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BMW to invest a further $2.76 billion in key market China

BMW said Friday it planned to invest an additional 20 billion yuan ($2.76 billion) in its Shenyang production base in China, in a sign of the premium carmaker's "unwavering commitment to the Chinese market"......»»

Category: topSource:  autonewsApr 26th, 2024

Little-known self-driving startup raises $1 billion from Nvidia, Microsoft, SoftBank

Wayve is a UK startup with an AI-focused approach to solving autonomy for cars. It's akin to a vehicular version of ChatGPT......»»

Category: topSource:  autonewsRelated News10 hr. 34 min. ago

China publishes world"s first high-definition lunar geologic atlas

China has released a geologic atlas set of the global moon with a scale of 1:2.5 million, which is the first complete high-definition lunar geologic atlas in the world, providing basic map data for future lunar research and exploration......»»

Category: topSource:  physorgRelated News14 hr. 2 min. ago

China Air Pollution Data Center launched to combat evolving complexity of air quality challenges

While significant strides have been made in improving air quality in China through regulations like the Clean Air Act issued in 2013, air pollution has become increasingly complex. Despite notable improvements, the development of the economy and expa.....»»

Category: topSource:  physorgRelated News14 hr. 2 min. ago

GM-backed self-driving firm Momenta filing for U.S. stock offering, report says

Momenta is working with China International Capital Corp., Goldman Sachs and UBS Group on a potential listing that may happen as early as this year, Bloomberg reported. The IPO could raise $200 million to $300 million......»»

Category: topSource:  autonewsRelated News16 hr. 2 min. ago

Astronomers observe elusive stellar light surrounding ancient quasars

MIT astronomers have observed the elusive starlight surrounding some of the earliest quasars in the universe. The distant signals, which trace back more than 13 billion years to the universe's infancy, are revealing clues to how the very first black.....»»

Category: topSource:  physorgRelated News17 hr. 34 min. ago

Six months later, is the OnePlus Open still worth it? I found out

It's been about six months since the OnePlus Open hit the market. Is OnePlus' first foldable still worth it? I revisited the phone to find out......»»

Category: topSource:  digitaltrendsRelated News17 hr. 34 min. ago

Upwork is an essential tool for scaling your small business, here’s why

As a small business owner, Upwork is an essential tool for scaling your operations and keeping up with the biggest competitors in the market......»»

Category: topSource:  digitaltrendsRelated News17 hr. 34 min. ago

A unique Apple marketing campaign for iPhone that you’ve probably never seen

As we await tomorrow’s iPad event, we’re looking back at a playful Apple marketing campaign that you’ve probably never seen. That’s because it ran in a single market at the time: Japan. It turns out Apple relied on whimsical puppetry to co.....»»

Category: topSource:  informationweekRelated News18 hr. 34 min. ago

Is Apple TV+ having a quality crisis?

When Apple first entered the TV streaming market, it came with a unique approach. It wasn’t focused on creating the most content, famously launching Apple TV+ with only a handful of shows. Similarly, its aspirations never seemed to be growing into.....»»

Category: topSource:  informationweekRelated News21 hr. 34 min. ago

Market-based schemes not reducing deforestation, poverty: Report

Market-based approaches to forest conservation like carbon offsets and deforestation-free certification schemes have largely failed to protect trees or alleviate poverty, according to a major scientific review published on Monday......»»

Category: topSource:  physorgRelated NewsMay 6th, 2024

Blink Mini 2 vs. Wyze Cam v4: Which is the better budget security camera?

If you're in the market for a budget security camera, the Blink Mini 2 and Wyze Cam v4 are great options. But which is best for your home?.....»»

Category: topSource:  digitaltrendsRelated NewsMay 4th, 2024

NASA hasn’t landed on the Moon in decades—China just sent its third in six years

China is going. NASA is talking about going. What gives? Enlarge / A Long March 5 rocket carrying the Chang'e-6 lunar probe blasts off from the Wenchang Space Launch Center on May 3, 2024 in Wenchang, China. (credit: Li Zhenzhou/.....»»

Category: topSource:  informationweekRelated NewsMay 3rd, 2024

American Axle revenue, profit climb in first quarter

American Axle & Manufacturing Holdings Inc. increased revenue and profit in the first quarter thanks to steadier production from its customers. The automotive supplier saw year-over-year revenue growth of 7 percent to $1.6 billion during the period,.....»»

Category: topSource:  autonewsRelated NewsMay 3rd, 2024

Carvana set to dig back into used-car market after latest quarter, analysts say

Analysts bullish on Carvana said its Q1 results are a sign it has recovered from a two-year period of losses and cash burn that forced new focus on profitability......»»

Category: topSource:  autonewsRelated NewsMay 3rd, 2024

Final U.S. rules extend timetable for critical mineral sourcing in EV tax credit eligibility

The rule expands the timetable for graphite sourcing until 2027, a critical mineral used in battery production that is overwhelmingly produced in China......»»

Category: topSource:  autonewsRelated NewsMay 3rd, 2024

Rivian taps Volvo executive as COO ahead of new-model launch

Rivian Automotive Inc. hired Javier Varela as its new chief operations officer to help the electric-vehicle maker scale output as it prepares to roll out a lower-cost model geared for the mass market......»»

Category: topSource:  autonewsRelated NewsMay 3rd, 2024

7 surprising takeaways from the Beijing auto show

The Chinese market is rapidly evolving, but it's not clear what it will end up looking like......»»

Category: topSource:  autonewsRelated NewsMay 3rd, 2024

Analysis paralysis - hot takes from investment firms in the wake of Apple earnings

Apple had a pretty good quarter despite China weakness, defying analysts' doom-and-gloom predictions. Here's what some of them think on the morning after.Apple's iPhone results may indicate China's buying higher-priced modelsThursday saw Apple CEO Ti.....»»

Category: appleSource:  appleinsiderRelated NewsMay 3rd, 2024

Carvana CEO Ernie Garcia and his father make $11 billion in 3,000% stock rebound

The one-day surge in Carvana shares pushed the older Garcia’s fortune to $10.9 billion from a 2022 low of $3.1 billion, while his son’s net worth climbed to $3.8 billion, according to the Bloomberg Billionaires Index......»»

Category: topSource:  autonewsRelated NewsMay 3rd, 2024

China sends a probe to get samples from the less-explored far side of the moon

China on Friday launched a lunar probe to land on the far side of the moon and return with samples that could provide insights into differences between the less-explored region and the better-known near side......»»

Category: topSource:  physorgRelated NewsMay 3rd, 2024