EV maker Rivian"s net loss widens
Rivian reported second-quarter revenue tallied $364 million while the EV maker's net loss widened to $1.71 billion, from $580 million a year earlier......»»
First-of-its-kind study shows that conservation actions are effective at halting and reversing biodiversity loss
A study published April 25, in the journal Science provides the strongest evidence to date that not only is nature conservation successful, but that scaling conservation interventions up would be transformational for halting and reversing biodiversit.....»»
CarNow eyes expansion, possible acquisitions after debt financing
CarNow, maker of digital retailing platforms for dealerships, plans to use $40 million in new debt financing to accelerate product development and pursue further market expansion......»»
VinFast founder commits $1 billion as EV maker bleeds cash
Vietnamese billionaire Pham Nhat Vuong pledged to invest at least another $1 billion of his personal wealth into VinFast Auto Ltd., providing the capital needed for expansion of the struggling electric vehicle maker......»»
Mobileye quarterly loss widens, revenue plunges as chip orders decline
Mobileye Global reported a sharp fall in first-quarter revenue on Thursday, hurt by fewer orders for its driver-assistance chips as clients rein in spending amid an uncertain economy and excess inventory. .....»»
Congo demands that Apple prove iPhone doesn"t use conflict materials
The Democratic Republic of Congo has told Apple it believes the iPhone maker's supply chain is using materials linked to militia groups.Apple has been asked to verify that it doesn't use "conflict minerals" in the iPhoneApple and at least most Big Te.....»»
U.S. EV battery upstart, Hyundai-Kia close in on lithium metal battery commercialization
SES AI, a U.S. maker of electric vehicle batteries, aims to bring its next-gen lithium metal batteries to market as early as 2026 and is turbocharging the drive through a new agreement to jointly build and test the technology with South Korea's Hyund.....»»
AI tool recognizes serious ocular disease in horses
Colloquially known as moon blindness, equine recurrent uveitis (ERU) is an inflammatory ocular disease in horses, which can lead to blindness or loss of the affected eye. It is one of the most common eye diseases in horses and has a major economic im.....»»
Some cannabis rolling papers may contain unhealthy levels of heavy metals
A team of chemists at Lake Superior State University, working with colleagues from Wayne State University, both in Michigan, and two representatives from JEOL U.S., a lab equipment maker, has found that some cannabis rolling papers contain high level.....»»
Seating supplier Adient plans European job cuts as part of restructuring plan
Adient is cutting jobs in Europe and transferring other roles to countries with lower labor costs, becoming the latest parts maker to eliminate positions in the region......»»
Advances in understanding the evolution of stomach loss in agastric fishes
Living beings can evolve to lose biological structures due to potential survival benefits from such losses. For example, certain groups of ray-finned fishes show such regressive evolution—medakas, minnows, puffera, and wrasses do not have a stomach.....»»
Accessory maker now selling cases for rumored 12.9-inch iPad Air
There have been many rumors about the launch of new iPads soon given that it has been over a year since Apple last updated its tablet lineup. As the company is rumored to introduce a larger iPad Air for the first time, accessory makers are already se.....»»
Tesla"s full self-driving feature may launch in China "very soon," Musk says
The EV maker rolled out FSD four years ago but has yet to make it available in China despite customers urging it to do so......»»
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.....»»
Tesla"s U.S. registrations fell 25% in February, dragging the EV segment into the red
Ford, Hyundai, Kia, BMW and Rivian posted strong gains, partially offsetting Tesla's decline. The last time monthly EV registrations fell was in August 2020......»»
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.....»»
Wild turkey numbers are falling in some parts of the US—the main reason may be habitat loss
Birdsong is a welcome sign of spring, but robins and cardinals aren't the only birds showing off for breeding season. In many parts of North America, you're likely to encounter male wild turkeys, puffed up like beach balls and with their tails fanned.....»»
51% of enterprises experienced a breach despite large security stacks
Threat actors are continuing to successfully breach across the entire attack surface and the stakes are only getting higher: 93% of enterprises who admitted a breach reported unplanned downtime, data exposure, or financial loss as a result, according.....»»
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.....»»
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......»»
Ford recalls 456,565 Bronco Sports, Mavericks over loss of drive power, NHTSA says
Unexpected battery loss might go undetected in these vehicles, which could lead to a car being unable to restart or stall when coming to a stop at a low speed, NHTSA said......»»