The founder of Nikola Motor, a maker of electric trucks, went on trial on fraud charges on Monday in a case seen as a cautionary tale about the hazards of investing in companies that are not yet generating any sales or delivering any products. The defendant, Trevor Milton, faces federal charges of fraud and securities… Continue reading Trevor Milton of Nikola Begins Trial in Fraud Case
Category: Automotive
Cruise to launch robotaxi services in Austin, Phoenix before end of 2022
GM’s self-driving technology unit Cruise will launch commercial robotaxi services in Austin, Texas and Phoenix — two hot spots for autonomous vehicle development — “in the next 90 days and before the end of 2022,” Cruise CEO and co-founder Kyle Vogt said Monday, The services will initially be small scale, but from the outset the… Continue reading Cruise to launch robotaxi services in Austin, Phoenix before end of 2022
Want a Tesla Solar Roof? You may need to shell out for a Powerwall first
At Tesla, the company’s stock price apparently isn’t the only thing that’s climbing lately. Powerwall sales are also poised to rise, now that the automaker’s big batteries are reportedly a prerequisite for Solar Roof installations. The requirement is new as of September, and it comes as Tesla ramps up Powerwall production at its Nevada factory,… Continue reading Want a Tesla Solar Roof? You may need to shell out for a Powerwall first
Magna enters the micromobility and battery swapping market
Magna International, a Canadian mobility technology company that builds sensor-based systems for cars like driver monitoring systems and advanced driver assistance systems (ADAS), is entering the micromobility market. The company invested $77 million in Yulu, an Indian shared micromobility operator, and plans to jointly launch a battery swapping service company. Magna’s investment is part of… Continue reading Magna enters the micromobility and battery swapping market
Global Electric Vehicle Sensor Market to value USD 15 Bn by 2030, Says Global Market Insights Inc.
Eminent electric vehicle sensor market participants include Continental AG, Denso Corporation, Robert Bosch, Sensata, ZF, Valeo, Ampheol, Renesas, NXP Semiconductor, and Melexis. SELBYVILLE, Del., Sept. 12, 2022 /PRNewswire/ — The electric vehicle sensor market revenue is expected to cross a valuation of around USD 15 billion by 2030, according to latest research study by Global Market… Continue reading Global Electric Vehicle Sensor Market to value USD 15 Bn by 2030, Says Global Market Insights Inc.
Overview of Honda Exhibits at the 28th ITS World Congress 2022
Diverse safety initiatives toward “Zero Traffic Collision Fatalities” Electrification solutions toward Carbon Neutrality TORRANCE, Calif., Sept. 12, 2022 /PRNewswire/ — Honda Motor Co., Ltd. will showcase its latest initiatives to realize carbon neutrality, as well as developments in next-generation driver assist technology, information-communication and control technologies, at the Intelligent Transportation Systems (ITS) World Congress 2022… Continue reading Overview of Honda Exhibits at the 28th ITS World Congress 2022
Driven Brands Announces Secondary Offering of Common Stock
CHARLOTTE, N.C., Sept. 12, 2022 /PRNewswire/ — Driven Brands Holdings Inc. (“Driven Brands” or the “Company”) (NASDAQ: DRVN), announced today that certain of its stockholders that are affiliates of Roark Capital Management, LLC (the “Selling Stockholders”) intend to offer for sale in an underwritten secondary offering of 7,000,000 shares of Driven Brands common stock (the… Continue reading Driven Brands Announces Secondary Offering of Common Stock
Hypothesis Proven: Sustainability is Customer Experience, 11 Page Sustainable Commerce Market Analysis from Former ShipBob Cofounder
AUSTIN, Texas, Sept. 12, 2022 /PRNewswire/ — Manifest, the top sustainable ecommerce fulfillment provider in the US, announced the publication of an 11 page market analysis including carbon footprint measurement from core clients Definite Articles, PiperWai, SUAVS, Thousand Fell, and TopFoxx. This highlights the increasing consumer requirement for direct-to-consumer (DTC) brands to demonstrate a clear pathway… Continue reading Hypothesis Proven: Sustainability is Customer Experience, 11 Page Sustainable Commerce Market Analysis from Former ShipBob Cofounder
Cruise will launch robotaxi services in Phoenix and Austin by the end of the year
Cruise, the autonomous vehicle company owned by General Motors, will launch a robotaxi service in Phoenix, Arizona, and Austin, Texas, before the end of 2022, the company’s CEO said today. The company currently operates a ride-hailing service in only one city, San Francisco, where it received permission to begin charging customers for rides earlier this… Continue reading Cruise will launch robotaxi services in Phoenix and Austin by the end of the year
The 5 best indoor plants for your home office in 2022
Your office space should be a comfortable, organized sanctuary. Whether you work from home or in an office, having a desk plant can bring you joy during long days. Research shows that having plants around the home and office significantly improves people’s moods and reduces the likelihood of stress-related depression. You don’t need a green… Continue reading The 5 best indoor plants for your home office in 2022