Nidec to profit from electric axle manufacturing
Japan-based motor and machine tools manufacturer Nidec plans to invest a total of JPY1 trillion (US$7 billion) in expanding its electric motor systems, Nikkei Asia cited Nidec chairman and CEO Shigenobu Nagamori as saying......»»
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......»»
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?.....»»
New method could cut waste from drug production
Scientists have developed a sustainable new way of making complex molecules, which could greatly reduce waste produced during drug manufacturing, a study suggests......»»
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).....»»
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......»»
Tesla profits drop 55% as Elon Musk dodges cheap car questions
Tesla spent $1 billion on GPUs even as its profit margins shrank by half. Enlarge / Tesla shares rose by almost 11 percent in premarket trading despite the disastrous financial results. (credit: CFOTO/Future Publishing via Getty.....»»
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......»»
Xiaomi Wants to Sell 100,000 SU7 Units this 2024
Xiaomi's going all-in with its new EV. The post Xiaomi Wants to Sell 100,000 SU7 Units this 2024 appeared first on Phandroid. Xiaomi’s SU7 EV has certainly become one of the most talked-about electric cars this year, as it represents.....»»
Mercedes explores electric frontier with G-Wagen off-roader
The G 580 retains the iconic boxy ladder frame design but ditches a combustion engine for a quartet of electric motors and a hefty 116-kilowatt-hour battery......»»
Mercedes G580 electrifies an off-road icon
Mercedes-Benz has finally revealed its electric G-Class. It combines the iconic SUV's traditional design with enhanced off-road performance......»»
Chery, B-ON form electric van JV for N. America, Europe
The venture will give B-ON access to funding and Chery's supply chain and manufacturing footprint while offering the Chinese state-backed automaker access to European and U.S. markets......»»
Scientists stencil-paint carbon nanotube components for flexible transparent electronics
Researchers from Skoltech, MIPT, and elsewhere have found a fast and inexpensive way to create geometric patterns in carbon nanotube films. The resulting films turned out to have superior properties for manufacturing components for 6G communication d.....»»
Apple Arcade is about fun, not profit, says exec in charge
Apple executive Alex Rofman says Apple Arcade was not set up to make the company money, but also insists that game developers are getting an income.Apple ArcadeApple Arcade launched in 2019, and was then included in the Apple One bundle in 2020. Toda.....»»
GM posts higher Q1 profit, ups 2024 financial guidance
GM said it raised its full-year earnings guidance and set a first-quarter record for North American revenue......»»
The 2024 Porsche Macan EV has character, pace, and the right badge
The new electric Porsche Macan starts at $78,800, deliveries begin later this year. Enlarge / The third-generation Porsche Macan drops the internal combustion engine—this one is only available as a battery electric vehicle. (cr.....»»
Home Assistant has a new foundation and a goal to become a consumer brand
Can a non-profit foundation get Home Assistant to the point of Home Depot boxes? Enlarge (credit: Open Home Foundation) Home Assistant, until recently, has been a wide-ranging and hard-to-define project. The open smart h.....»»
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......»»