Data Center revenue of $3.83 billion, up 31% from a year ago Quarterly return to shareholders of $3.75 billion NVIDIA (NASDAQ: NVDA) today reported revenue for the third quarter ended October 30, 2022, of $5.93 billion, down 17% from a year ago and down 12% from the previous quarter. GAAP earnings per diluted share for… Continue reading NVIDIA Announces Financial Results for Third Quarter Fiscal 2023
Category: Automotive
Toyota shows new Prius hybrid with more power, range, style
Tokyo — The new Toyota gas-electric Prius hybrid not only comes with more power, acceleration and driving range. It’s also more stylish, scrapping the rather stodgy angular body for a sleekly futuristic look. Simon Humphries, senior general manager of Global Toyota design who unveiled the car in Tokyo on Wednesday, stressed that the company was… Continue reading Toyota shows new Prius hybrid with more power, range, style
Energy Department awards $74M for battery recycling, reuse
Washington — The Energy Department on Wednesday awarded nearly $74 million from the bipartisan infrastructure law for 10 projects to advance recycling and reuse of batteries for electric vehicles and other purposes. The funding will go to academic and commercial applicants in seven states, including four in California. Other grant winners are in Michigan, Nevada,… Continue reading Energy Department awards $74M for battery recycling, reuse
Report: Michigan must boost investments, grow workforce to lead in mobility
Michigan must support new ways to expand its mobility workforce, invest in rapid transit and put in place a state-level consumer incentive for electric vehicles to bolster its position as a transportation leader. Those are just a few of the 16 policy recommendations included in the Michigan Council on Future Mobility and Electrification’s latest annual… Continue reading Report: Michigan must boost investments, grow workforce to lead in mobility
LA Auto Show preview: EVs, startups, mandates and off-road Porsches
This content is only available to subscribers. Get unlimited digital access. $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading LA Auto Show preview: EVs, startups, mandates and off-road Porsches
Tesla tells US of new fatal crashes involving automated driving
This content is only available to subscribers. Get unlimited digital access. $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Tesla tells US of new fatal crashes involving automated driving
Dealers report consumers increasingly cautious about buying cars
A third of Brits (32%) are planning to hold on to their current vehicle for longer than planned because of the cost-of-living crisis. Research from Close Brothers Motor Finance found that 11% of drivers opted to buy a cheaper car. Nearly all dealers (88%) believe that the cost of living crisis has influenced consumers to… Continue reading Dealers report consumers increasingly cautious about buying cars
ICDP advises dealers to push back hard on agency concerns now
Automotive consultancy ICDP boss Steve Young has advised dealers to ‘push back hard’ now on areas of concern with the agency model being introduced by carmakers. Young said that unless carmakers and dealers can sort out the detail on agency it will result in an ‘unholy mess.” Young, speaking at the Motor Trader EV Summit… Continue reading ICDP advises dealers to push back hard on agency concerns now
Yutong Ready to Support World’s Top Football Event in Qatar
DOHA, Qatar, Nov. 16, 2022 /PRNewswire/ — Yutong Bus (“the Company”), a leading global manufacturer of electric buses, has revealed details of its one-stop transportation solution for the upcoming spectacle of football taking place in Qatar, in conjunction with the event’s official transport provider, Mowasalat. Continue Reading 1 Picture2 Picture1 1,500 Yutong buses will serve the Middle… Continue reading Yutong Ready to Support World’s Top Football Event in Qatar
Metaverse Market to grow by USD 188.24 Billion, Increasing demand for AR and VR technology to boost market growth – Technavio
NEW YORK, Nov. 16, 2022 /PRNewswire/ — The metaverse market in the travel and tourism industry size is set to grow by USD 188.24 billion from 2021 to 2026 at a CAGR of 26.01%, according to Technavio. 37% of the growth will originate from North America. The market is fragmented, and the degree of fragmentation will accelerate during the… Continue reading Metaverse Market to grow by USD 188.24 Billion, Increasing demand for AR and VR technology to boost market growth – Technavio