For venture capitalists, the scars of bitcoin’s disastrous 2022 run deep. While breezy bitcoin has bounced back, leaping by about 55% this year, investments in crypto startups have dropped for the fifth straight quarter. VC crypto bets totaled just under $2.3 billion in April-July this year, the lowest quarterly level for over three years, according… Continue reading For VC investors, the scars of bitcoin’s 2022 crash have yet to fade
Category: Automotive
NHTSA Seeks to Recall 52 Million Airbag Inflaters by ARC and Delphi
Federal auto safety regulators moved Tuesday toward a recall of about 52 million airbag inflaters used by a dozen major carmakers, calling the parts unsafe and susceptible to rupture. The National Highway Traffic Safety Administration scheduled a public meeting on Oct. 5 on its recommendation to recall the airbags, manufactured by ARC Automotive and Delphi… Continue reading NHTSA Seeks to Recall 52 Million Airbag Inflaters by ARC and Delphi
4 Days, 690 Miles, Countless Stalls: Behold the ‘World’s Longest Yard Sale’
To the visitor driving in from out of state, the 127 Yard Sale seems like a kind of Ironman for thrifters. The “world’s longest yard sale” is a test of endurance and attention. Spanning six states, 690 miles and thousands of stalls, it traverses dramatic landscapes, delicate cultural terrain and two time zones. Seeing it… Continue reading 4 Days, 690 Miles, Countless Stalls: Behold the ‘World’s Longest Yard Sale’
A Slice of Big Sky Country You Won’t See on ‘Yellowstone’
Recently, western Montana and cities like Bozeman are experiencing a surge in popularity because of the wildly successful drama “Yellowstone” and its prequels “1883” and “1923.” But some of Montana’s most intriguing areas are those that remain untouched by the limelight. The Hi-Line is one of them. It’s the stretch of U.S. Highway 2 that… Continue reading A Slice of Big Sky Country You Won’t See on ‘Yellowstone’
The Big Number: 30,000
At the moment, Tesla accounts for more than half the fast chargers in the United States. Last month, Ford Motor and G.M. struck a deal that would allow them to adopt Tesla’s charging technology and, separately, Tesla has pledged to make more of its chargers available to other car brands. The collaboration announced on Wednesday… Continue reading The Big Number: 30,000
Brad Pitt Is Making a Movie About Formula 1
Hollywood has produced a number of car-racing movies over the years. There have been “Grand Prix,” “Le Mans,” “Days of Thunder” and “Ford v Ferrari.” The latest, as-yet-untitled picture from Apple Studios, Plan B Entertainment and Jerry Bruckheimer Films is set in the world of Formula 1. It is about the fictional team APXGP and… Continue reading Brad Pitt Is Making a Movie About Formula 1
G.M. and Other Automakers Will Build 30,000 Electric Vehicle Chargers
Seven major automakers announced a plan on Wednesday to nearly double the number of fast chargers in the United States in an effort to address one of the main reasons that people hesitate to buy electric cars. The carmakers — BMW Group, General Motors, Honda, Hyundai, Kia, Mercedes-Benz Group and Stellantis — will initially invest… Continue reading G.M. and Other Automakers Will Build 30,000 Electric Vehicle Chargers
A Times Energy Reporter Hunts for Power Sources
“The truck is the battery,” John Reigard said, a hint of pride in his voice. The family purchased the F-150 Lightning just over a year ago, and they have lost power several times since: at Christmastime, after family members had arrived for the holidays; during a late winter storm in March; and on a summer… Continue reading A Times Energy Reporter Hunts for Power Sources
G.M.’s Electric Vehicle Rollout Delayed by Slow Battery Production
General Motors is investing tens of billions of dollars to produce new electric vehicles and, it hopes, catch up to Tesla. But those ambitious goals appear distant. This year, the company is struggling to produce a new electric car battery pack meant for the electric vehicles it plans to introduce over several years. On Tuesday,… Continue reading G.M.’s Electric Vehicle Rollout Delayed by Slow Battery Production
Reeves Callaway, Maker of Really, Really Fast Cars, Dies at 75
Reeves Callaway, who started out driving fast cars and then focused on creating them, including one that set a speed record of 254.76 miles per hour in 1988, died on July 11 at his home in Newport Beach, Calif. He was 75. His company, Callaway Cars, said the cause was injuries from a fall. Mr.… Continue reading Reeves Callaway, Maker of Really, Really Fast Cars, Dies at 75