More than half of US car sales to be electric by 2030
Just over half of passenger cars sold in the US will be electric vehicles by 2030, according to a report from BloombergNEF, thanks in part to consumer incentives included in the US$374 billion in new climate spending enacted by President Joe Biden......»»
Following a great launch quarter, China iPhone sales are pretty bad so far in 2024
After the second-best iPhone launch quarter Apple has ever had in China, new sales estimates claim that Apple also had the biggest quarterly drop it has ever had.iPhone 15 ProFigures from Counterpoint Research have already claimed that Apple's iPhone.....»»
5 defining moments from Tesla"s Q1 earnings
Industry analysts expected bad news from Tesla's first-quarter earnings report after weak sales. But CEO Elon Musk provided an upbeat narrative by announcing new affordable models for next year......»»
China"s Shenzhou-18 mission docks with space station
A spaceship carrying three astronauts from China's Shenzhou-18 mission safely docked at Tiangong space station Friday, state-run media reported, the latest step in Beijing's space program that aims to send astronauts to the Moon by 2030......»»
Toyota will spend $1.4 billion to build electric 3-row SUV in Indiana
This is a different new 3-row EV from the one Toyota will build in Kentucky. Enlarge / This Toyota factory in Indiana is getting a $1.4 billion investment so it can assemble a new three-row electric SUV for the automaker. (credit.....»»
China launches 3-member crew to its space station as it seeks to put astronauts on the moon by 2030
China launched a three-member crew to its orbiting space station on Thursday as part of its ambitious program that aims to put astronauts on the moon by 2030......»»
The UK"s Climate Change Act, once the envy of the world, faces a stress test
The Scottish government's decision to row back on its 2030 climate pledge illustrates the crux of any target: it's easy to set one with a big political flourish, but harder to follow through with a careful plan to achieve it......»»
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......»»
Asbury Q1 net income slips 19%; $4.2 billion in revenue sets record
Asbury Automotive Group produced $147.1 million in net income during the first quarter, down 19 percent from a year earlier as falling profit margins offset rising vehicle sales and revenue......»»
A Polestar Phone now inexplicably exists
Polestar normally makes electric cars, but now it's releasing a phone. The Polestar Phone. Someday it will unlock your Polestar car. [credit:.....»»
Group 1 net income falls nearly 7% in Q1 as company ramps up acquisitions
Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»
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.....»»
Pushing the limits of sub-kilowatt electric propulsion technology for space mission concepts
NASA has developed an advanced propulsion technology to facilitate future planetary exploration missions using small spacecraft. Not only will this technology enable new types of planetary science missions, one of NASA's commercial partners is alread.....»»
Fake engine noises in electric cars need to die
Electric cars have the benefit of being much more quiet than their gas-powered counterparts. So why are carmakers building in fake engine noises?.....»»
Spring iPhone sales slip to lowest activation share in years
The iPhone's slice of the smartphone activation pie has shrunk to its smallest size in six years, marking a concerning trend for Apple as it grapples with the longest gap yet between its iPhone releases.iPhone sales slip to lowest activation share in.....»»
Mercedes’ electric G-Wagon is more capable than the gas version
With four motors, deeper fording, and more power, you can forget about the gas version. Enlarge / Electric power has not robbed the G-Wagon of its off-road skills. If anything, it has enhanced them. (credit: Mercedes-Benz).....»»
Elite: Dangerous’s real-money ship sales spark “pay-to-win” outrage
In 2019, dev promised purchases would "only be used to buy cosmetic Game Extras." Enlarge / Players will be able to throw down a few bucks to get the Python Mk 2 starting next month. (credit: Frontier Developments) Elite.....»»
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......»»
Group 1 net income falls nearly 7% in Q1 as it ramps up acquisitions
Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»
Group 1 net income falls nearly 7 percent in Q1
Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»