [+] part of a 10-year multi-market deal for both robotaxis and deliveries Motional Once upon...
Tesla Q3 2022 Deliveries Stand at 343,000 Vehicles, TSLA Stock Down 6%
Tesla missed the delivery estimates just by a whisker but it has impacted the stock price in early trading hours on Monday. The electric carmaker and automobile giant Tesla reported the sales numbers ...
Tesla delivered a record 343,830 vehicles in Q3, but still missed Wall Street’s forecasts
Tesla reported Sunday it delivered 343,830 vehicles in the third quarter, a new record and a turnaround from earlier this year when a shutdown at its China factory and challenges around opening factor...
Tesla delivers a record number of vehicles in Q3; Can it fuel a trend reversal for TSLA?
Tesla (NASDAQ: TSLA) produced over 365,000 vehicles in Q3 2022, according to the electric vehicle (EV) maker. Additionally, the firm claims it delivered over 343,000 vehicles, indicating that its deli...
Atlis Motor Vehicles cools after a jump of 186%. Was it a bull trap?
Atlis Motor Vehicles (NASDAQ:AMV) is a newcomer in the electric vehicle sector. However, it is taking the stock market by storm after two consecutive days of gains. As of press time, Atlis was trading...
Stellantis Collaborates with Uber on Electric Vehicles Market in France
Rising EV manufacturer Stellantis has partnered with Uber to make a play for electric vehicle market in France. Stellantis N.V. is partnering with popular mobility as a service provider Uber (NYSE: UB...
Electric Vehicles Sales And The New Electric Economy Have Arrived
| 3D rendering of a modern electric car. Getty Images Key Takeaways Electric vehicles are gaining popularity and market share. In Q2 2022, EV sales accounted for 5.6% of the total auto market (up from...
GM to sell up to 175,000 electric vehicles to Hertz through 2027
General Motors has agreed to sell up to 175,000 electric vehicles to Hertz Global over the next five years, the companies announced Tuesday. The deal calls for GM to start supplying electric vehicles ...
‘Auto makers are building more expensive vehicles’: Why you should not buy a new car in 2023
There are always good reasons for most people not to buy a new car. Such a purchase can set you back for years, as high monthly payments delay the buildup of savings and investments that will be neede...