Category: News Site

DoorDash, the $13B on-demand food delivery startup, says it has confidentially filed for an IPO

The on-demand food delivery wars continue to heat up in the U.S. DoorDash announced today that it has filed confidentially to go public. The company noted that its Form S-1, a draft registration statement, was filed with the SEC and is now being reviewed. It did not say how many shares it would potentially sell,… Continue reading DoorDash, the $13B on-demand food delivery startup, says it has confidentially filed for an IPO

Gilead, Moderna Candidates Ramp Up Coronavirus Drug, Vaccine Testing

February 27th, 2020 Xconomy National —  An investigational antiviral drug Gilead Sciences has been developing to treat infections caused by the Ebola virus will be tested in about 1,000 adults diagnosed with COVID-19, the novel coronavirus that has infected tens of thousands of people and killed more than 2,500. On Wednesday, Foster City, CA-based Gilead… Continue reading Gilead, Moderna Candidates Ramp Up Coronavirus Drug, Vaccine Testing

Tesla sales in China drop despite start of local production, people panic and TSLA crashes

Tesla’s sales in China have dropped significantly in the first month of the year despite Tesla starting local production and deliveries. The drop also happened before the ramp-up in fear over the coronavirus and now Tesla’s stock is taking a major hit. The entire market has been hit this week due to fear of the… Continue reading Tesla sales in China drop despite start of local production, people panic and TSLA crashes

Tesla reports fully autonomous miles for first time in years, but it’s nothing to get excited about

Tesla has reported some fully autonomous test miles for the first time in years in the California DMV disengagement report, but it’s nothing to get too excited about. The California DMV makes companies who are testing autonomous vehicles in the state submit yearly “disengagement reports” to release details about each time their autonomous test vehicles… Continue reading Tesla reports fully autonomous miles for first time in years, but it’s nothing to get excited about

Tesla’s massive 1GWh Megapack battery project with PG&E is approved

Tesla’s massive project to deploy 1GWh of Megapacks to create a giant energy storage system in California with PG&E has received approval from the local authorities. We first learned of the project at PG&E’s Moss Landing substation when they submitted it to CPUC and the company was in talks with Tesla in 2017. It involves four separate energy storage… Continue reading Tesla’s massive 1GWh Megapack battery project with PG&E is approved

GM’s Cruise cleared to carry passengers in self-driving cars in California

Cruise LLC, the autonomous-vehicle unit of General Motors Co., has been cleared to carry passengers in California. The company has been authorized by the California Public Utilities Commission. to transport passengers in test self-driving vehicles on public highways in California.  Cruise’s self-driving cars will be required to be operated by a human who has been issued a test vehicle operator permit by the… Continue reading GM’s Cruise cleared to carry passengers in self-driving cars in California

Kia recalls over 193K vehicles; fuel leaks can cause fires

Tom Krisher, AP Auto Writer Published 12:18 p.m. ET Feb. 27, 2020 | Updated 12:28 p.m. ET Feb. 27, 2020 Detroit – Kia is recalling more than 193,000 cars and minvans in yet another move to fix nagging problems that could cause engine fires. The largest of two U.S. recalls released by the government Thursday… Continue reading Kia recalls over 193K vehicles; fuel leaks can cause fires

SAE publishes recommended practices for automated EV charging systems

As the EV market expands, there’s a pressing need for more standardization of DC power distribution, especially for buses and heavy-duty vehicles. SAE International’s new standard SAE J-3105: Electric Vehicle Power Transfer System Using Conductive Automated Connection Devices Recommended Practice promotes the safe testing and performance of mechanized conductive power transfer systems, primarily for vehicles… Continue reading SAE publishes recommended practices for automated EV charging systems

Bus ticketing firm redBus forays into car, bike pooling segment in Delhi

rPool, a shared mobility service, will cater only to office goers in Delhi to avail and offer rides in their personal cars and bikes, while commuting between home and their workplace. The service can be accessed suing the redBus mobile app. Last year, the company had launched such services in Bengaluru, Hyderabad and Pune. “It… Continue reading Bus ticketing firm redBus forays into car, bike pooling segment in Delhi