Collaborate Disseminate
Tim Levin reports via InsideEVs: Two things of note in the electric vehicle world happened today around the same time. First, the Geely Group-owned Chinese EV brand Zeekr debuted on the New York Stock Exchange today at a valuation of around $5.2 billio… Continue reading The Automotive Cold War Is Officially Underway
An anonymous reader quotes a report from The Hill: Tens of millions of Americans each day breathe in carcinogenic chemicals that are woven into the interiors of their cars, a new study has found. While opening a window can help reduce the risk, only re… Continue reading Chemicals In Car Interiors May Cause Cancer, and They’re Required By US Law
“With all the improvements in car safety over the decades, the recent addition of a plethora of high tech sensors and warnings comes with increased costs,” writes longtime Slashdot reader smooth wombat. “And not just to have to have them on your car. A… Continue reading Minor Car Crashes Mean High Tech Repairs
Wayve, a UK-based AI firm focused on developing self-driving car technology, has secured a record $1.05 billion in funding, with Microsoft and Nvidia participating in the round led by SoftBank. According to the BBC, this investment is the largest for a… Continue reading UK Startup ‘Wayve’ Gets $1 Billion Funding For Self-Driving Car Tech
An anonymous reader quotes a report from TechCrunch: Hyundai has agreed to spend nearly $1 billion on Motional, an investment that will give the automaker a majority stake while providing the self-driving startup with the necessary capital to keep oper… Continue reading Hyundai Spending Nearly $1 Billion To Keep Self-Driving Startup ‘Motional’ Alive
Reuters reports that America’s Federal Aviation Administration “is investigating a union’s claims that Boeing retaliated against two employees who in 2022 insisted the planemaker re-evaluate prior engineering work on 777 and 787 jets.”
The employees’… Continue reading Boeing Accused of Retaliating Against Two Engineers in 2022
Jonathan M. Gitlin reports Ars Technica: Honda announced today that it will spend $11 billion to expand its electric vehicle manufacturing presence in North America. The Japanese automaker already has a number of factories in the US, Mexico, and Canada… Continue reading Honda To Spend $11 Billion On Four EV Factories In North America
Ford’s electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for each of the 10,000 vehicles it sold in the first three months of the year, helping to drag down earnings for the company overall. From a repo… Continue reading Ford Just Reported a Massive Loss on Every Electric Vehicle It Sold
An anonymous reader quotes a report from Ars Technica: Two researchers at the University of California, Davis — Yanning Li and Alan Jenn — have determined that nearly two-thirds of [California’s] feeder lines don’t have the capacity that will likely … Continue reading Updating California’s Grid For EVs May Cost Up To $20 Billion
Construction has begun on a $12 billion high-speed rail project to connect Las Vegas and Los Angeles by the end of the decade. The project, backed by $3 billion in federal support, aims to reduce travel time to under two hours and significantly cut gre… Continue reading US Breaks Ground On Its First-Ever High-Speed Rail