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Struggling EV startup Fisker seeks U.S. manufacturing partner to make Alaska pickup

Fisker doesn't have a factory, but instead relies on contract manufacturing in Europe. It's now in talks with an automaker — possibly Nissan — to build future models together in the U.S., according to a report......»»

Category: topSource:  autonewsMar 5th, 2024

Security tools fail to translate risks for executives

Organizations are struggling with internal communication barriers, which hinder their ability to address cybersecurity threats, according to Dynatrace. The results indicate that CISOs encounter challenges in aligning security teams with the C-suite,.....»»

Category: securitySource:  netsecurityRelated NewsMay 8th, 2024

How workforce reductions affect cybersecurity postures

In its State of Pentesting Report, Cobalt reveals an industry struggling to balance the use of AI and protecting against it, while facing significant resource and staffing constraints. Pentesting plays a key role in addressing this challenge, equippi.....»»

Category: securitySource:  netsecurityRelated NewsMay 8th, 2024

Researchers establish commercially viable process for manufacturing with promising new class of metals

Nanostructured high entropy alloys—metals made from a chaotic mix of several different elements—show a lot of promise for use in industries such as aerospace and automotive because of their strength and stability at high temperatures compared wit.....»»

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

New super-pure silicon chip opens path to powerful quantum computers

Researchers at the Universities of Melbourne and Manchester have invented a breakthrough technique for manufacturing highly purified silicon that brings powerful quantum computers a big step closer......»»

Category: topSource:  physorgRelated 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

Hey Makers! Maker Faire Rome 2024 Wants You!

Maker Faire Rome returns October 25-27th to the Gazometro and the want you to come and share your best ideas + projects! The Call for Makers is open covering all key aspects of innovation from digital manufacturing to the Internet of Things, robotic.....»»

Category: gadgetSource:  makezineonlineRelated NewsMay 6th, 2024

Magna adds 363 jobs at 3 operations in Michigan

Magna, the world’s fourth-largest auto supplier, will open an engineering center for lighting in Novi and an R&D center in Troy, while adding manufacturing capacity in Lyon Township, according to a statement last week......»»

Category: topSource:  autonewsRelated NewsMay 5th, 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

Law fails victims of financial abuse from their partner, research warns

Victims of financial abuse from their partner in England and Wales are being failed by an "inadequate" legal response, new research warns......»»

Category: topSource:  informationweekRelated NewsMay 3rd, 2024

Magna expects $400 million revenue loss from Fisker production halt

Magna builds the Ocean EV for Fisker. Magna said it is monitoring the situation and "will evaluate opportunities to further mitigate impact on our business.”.....»»

Category: topSource:  autonewsRelated NewsMay 3rd, 2024

American Axle revenue, profit climb in first quarter

American Axle & Manufacturing Holdings Inc. increased revenue and profit in the first quarter thanks to steadier production from its customers. The automotive supplier saw year-over-year revenue growth of 7 percent to $1.6 billion during the period,.....»»

Category: topSource:  autonewsRelated NewsMay 3rd, 2024

Lucid to report Q1 earnings amid cash burn, waning EV growth

The startup produced 1,728 Air sedans in the first quarter, running behind its 2024 forecast of 9,000 vehicles. Lucid plans to launch a second model, the Gravity crossover, this year......»»

Category: topSource:  autonewsRelated NewsMay 3rd, 2024

Lake tsunamis pose significant threat under warming climate

Cowee Creek, Brabazon Range, Upper Pederson Lagoon—they mark the sites of recent lake tsunamis, a phenomenon that is increasingly common in Alaska, British Columbia and other regions with mountain glaciers......»»

Category: topSource:  physorgRelated NewsMay 3rd, 2024

Researchers determine large numbers of wild mountain goats are killed every year by avalanches

A multi-institutional team of animal behaviorists, snow impact specialists and biologists from Alaska, Montana, Switzerland and Canada has found that large numbers of wild mountain goats die every year in Alaska due to avalanches. For their study, th.....»»

Category: topSource:  physorgRelated NewsMay 3rd, 2024

Julie Herrera buys another Texas store

City Limits Nissan is the first dealership Julie Herrera bought without the backing of her investor partner Cavender Auto Family of San Antonio......»»

Category: topSource:  autonewsRelated NewsMay 3rd, 2024

Minority dealer Julie Herrera expands IDEA Auto Group

City Limits Nissan is the first dealership Julie Herrera bought without the backing of her investor partner Cavender Auto Family of San Antonio......»»

Category: topSource:  autonewsRelated NewsMay 3rd, 2024

Rocket Report: Astroscale chases down dead rocket; Ariane 6 on the pad

Rocket Factory Augsburg, a German launch startup, nears a test-firing of its booster. Enlarge / This image captured by Astroscale's ADRAS-J satellite shows the discarded upper stage from a Japanese H-IIA rocket. (credit: Astrosca.....»»

Category: topSource:  arstechnicaRelated NewsMay 3rd, 2024