Elevated value of used vehicles is expected to hold
Used-vehicle prices are dropping, but models are likely to hold more value through at least 2025 than they did pre-pandemic, according to experts from J.D. Power and Black Book......»»
Lithia Q1 net income down 28% as "normalization" returns to profit per vehicle
Lithia Motors said it sold 188,119 new and used vehicles, with gross profit per vehicle dropping 22% to $4,346 in the first quarter......»»
Biden signs TikTok bill into law as Chinese firm threatens legal action
President Biden has now formally signed the bill that means TikTok owner ByteDance must sell the platform, or face being banned in the US from 2025.TikTok could be banned in the US from 2025As expected following the Senate's passing of the combinatio.....»»
Updating California’s grid for EVs may cost up to $20 billion
Charging electric vehicles at home will exceed most power lines' capacity. Enlarge (credit: boonchai wedmakawand) California's electric grid, with its massive solar production and booming battery installations, is alread.....»»
Honda"s new Ye Series EVs for China foreshadow U.S.-bound next-gen 0 Series
Honda's new family of all-electric vehicles, called the Ye Series, goes on sale in China this year and advances the Japanese carmaker toward a next-generation of software-powered EVs that are bound for the U.S. and other markets......»»
Vroom CEO: ‘Gut-wrenching" decision to end online used-car business
When a search to secure more capital was unsuccessful, Vroom's senior leadership called it: The company would stop buying and selling used vehicles online as soon as possible......»»
Lithia Q1 net income down 28% as margins slip
Lithia Motors said it sold 188,119 new and used vehicles with a gross profit of $4,346 in the first quarter......»»
Tesla says it will accelerate new products after Q1 net income drops 55% to $1.1B
"These new vehicles, including more affordable models, will utilize aspects of the next generation platform as well as aspects of our current platforms," Tesla said in its first-quarter report......»»
Apple announces special event for May 7: ‘Let Loose’
Apple has announced a special event for May 7, teasing “Let Loose.” The event will be online and take place at 7 a.m. PT/10 a.m. ET. It’s expected to focus on new iPad hardware and accessories, with a new iPad Pro, iPad Air, Apple Pencil, and M.....»»
Tim Cook hints at new Apple Pencil 3 coming next month – here’s what the rumors say
Apple on Tuesday announced that it will hold a special event on May 7. Although the company doesn’t usually discuss the topics of the event, the invitation artwork makes it clear that it will be all about iPad – as we can see an Apple Pencil in i.....»»
Apple teases new iPad Pro & Air event with multiple animated logos
Alongside its main logo promoting the forthcoming iPad event, Apple's homepage is rotating through half a dozen variants.Three of the Apple logos being used to promote the May iPad eventWhen Apple announced its May 7, 2024, event where it's expected.....»»
New iPad Air & iPad Pro models are coming soon - what to expect
Apple is holding a special event on May 7 that will most likely focus on new models of the iPad Air and iPad Pro. Here's what to expect from the "Let Loose" event.iPads are expected at Apple's next eventApple has not made a meaningful update to the i.....»»
Study shines light on properties and promise of hexagonal boron nitride, used in electronic and photonics technologies
Single-photon emitters (SPEs) are akin to microscopic lightbulbs that emit only one photon (a quantum of light) at a time. These tiny structures hold immense importance for the development of quantum technology, particularly in applications such as s.....»»
New iPad Air & iPad Pro models are coming on May 7
In a surprise move, Apple has announced a new iPad event for May 7, with the iPad Pro and iPad Air expected to debut.The event called "Let Loose" is on May 7. However, it is scheduled a bit earlier in the day than normal, happening at 10AM Eastern ti.....»»
People doubt their own ability to spot AI-generated deepfakes
23% of Americans said they recently came across a political deepfake they later discovered to be fake, according to McAfee. The actual number of people exposed to political and other deepfakes is expected to be much higher given many Americans are no.....»»
Kia gives $7,500 incentive for EV9 sales until production moves to U.S.
Kia America is giving buyers of its EV9 $7,500 to match the amount buyers recoup from a federal tax credit on electric vehicles that are not imported......»»
New iPads Imminent as Latest Hint Comes from Apple
Apple is expected to launch a new iPad models in May and the latest hint comes from the company itself. Rumors suggest Apple is targeting next month for two highly anticipated announcements. The first, a new OLED iPad Pro with an assortment of upgrad.....»»
AESC doubles battery investment for BMW"s EVs in South Carolina
The plant is expected to come online in 2027 and supply BMW's assembly plant in Spartanburg, S.C., where the automaker plans to produce at least six EV models by 2030......»»
ESR takes a chance launching cases for 12.9-inch iPad Air before announcement
Before the expected 12.9-inch iPad Air has even been confirmed, ESR has launched a range of case models for it.A 12.9-inch iPad Air on an ESR magnetic caseESR already makes a range of Qi2 charging devices for the iPhone, and its lower-cost alternativ.....»»
In Ecuadoran Amazon, butterflies provide a gauge of climate change
Biologists on a trail in the Ecuadoran Amazon hold their breath as they distribute a foul-smelling delicacy to lure butterflies, critical pollinators increasingly threatened by climate change......»»
Dealers raise concerns about how Scout, Sony Honda Mobility will sell vehicles
Dealers, associations and NADA have been sending inquiries to Scout Motors and Sony Honda Mobility on how the brands plan to sell vehicles......»»