Ninety percent of all Bitcoins have now been mined
The latter protection hasn’t been terribly effective to date, but then again, it’s unclear what sort of expectations Nakamoto had for the digital currency when it was first conceived......»»
Hybrids, crossovers drive Toyota, Honda, Hyundai, Kia to August U.S. sales gains
U.S. auto sales are projected to rise 7 to 8 percent last month, analysts estimated, with average transaction prices falling as inventory rises and incentives increase......»»
Voting as a social determinant of health
Approximately 244 million Americans will have the opportunity to vote in the 2024 elections. In the 2020 election, an unprecedented 67 percent of those eligible turned out to vote. If turnout reaches that level again, it will result in over 162 milli.....»»
Cybersecurity is top of mind for consumers when shopping online, according to Experian
The credit reporting agency surveyed consumers in March and roughly 80 percent said they were somewhat or very concerned about conducting activities online......»»
Ally"s EV lease strategy includes tax credits, residual guarantee
Ally Financial has rapidly expanded its EV leasing business after receiving a 50 percent residual value guarantee from an unspecified automaker during the first quarter......»»
U.S. delays final ruling to hike tariffs on EVs made in China
Higher duties of 100 percent on EVs, 50 percent on semiconductors and solar cells, and 25 percent on lithium ion batteries and key minerals, steel and aluminum, ship-to-shore cranes and syringes were set to take effect on Aug. 1......»»
US grid adds batteries at 10x the rate of natural gas in first half of 2024
By year's end, 96 percent of the US's grid additions won't add carbon to the atmosphere. (credit: DOE) While solar power is growing at an extremely rapid clip, in absolute terms, the use of natural gas for electricity pr.....»»
CEOs of Nvidia, suppliers highest-paid leaders in 2023 compensation analysis
The median CEO compensation across auto industry sectors in 2023 declined 2.5 percent year over year to about $11.3 million......»»
"Bees starving" in disastrous year for French honey
Beekeepers across France say it has been a disastrous year for honey, with bees starving to death and production plummeting by up to 80 percent......»»
Stellantis, GM slash headcount in Michigan but keep state incentives
Stellantis employed 38,913 people in the state at the beginning of 2023, a 7 percent year-over-year drop, according to data submitted to Crain’s. GM’s Michigan-based headcount of 50,316 at the start of 2024 represents a 9 percent decline from 202.....»»
America inspires McLaren"s four-door Ferrari fighter
McLaren's North American sales more than doubled in the first quarter to 416 vehicles. Meanwhile, the brand's China sales cratered 82 percent, while European sales mostly flatlined......»»
The Uncertain Path Forward for Psychedelic Medicine
After the FDA rejected its proposed MDMA treatment, Lykos Therapeutics is laying off 75 percent of its staff and its founder has left the company......»»
Factory incentives keep EVs growing as automakers plan more affordable models
In the January to June period, EV registrations rose 7 percent to 579,687 vehicles compared with a 1.8 percent rise in the overall light-vehicle market to 7.8 million, S&P Global Mobility said......»»
EVs outpace broader market, buoyed by fresh models and heavy incentives, U.S. registration data shows
New EV registrations rose 3.1 percent in June to 108,026 vehicles compared with an 8.8 percent drop in the broader light-vehicle market to just over 1.2 million, S&P Global Mobility said......»»
Nissan"s hybrid problem goes Rogue
Rogue deliveries fell 29 percent in the second quarter, despite a midcycle update that arrived early this year......»»
Nissan dealership profits tank amid U.S. sales struggles
The average Nissan dealership earned 70 percent less in the first half of the year than in 2023, with more than a third of stores losing money, according to data obtained by Automotive News......»»
Kia-Hyundai anti-theft fix is working after years of viral video exposure, study finds
A study by the Highway Loss Data Institute find that a software device developed by the companies to prevent vehicle theft dropped claim rates by 53 percent......»»
Luminar Q2 net loss narrows to $130.6 million; debt restructuring deal reached
The lidar supplier said revenue grew 2 percent to $16.5 million......»»
Volvo ups sticker price on new EX90 EV by $3,300 despite missing features
One Volvo dealer said 40 percent of his EX90 reservations were canceled because the EV will be missing several safety and entertainment features at launch......»»
ACV Auctions says Q2 net loss widened to $17M, revenue rises 29%
ACV Auctions said the number of used vehicles sold by dealers and commercial auto companies on its wholesale marketplace platform grew 22 percent year over year......»»
Cox: Used-vehicle wholesale prices rose 2.8% in July from June
Used-vehicle wholesale values rose 2.8 percent in July from June, Cox said. Values in July 2024 were down 4.8 percent compared with a year earlier......»»