Tag: Mobility

How Luminar’s doomed Volvo deal helped drag the company into bankruptcy

In early 2023, Luminar was riding high. After going public during the pandemic and scoring a key deal with Volvo, the company had added Mercedes-Benz and Polestar as customers of its “lifesaving” lidar sensors. Founder and CEO Austin Russell called it an “inflection point,” as Luminar prepped to have those sensors integrated into the first… Continue reading How Luminar’s doomed Volvo deal helped drag the company into bankruptcy

Tesla stock closes at record as investors rally around Musk’s robotaxi hype despite slow EV sales

Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters What started off as a particularly rough year for Tesla investors is turning into quite the celebration. Following a 36% plunge in the first quarter, the stock’s worst period since 2022, Tesla shares have… Continue reading Tesla stock closes at record as investors rally around Musk’s robotaxi hype despite slow EV sales

Robotaxis in 2025: Waymo plots global expansion as Zoox, Tesla roll to the starting line

watch now Robotaxis felt like science fiction just a decade ago, but this year, autonomous vehicles became a commonplace option for paying passengers across big cities in the U.S. and parts of Asia. Alphabet-owned Waymo kept expanding and dominates the robotaxi market in the U.S., though rivals Tesla and Amazon-owned Zoox also launched the first… Continue reading Robotaxis in 2025: Waymo plots global expansion as Zoox, Tesla roll to the starting line

@VW Group: Continuity as a principle: The philosophy of Ferdinand Porsche011107

The Porsche story was electric from the very beginning. Around the turn of the twentieth century, Ferdinand Porsche built his first electric and hybrid vehicles. Today – 150 years after the birth of the company founder on September 3, 1875 – this story is more alive than ever: with a trio of efficient combustion engines,… Continue reading @VW Group: Continuity as a principle: The philosophy of Ferdinand Porsche011107

@VW Group: Porsche creates global opportunities for young professionals011106

Theresa, what makes sustainability especially important to you? Theresa Boyle: For me, sustainability means taking responsibility – for the environment, society, and especially for leaving our children a fair, intact world. Personally, the social dimension of sustainability is particularly important to me. This includes topics like equal opportunities, participation, and inclusion. When we think about… Continue reading @VW Group: Porsche creates global opportunities for young professionals011106

German FAZ: Which electric cars Ford wants to rely on now010352

Ford is significantly scaling back its ambitions in the electric car business. The American car manufacturer has now announced a radical change in strategy and will record a huge special expense of $19.5 billion in this context. A large part of this is due to depreciation in its electric car division. Amid weakening demand, the… Continue reading German FAZ: Which electric cars Ford wants to rely on now010352

Leona Health Launches the World’s First AI Co‑Pilot for Doctors through WhatsApp

 Backed by $14M in seed funding led by Andreessen Horowitz, and pre-seed funding led by General Catalyst with participation from Accel, Leona Health is building a new healthcare operating system – starting in Latin America, and building for the world – that empowers doctors with more time to deliver patient care SAN FRANCISCO and MEXICO… Continue reading Leona Health Launches the World’s First AI Co‑Pilot for Doctors through WhatsApp

CARFAX: Odometer Rollbacks See Dramatic Jump of 14% to 2.45 Million Vehicles

“Odometer rollbacks occur when someone alters the mileage stored in a vehicle’s electronic systems to make it appear less driven,” said Faisal Hasan, Vice President of Data Acquisition at CARFAX. “As modern vehicles have transitioned from mechanical to digital odometers, tampering has unfortunately become more common due to the wider availability of inexpensive tools. At… Continue reading CARFAX: Odometer Rollbacks See Dramatic Jump of 14% to 2.45 Million Vehicles

Kongsberg Automotive presents long-term EBIT target following strategy review at Capital Markets Day

Kongsberg, December 16, 2025: Kongsberg Automotive ASA (KA) has conducted a review of its strategy and presents an updated long-term target at its Capital Markets Day (CMD) today. The company has set a long-term EBIT target of 6.5%, based on the current revenue level and identified improvement initiatives. The company has implemented significant organizational and… Continue reading Kongsberg Automotive presents long-term EBIT target following strategy review at Capital Markets Day