GM is losing $5 million a day on Cruise
General Motors is losing a ton of money daily on their self-driving car project, Cruise. GM confirmed that Cruise lost more than $500 million during the year’s second quarter. This equates to a rate of […]
Philippines officials confirm Starlink will be available before year-end
It looks Starlink will soon start operations in yet another Asian nation. According to Ivan John Uy, a Philippines Department of Information and Communications Technology representative, Starlink will be available in remote areas of the […]
Blue Cruise reaches 10 million miles milestone
As Ford continues to play catch-up to Tesla in self-driving technology, the company’s Blue Cruise software hit an important milestone. This month, Blue Cruise hit 10.6 million miles driven by Ford vehicles. Blue Cruise has […]
GM sells their first green bonds for $2.25 billion
General Motors has sold its first-ever green bonds to fund the continued electrification of its line-up. According to sources familiar with the matter, the automaker priced $2.25 billion of green bonds in two parts. The […]
Lamborghini Chassis Guru Luigi Taraborelli joins Apple self-driving car project
Apple’s self-driving car project has gotten a boost after it appears Apple has brought in former Lamborghini executive Luigi Taraborelli. Taraborelli is known as Lamborghini’s chassis guru and brings over twenty years of experience to […]
Hornsdale approved to use Tesla tech for critical grid inertia services
Tesla has scored another huge win as the Hornsdale Power Reserve, aka “Tesla big battery,” gains crucial approval. It is the first massive battery project to provide grid-scale inertia services. Tesla also won a 100 […]
SpaceX applies to the FCC to expand Starlink to mobile users
SpaceX looks to be preparing to provide Starlink internet services to mobile users in remote locations. Per PC Mag‘s reporting, SpaceX sent in an application to the Federal Communication Commission to operate a mobile satellite […]
US Department of Energy to loan $2.5 billion to Ultium Cells
The United States Department of Energy announced that it intends to loan $2.5 billion to Ultium Cells. Ultium Cells is a joint-venture company between LG Energy Solutions and General Motors. The loan is to help […]
Ford trialling robot charging arms to help disabled drivers
Ford has developed a prototype robot charging station to help disabled drivers easily charge their vehicles. The technology would allow a driver to use their smartphone to activate a robot arm connecting the charger to […]
NIO confirms 150 kWh solid-state battery delivery in Q4 2022
NIO electric cars are about to get a massive boost in driving range as the company prepares to release a 150kWh solid-state battery in the last quarter of 2022. Existing NIO owners can upgrade to […]
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