Category: News Type

TrafficLand, Inc. Announces Merger with SmartCTY Technologies

NEW YORK, April 19, 2023 /PRNewswire/ — TrafficLand Inc., the largest authorized aggregator and distributor of live traffic video in the U.S., has announced today that they have merged with SmartCTY Technologies, an all-in-one data analytics and traffic management company under the SmartCTY Technologies brand.  TrafficLand provides federal agencies, state Departments of Transportation, media organizations,… Continue reading TrafficLand, Inc. Announces Merger with SmartCTY Technologies

Tesla says price drops are long-term thinking, but it’s really about demand

Tesla cars being shipped to Europe Tesla has just released its Q1 2023 earnings report amidst several price drops since the beginning of the year. This left investors questioning how these drops would affect margins, and Tesla has an explanation, but it’s perhaps only a partial one. In a nod to the question on everyone’s… Continue reading Tesla says price drops are long-term thinking, but it’s really about demand

Tesla reports massive increase in energy storage deployment, thanks to Megafactory

Tesla has reported a massive increase in energy storage deployment in Q1 2023, thanks to its new Megafactory producing a lot of Megapacks. The company’s energy storage business doesn’t get nearly as much attention as its electric vehicle business. And that’s for a good reason – the former is still only a fraction of the… Continue reading Tesla reports massive increase in energy storage deployment, thanks to Megafactory

Tesla gives Cybertruck update, shares new pictures of production, and more

Tesla has released an update on its Cybertruck production program and shared new pictures of the production line and testing. There are many eyes on the Tesla Cybertruck production program. It is expected to have a significant long-term impact on the EV industry and the pickup truck market. Most recently, Tesla has indicated that it… Continue reading Tesla gives Cybertruck update, shares new pictures of production, and more

Jaguar Land Rover to go pure-electric with next Velar, Evoque, and Discovery Sport

Jaguar Land Rover has revealed that it will further accelerate its push into zero-emissions motoring by abandoning plans to make combustion-engined versions of its next-gen Evoque, Velar and Discovery Sport.  As part of a £15billion investment over the next five years, JLR (as Jaguar Land Rover is rebranding itself) has announced that it is reconfiguring… Continue reading Jaguar Land Rover to go pure-electric with next Velar, Evoque, and Discovery Sport

Automaker Stellantis hires ex-Adidas, grocery executive as CFO

The logo of Stellantis, the world’s fourth-largest automaker which starts trading in Milan and Paris after Fiat Chrysler and Peugeot maker PSA finalised their merger, is seen at the main entrance of FCA Mirafiori plant in Turin, Italy, January 18, 2021. Massimo Pinca | Reuters Stellantis on Wednesday said it has hired the chief financial… Continue reading Automaker Stellantis hires ex-Adidas, grocery executive as CFO

Tesla net income and earnings drop more than 20% from last year

Employees of the Tesla Gigafactory Berlin Brandenburg work on the final inspection of the finished Model Y electric vehicles. The Tesla plant was opened and put into operation on March 22, 2022. Patrick Pleuil | Picture Alliance | Getty Images Shares in electric vehicle makers Tesla dropped 4% after the company reported first-quarter earnings after… Continue reading Tesla net income and earnings drop more than 20% from last year

Chinese EV giant BYD says self-driving tech is more valuable for factories than cars

BYD’s new luxury brand Yangwang is selling its first model, the U8, for more than 1 million yuan ($160,000). CNBC | Evelyn Cheng SHANGHAI — Fully autonomous driving is “basically impossible” and the technology would be better applied to manufacturing, according to Chinese battery and electric car company BYD. Many electric car and tech companies… Continue reading Chinese EV giant BYD says self-driving tech is more valuable for factories than cars

The Swedish rival to Tesla’s Semi scores a deal with PepsiCo to deliver snacks in the UK

Swedish electric vehicle maker Einride will supply two of its heavy-duty trucks to PepsiCo as part of an expansion into the U.K. Einride Swedish electric vehicle manufacturer Einride has signed a deal with PepsiCo to supply electric trucks that would transport Walkers chips in the U.K. It marks Einride’s first move into the U.K. market,… Continue reading The Swedish rival to Tesla’s Semi scores a deal with PepsiCo to deliver snacks in the UK