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Billion Electric draws investment from SAS

Taiwan-based Sino-American Silicon Products, a green energy total solution provider, has invested NT$530 million (US$17.3 million) in Billion Electric to become the largest shareholder of the network communication equipment and ICT solutions provider.....»»

Category: itSource:  digitimesMar 15th, 2023

Biden unveils winners of $2 billion in green tax credits

Battery-material maker Novonix, electric vehicle charger manufacturer Wallbox and rare earth producer MP Materials Corp. were among about 35 recipients of clean energy tax credits totaling nearly $2 billion that were announced Friday by the Biden adm.....»»

Category: topSource:  autonewsRelated News6 hr. 56 min. ago

Suppliers scramble to avoid low factory utilization amid rocky EV transition

The uneven ramp-up of electric vehicle production and flattening EV sales growth in North America have left suppliers scrambling to make sure they're not left with significantly underutilized factories, supplier executives said......»»

Category: topSource:  autonewsRelated News8 hr. 28 min. ago

Apple Pay NFC tech in iPhone will likely get opened up soon in the EU

The European Commission is set to approve Apple's opening up of Apple's NFC platform to third-party mobile wallets as soon as May, which could help save the iPhone maker from a $40 billion fine.NFC in the iPhone is chiefly used for Apple PayIn Januar.....»»

Category: appleSource:  appleinsiderRelated News9 hr. 27 min. ago

Actions needed beyond lawsuit to address social media"s influence on youth, say experts

While four Ontario school boards recently announced a $4.5-billion lawsuit against the social media giants behind Facebook, Instagram, Snapchat and TikTok, Brock University experts are calling for additional actions to address the influence popular o.....»»

Category: topSource:  physorgRelated News9 hr. 56 min. ago

Tesla recalls all 3,878 Cybertrucks over faulty accelerator pedal cover

This time there's no over-the-air software patch. Enlarge / The Tesla Cybertruck. (credit: Tesla) On Monday, we learned that Tesla had suspended customer deliveries of its stainless steel-clad electric pickup truck. Now.....»»

Category: topSource:  arstechnicaRelated News12 hr. 56 min. ago

Will the Kia EV3 be affordably priced?

Subcompact electric crossover could be priced around $32,000, which would drop to $24,500 with the $7,500 federal incentive......»»

Category: topSource:  autonewsRelated NewsApr 18th, 2024

Chinese EV makers won’t get subsidies from Mexico after US pressure

Mexico has offered generous incentives for automakers in the past. Enlarge / The Chinese automaker BYD has every other electric vehicle maker worried. (credit: John Keeble/Getty Images) The United States has won an impor.....»»

Category: topSource:  arstechnicaRelated NewsApr 18th, 2024

States sue to block U.S. rules curbing tailpipe emissions in cars, light trucks

Republican attorneys general from 25 states on Thursday sued the U.S. Environmental Protection Agency to block rules intended to reduce planet-warming emissions from cars and light trucks and encourage electric vehicle manufacturing, arguing the agen.....»»

Category: topSource:  autonewsRelated NewsApr 18th, 2024

The Maserati GranCabrio Folgore is one of the best-looking EVs yet

Maserati has unveiled the new GranCabrio Folgore electric car. It's a great-looking car and we had a chance to take a look at it in person......»»

Category: topSource:  digitaltrendsRelated NewsApr 18th, 2024

U.S. trade chief calls for "decisive" action to shield EV sector from China

The U.S. must take "decisive" action to protect electric vehicles from subsidized Chinese competition, U.S. Trade Representative Katherine Tai said on Wednesday as she completes a review of Trump-era China tariffs and considers President Joe Biden's.....»»

Category: topSource:  autonewsRelated NewsApr 18th, 2024

5-figure EV discounts emerge amid bloated inventories

Electric vehicles on average were discounted nearly $6,000 in the first quarter, according to Cox Automotive......»»

Category: topSource:  autonewsRelated NewsApr 18th, 2024

Apple Singapore campus getting two more buildings for new AI work

We’re expecting 2024 to be the year Apple builds generative AI features into iOS 18, and the company has announced a $250M investment to support ongoing work in this field. The Apple Singapore campus is growing from one building to three, to provid.....»»

Category: topSource:  informationweekRelated NewsApr 18th, 2024

Bloated EV inventory fuels 5-figure discounts. Will more buyers emerge?

Electric vehicles on average were discounted nearly $6,000 in the first quarter, according to Cox Automotive......»»

Category: topSource:  autonewsRelated NewsApr 18th, 2024

Mexico, facing U.S. pressure, will halt incentives to Chinese EV makers

Mexico's federal government, under pressure from the U.S., is keeping Chinese automakers at arm's length by refusing to offer such incentives as low-cost public land or tax cuts for investment in EV production, three Mexican officials familiar with t.....»»

Category: topSource:  autonewsRelated NewsApr 18th, 2024

Musk apologizes for "incorrectly low" Tesla severance packages

Tesla has announced it will slash its global headcount by more than 10 percent as the automaker struggles with slowing demand for electric vehicles......»»

Category: topSource:  autonewsRelated NewsApr 18th, 2024

So THAT’S why Boston Dynamics retired its Atlas robot

A day after Boston Dynamics said it was retiring its Atlas robot, the company has unveiled a new fully electric — and even more impressive — version of the bot......»»

Category: topSource:  digitaltrendsRelated NewsApr 18th, 2024

Rivian cuts more jobs with woes mounting for electric vehicle market

Rivian Automotive Inc. will cut an another 1 percent of its workforce, the second round of layoffs this year as the electric vehicle industry grapples with flagging consumer demand......»»

Category: topSource:  autonewsRelated NewsApr 18th, 2024

Boston Dynamics’ new humanoid moves like no robot you’ve ever seen

All-electric, 360-degree joints give the new Atlas plenty of inhuman movements. Enlarge / The new, all-electric Atlas. (credit: Boston Dynamics) The humanoid robotics market is starting to heat up, and the company that.....»»

Category: topSource:  arstechnicaRelated NewsApr 17th, 2024

Lawmaker introduces bill to prevent Chinese dominance of U.S. EV market

Congresswoman Carol Miller announced the End Chinese Dominance of Electric Vehicles in America Act of 2024, designed to regulate the foreign entity of concern definition for the 30D EV tax credit and prevent Chinese companies from obtaining U.S. tax.....»»

Category: topSource:  autonewsRelated NewsApr 17th, 2024

Laifen Wave review: the electric toothbrush of the future

An electric toothbrush is a good and efficient way of getting your teeth cleaned, and the Laifen Wave is a great place to start. The post Laifen Wave review: the electric toothbrush of the future appeared first on Phandroid. Most of us kno.....»»

Category: asiaSource:  phandroidRelated NewsApr 17th, 2024