EV push could spur more supplier mergers and acquisitions
The pace of supplier mergers and acquisitions could soon pick up as companies look to reposition themselves for the EV era and as private equity firms seek to put hundreds of billions of dollars in outstanding capital to work......»»
EV charger robot developed by Michigan startup draws international interest
IonDynamics was founded in January 2024 with the goal of both modernizing EV grid charging technology — as well as eliminating the costs associated with EV charging infrastructure......»»
I’m a Chevy Bolt owner, and I can’t believe Superchargers work this well
It might not last, but road trips in the slowest-charging EV are quite nice now. Enlarge / Nothing but respect for the clairvoyant landscape architect who designed this Wawa parking lot, knowing the discount EVs would one day arr.....»»
BYD seeks further easing of Mexico EV tariffs
BYD launched sales in Mexico last year via imports, and the company has since announced plans to build a local plant to push out up to 500,000 cars a year for the domestic market......»»
Daily 5 report for Sept. 27: More turmoil ahead in Vinnie Johnson"s minority certification controversy
The Michigan Minority Supplier Development Council isn't going away in its quest to strip Piston Group of its minority certification......»»
Chinese automaker BYD seeks further easing of Mexico EV tariffs
BYD launched sales in Mexico last year via imports, and the company has since announced plans to build a local plant to push out up to 500,000 cars a year for the domestic market......»»
Was Vinnie Johnson"s Piston Group the subject of a takeover plot?
The longtime auto supplier's favorable court decision was the culmination of a bitter legal fight that dragged on more than three years — and may not be done yet. An appeal was filed last week......»»
Apple cuts interest rate for Apple Card Savings Account
Apple and Goldman Sachs are cutting the interest rate offered by Apple Card Savings Account from 4.4% to 4.25%. The move was announced in push notifications sent to Apple Card users on Tuesday evening. more….....»»
AI trained on evolution"s playbook develops proteins that spur drug and scientific discovery
A new artificial intelligence model developed by researchers at The University of Texas at Austin paves the way for more effective and less toxic treatments and new preventive strategies in medicine. The AI model informs the design of protein-based t.....»»
Canadian auto industry pushes government to ban Chinese software, hardware
Canada’s auto industry is calling on the federal government to follow the lead of its U.S. counterparts in a push to ban Chinese software and hardware used in connected vehicles on American roads......»»
Biofuel production: Rhodococcus strain N1-S transforms succinic acid production
As the global push for sustainable biofuels intensifies, lignocellulosic biomass has emerged as a prime candidate for biofuels and biochemicals owing to its abundance and renewability. This biomass, derived from plant materials, holds great promise a.....»»
Tesla supplier goes bankrupt after $30M verdict in defective parts lawsuit in Ohio
Wrena filed for voluntary Chapter 11 bankruptcy in U.S. Bankruptcy Court with liabilities between $10 million and $50 million......»»
Auto supplier goes bankrupt after $30M verdict in defective parts lawsuit
Southfield, Mich.-based automotive supplier Wrena LLC filed for bankruptcy Monday with the intention of selling the business after being ordered to pay $30 million in a lawsuit over defective parts. The company petitioned for voluntary Chapter 11.....»»
Organizations are changing cybersecurity providers in wake of Crowdstrike outage
More often than not, a cyber attack or a cyber incident that results in business disruption will spur organizations to make changes to improve their cybersecurity and cyber resilience – and sometimes that means changing cybersecurity providers......»»
Flaming Audi EV on dealership lift challenges firefighters
Firefighters were able to lower the EV from the lift and push it outside so the flames could be fully extinguished......»»
Auto supplier plans to invest $78.8M at former Stellantis plant in Detroit
Laepple Automotive plans to invest $78.8 million into the former Stellantis Mount Elliott Tool and Die site on Detroit' east side......»»
Stellantis taking heat from dealers, UAW amid EV push
As Stellantis tries to build sales momentum in the U.S. and presses forward with its EV offensive, it's facing unrest among several constituencies that are monumentally important to its success......»»
Differential privacy in AI: A solution creating more problems for developers?
In the push for secure AI models, many organizations have turned to differential privacy. But is the very tool meant to protect user data holding back innovation? Developers face a tough choice: balance data privacy or prioritize precise results. Dif.....»»
Half-point Fed rate cut could spur consumer demand at auto dealerships
Car dealerships might see higher demand from consumers following the Federal Reserve's decision Sept. 18 to cut its benchmark rate target 0.5 points, according to Edmunds......»»
This speedy RAM is a world’s first, but the even faster DDR5-10000 is coming
These new RAM kits from Asgard push performance to the next level, but the company already has plans for five-digit RAM speeds in the future......»»
Overheard: Rise in EV warranty work in service departments should spur new strategies
Warranty work on EVs is expected to increase. This should prompt new strategies for dealership service departments, said Jim Roche, CEO of warranty processing platform WarrCloud......»»