SK Innovation plans second EV battery plant in U.S., expansion in Hungary

LAS VEGAS (Reuters) – South Korea’s SK Innovation Co Ltd plans to build a second electric vehicle (EV) battery plant in the United States and is considering expanding another factory in Hungary to meet soaring demand for EV cells, its chief executive told Reuters. FILE PHOTO: The logo of SK Innovation is seen in front… Continue reading SK Innovation plans second EV battery plant in U.S., expansion in Hungary

An Iranian Hacking Campaign, Social Media Surveillance, and More News

Passwords are being taken and hackers are trying to break in, but first: a cartoon about cancel culture. Here’s the news you need to know, in two minutes or less. Want to receive this two-minute roundup as an email every weekday? Sign up here! Today’s News Iranian hackers have been “password-spraying” the US grid In… Continue reading An Iranian Hacking Campaign, Social Media Surveillance, and More News

Lime exits 12 cities and lays off 100 employees in search of profit

Sponsored Links In its ongoing quest to become profitable, Lime says it will exit 12 markets across the globe. In the US, the company will shutter operations in four cities: Atlanta, Phoenix, San Diego and San Antonio. It will also leave Linz, Austria, as well as Bogotá, Buenos Aires, Montevideo, Lima, Puerto Vallarta, Rio de… Continue reading Lime exits 12 cities and lays off 100 employees in search of profit

Uber makes changes in California to brace for new gig worker law

Sponsored Links ASSOCIATED PRESS Late last month, Uber and Postmates sued California in an attempt to block AB5, the law that would reclassify many gig economy workers as employees. While that fight is not over, Uber is also preparing for the event that AB5 takes effect. The company sent an email to over 150,000 drivers… Continue reading Uber makes changes in California to brace for new gig worker law

Waymo secures bigger award against workers who went to rival Uber

SAN FRANCISCO (Reuters) – Alphabet Inc’s Waymo said on Thursday that arbitrators had finalized a judgment of $128 million, plus undisclosed legal costs and interest, against two former employees who went to rival Uber Technologies Inc. FILE PHOTO: A Waymo Chrysler Pacifica Hybrid self-driving vehicle is parked and displayed during a demonstration in Chandler, Arizona,… Continue reading Waymo secures bigger award against workers who went to rival Uber

IndyCar Star Buys Porsche Taycan: Shares Impressions

IndyCar star and renowned petrolhead Graham Rahal recently added his first electric car to his garage, a Porsche Taycan. The six-time IndyCar race winner has quite the collection of machines, including a Ford GT, a Mercedes AMG GT R Pro, Acura NSX, several classic Ducati motorcycles, and numerous Porsches. Taking to Instagram, Rahal showed off… Continue reading IndyCar Star Buys Porsche Taycan: Shares Impressions

Softbank-backed delivery app Rappi lays off 6% of workforce-statement

SAO PAULO/MEXICO CITY, Jan 9 (Reuters) – Softbank-backed Latin American delivery app Rappi has laid off 6% of its workforce, the company said in a statement, without providing a raw number on the job cuts. Rappi said Softbank Group Corp , which is a major shareholder and has a board seat, was involved in the… Continue reading Softbank-backed delivery app Rappi lays off 6% of workforce-statement

Rinspeed unveils ‘MetroSnap’ electric vehicle developed with Stratasys 3D printing

At this week’s CES Show in Las Vegas, Swiss automobile manufacturer Rinspeed has unveiled its MetroSnap concept electric vehicle, developed with the help of leading 3D printer OEM Stratasys.  Designed to showcase the “next generation of automated electric automobiles for city life,” the sustainable vehicle features over 30 3D printed interior and exterior parts, produced… Continue reading Rinspeed unveils ‘MetroSnap’ electric vehicle developed with Stratasys 3D printing

Hitachi Automotive Systems Americas and TomTom collaborate on developing next-gen smart navigation solution

Hitachi Automotive Systems Americas, and TomTom (TOM2), the location technology provider, announced that they are collaborating on a proof of concept for the development of a new real-time hazard service for navigation and Advanced Driver Assistance Systems (ADAS). Through the collaboration, the companies will combine technological strengths to deliver real-time updates on the location of road hazards,… Continue reading Hitachi Automotive Systems Americas and TomTom collaborate on developing next-gen smart navigation solution

Brunswick and Sea Ray debut a boat loaded with futuristic features at CES

The automobile industry has experienced considerable change when it comes to powertrain and cabin technology features in the past decade, but what about boats? They’re also getting some cutting-edge upgrades made possible by the same technologies that are improving the power and performance of smartphones, and Sea Ray debuted a new top-end outboard boat at… Continue reading Brunswick and Sea Ray debut a boat loaded with futuristic features at CES