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EV startup Fisker idles production, warns it may need to seek bankruptcy

Company says it is halting production for six weeks after missing required interest payment of about $8.4 million last week......»»

Category: topSource:  autonewsMar 18th, 2024

Toyota CEO Sato leads automaker to record profit, sales, production

Toyota reported record quarterly sales and record profits, but warned earnings will retreat in the current year as it takes a break from hectic expansion and invests in next-generation EVs, software and AI......»»

Category: topSource:  autonewsRelated NewsMay 8th, 2024

Forgepoint Capital boosts Nudge Security’s seed round

Nudge Security announced new funding from Forgepoint Capital, which joins Ballistic Ventures in bringing the fast-growing startup’s seed funding to $16.5 million. Forgepoint Co-Founder and Managing Director Alberto Yépez will join the Nudge Securi.....»»

Category: securitySource:  netsecurityRelated NewsMay 8th, 2024

Rivian"s Q1 net loss widens to $1.45 billion as revenue nearly doubles to $1.2 billion

Rivian's first-quarter deliveries surged 71 percent to 13,588 while production rose 48 percent to 13,980. Rivian expects to build 57,000 vehicles this year, about the same as last year......»»

Category: topSource:  autonewsRelated NewsMay 7th, 2024

A photocatalyst for sustainable syngas production from greenhouse gases

Researchers have developed a novel photocatalyst, named Rh/InGaN1-xOx, which is a nanoarchitecture consisting of rhodium nanoparticles anchored on oxygen-modified indium gallium nitride nanowires grown on silicon substrates......»»

Category: topSource:  physorgRelated NewsMay 7th, 2024

Researchers discover three ingots made of Roman lead in Northern Córdoba

Three ingots from the site of Los Escoriales de Doña Rama (Belmez) and dating from the Roman era demonstrate the importance of lead production and exportation in northern Córdoba. Measuring some 45 centimeters long and weighing between 24 and 32 ki.....»»

Category: topSource:  physorgRelated NewsMay 7th, 2024

Snap bean panel reveals variability in leaf, pod color phenotypes

A new study led by researchers from Oregon State University explores the significance of vegetable color in consumer choices and agricultural production, focusing on snap beans. The color of snap bean pods, influenced by various compounds, plays a cr.....»»

Category: topSource:  physorgRelated NewsMay 7th, 2024

Regulating branch development of petunias

Branching is a pivotal determinant of plant architecture, not only influencing the capacity of the plant to adapt to its environment but also significantly impacting crop yield, ornamental characteristics, and production economics of horticultural pl.....»»

Category: topSource:  physorgRelated NewsMay 7th, 2024

Researchers reveal how molecular roadblocks slow the breakdown of cellulose for biofuels

Cellulose, which helps give plant cell walls their rigid structure, holds promise as a renewable raw material for biofuels—if researchers can accelerate the production process. Compared to the breakdown of other biofuel materials like corn, breakin.....»»

Category: topSource:  physorgRelated NewsMay 7th, 2024

Fisker files for reorganization in Austria after production idled; Magna cutting 500 jobs

Fisker said the move gives it 'breathing room to protect its business while it conducts a value-maximizing strategic transaction or other sale of assets.'.....»»

Category: topSource:  autonewsRelated NewsMay 7th, 2024

Hyundai-backed self-driving startup Motional delays plans, cuts employees

Motional, the joint venture between Hyundai and Aptiv, said Tuesday it would delay its driverless commercialization plans and it had laid off employees......»»

Category: topSource:  autonewsRelated NewsMay 7th, 2024

Magna Steyr to cut 500 jobs in Austria after Fisker idles production

The job cuts come as production of key models is halted or comes to an end, including the Fisker Ocean, BMW 5 Series, and the Jaguar E-Pace and I-Pace......»»

Category: topSource:  autonewsRelated NewsMay 7th, 2024

6 tips to implement security gamification effectively

There’s not a CISO in the industry who’s not aware of the extremely short median CISO tenure. That’s why the best CISOs are those who constantly seek ways to strengthen their teams. They help members evolve and grow in their roles, enhancing se.....»»

Category: securitySource:  netsecurityRelated NewsMay 7th, 2024

UAW authorizes strike at key Ram and Jeep stamping plant in Michigan

A work stoppage "could particularly impact production" of Ram pickups and the Jeep Wrangler and Wagoneer, the UAW said......»»

Category: topSource:  autonewsRelated NewsMay 7th, 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 NewsMay 6th, 2024

Identifying priorities to leverage smart digital technologies for sustainable crop production

Drones monitoring fields for weeds and robots targeting and treating crop diseases may sound like science fiction but is actually happening already, at least on some experimental farms. Researchers from the PhenoRob Cluster of Excellence at the Unive.....»»

Category: topSource:  physorgRelated NewsMay 6th, 2024

A global plastic treaty will only work if it caps production, modeling shows

An international agreement to end plastic pollution is due to be sealed this year in Busan, South Korea. At the penultimate round of negotiations, held in Ottawa, Canada, Rwanda and Peru proposed a target to cut the weight of primary plastics produce.....»»

Category: topSource:  physorgRelated NewsMay 6th, 2024

Engineers solve "catalysis vs corrosion" mystery in electrochemical ozone production

Researchers at the University of Pittsburgh and Drexel University in Philadelphia, along with Brookhaven National Laboratory, are working to solve a multipart mystery to make water disinfection treatments more sustainable......»»

Category: topSource:  physorgRelated NewsMay 6th, 2024

Apple allegedly planning foldable 20.3-inch hybrid for 2025, foldable iPhone in 2026

Apple is ramping up its work on foldable devices, according to a new investor note seen by 9to5Mac. The report, from Haitong International Securities analyst Jeff Pu, says that Apple will begin mass production of a 20.3-inch foldable device in late 2.....»»

Category: topSource:  informationweekRelated NewsMay 6th, 2024

Microsoft warns of new Android app vulnerability

Microsoft has discovered a new Android app vulnerability that has the potential for malicious apps to rewrite existing apps. The post Microsoft warns of new Android app vulnerability appeared first on Phandroid. Due to the ever-evolving na.....»»

Category: asiaSource:  phandroidRelated NewsMay 6th, 2024

American Axle Q1 revenue, profit climb

American Axle & Manufacturing increased revenue and profit in the first quarter thanks to steadier production from its customers. Net income swung to a $20.5 million gain from a $5.1 million deficit in the same period last year......»»

Category: topSource:  autonewsRelated NewsMay 4th, 2024