A fleet operator might spend about $300,000 to own and operate a diesel truck over 20 years, but the cost of owning an electric truck may be less than half that, according to Workhorse. Between its founding in 2007 and 2019 Workhorse delivered 365 vehicles, mostly diesel trucks retrofitted to operate on batteries. Some were… Continue reading For Companies Like Workhorse, A Race to Be the Tesla of Delivery Vehicles
Category: Automotive
Kargo raises $6M to smarten up loading docks for the coming wave of autonomy
When Sam Lurye looks at a loading dock he sees both a bottleneck in the world’s supply chain and an opportunity. The opportunity — driven by a tension between the digital and physical infrastructure at warehouse distribution centers and factories today and the push toward autonomy — prompted Lurye to found Kargo, a smart loading… Continue reading Kargo raises $6M to smarten up loading docks for the coming wave of autonomy
Navistar Acquires Second Property In San Antonio Ahead Of Plant Launch In 2022
The expansion in Texas is part of Navistar 4.0, the company’s enterprise-wide growth strategy. Navistar’s under-construction 900,000-square-foot plant in San Antonio will produce Class 6-8 vehicles, including new electric-powered trucks. The additional property will bring resources closer to manufacturing operations. “We’re increasing our investment in San Antonio because local and state leaders have created a business… Continue reading Navistar Acquires Second Property In San Antonio Ahead Of Plant Launch In 2022
GreenPower Reports Fiscal Third Quarter 2021 Financial Results
VANCOUVER, B.C., Feb. 11, 2021 /PRNewswire/ — GreenPower Motor Company Inc. (Nasdaq:GP) (TSXV:GPV) (“GreenPower”), a leading manufacturer and distributor of zero emission electric powered vehicles serving the cargo and delivery, shuttle, transit and school bus markets, today announced financial results for its fiscal third quarter ended December 31, 2020. Highlights of the third quarter: delivered 17… Continue reading GreenPower Reports Fiscal Third Quarter 2021 Financial Results
The most expensive electric vehicles money can buy
Electric vehicles are booming. Shortened supply chains, making parts in-house, and advanced battery technologies have significantly helped manufacturers lower the costs of their electric vehicles. Consumers may soon see multiple EVs for sale under $30,000, which is exciting. But let’s forget about all of that promise right now, and visit the other end of the… Continue reading The most expensive electric vehicles money can buy
Elon Musk asked Biden administration to implement a carbon tax
Elon Musk, CEO of Tesla and SpaceX, revealed that he approached the Biden administration about implementing a carbon tax, and it didn’t sound like they were really receptive. Carbon tax The idea of a carbon tax is simply to impose a fee on emitting carbon. It can be implemented in many different ways, including as… Continue reading Elon Musk asked Biden administration to implement a carbon tax
Tesla releases new software update with TikTok app integration and more
Tesla has released a new software update in China that includes the integration of the TikTok app integration, as well as a few more features. Tesla New Year Update Tesla has a tradition to release new software updates for the holidays, which the automaker did again in December in most markets. Now, it is following… Continue reading Tesla releases new software update with TikTok app integration and more
Tesla connectors coming to over 600 EVgo electric vehicle charging stations
EVgo announced today that it is expanding its integration of Tesla connectors at charging stations in the US. It will give more charging options to Tesla owners. Tesla Connector In the US, unlike most other electric automakers using the CCS or CHAdeMO standards, Tesla is using its own proprietary connector, and it has yet to… Continue reading Tesla connectors coming to over 600 EVgo electric vehicle charging stations
A Capital Calculator: Upstart Credits AI with Advancing Loans
With two early hits and the promise of more to come, it feels like a whole new ballgame in lending for Grant Schneider. The AI models he helped create as vice president of machine learning for Upstart are approving more personal loans at lower interest rates than the rules traditional banks use to gauge credit… Continue reading A Capital Calculator: Upstart Credits AI with Advancing Loans
Fetching AI Data: Researchers Get Leg Up on Teaching Dogs New Tricks with NVIDIA Jetson
AI is going to the dogs. Literally. Colorado State University researchers Jason Stock and Tom Cavey have published a paper on an AI system to recognize and reward dogs for responding to commands. The graduate students in computer science trained image classification networks to determine whether a dog is sitting, standing or lying. If a… Continue reading Fetching AI Data: Researchers Get Leg Up on Teaching Dogs New Tricks with NVIDIA Jetson