General Motors (GM) Cruise to Offer Robotaxis in Arizona, Texas

In a notable development, General Motors GM-owned autonomous self-driving technology unit, Cruise, announced that it intends to expand its driverless ride service to Phoenix, ARI, and Austin, TX, in the next three months. The company noted that its operations in Arizona and Texas will initially be on a small scale but aims to churn out… Continue reading General Motors (GM) Cruise to Offer Robotaxis in Arizona, Texas

Stellantis (STLA) Strikes Deal to Address UAW Members’ Concerns

Stellantis N.V. STLA announced that United Auto Worker union members who had gone on strike on Sep 10 at its casting plant in Indiana are rejoining work after a ratifying deal was made between the parties. The sprawling plant in Kokomo, IN, is known to be the world’s largest die-cast facility, per Stellantis’ website. It… Continue reading Stellantis (STLA) Strikes Deal to Address UAW Members’ Concerns

Vote to expand Tesla’s Berlin gigafactory delayed indefinitely

The municipal council of Grünheide in the district of Brandenburg, Germany, has indefinitely delayed the vote on the planned expansion of Tesla’s Berlin gigafactory, according to a report from local broadcaster RBB. Tesla wants to expand its nearly 750-acre factory site by another 250 acres to build a freight depot, among other factory parts. The… Continue reading Vote to expand Tesla’s Berlin gigafactory delayed indefinitely

Tesla Stock Vs. BYD Stock: TSLA Reverses Below Key Support; EV Rival Sets Huge 2023 Goal

Motley Fool Why Cloud Stocks Were Down Today Cloud software stocks, including Okta (NASDAQ: OKTA), Zoom Video Communications (NASDAQ: ZM), and Appian (NASDAQ: APPN), were falling today after August’s inflation reading came in hotter than expected. The inflation report makes it more likely that the Federal Reserve will raise interest rates by 75 basis points at its meeting next week,… Continue reading Tesla Stock Vs. BYD Stock: TSLA Reverses Below Key Support; EV Rival Sets Huge 2023 Goal

American Battery Solutions Acquires the Entire IP Portfolio Developed by Battery Systems Innovator, Tiveni Inc.

Strengthens ABS IP position in cylindrical cell modules, BMS designs, and manufacturing processes LAKE ORION, Mich., Sept. 14, 2022 /PRNewswire/ — American Battery Solutions, Inc. (“ABS”), a leading developer and manufacturer of advanced battery systems for electrified mobility, announced today that it has signed a definitive agreement to acquire the complete IP portfolio of Tiveni,… Continue reading American Battery Solutions Acquires the Entire IP Portfolio Developed by Battery Systems Innovator, Tiveni Inc.

Luxury SUV Market — North America to account for 48% global market share

NEW YORK, Sept. 14, 2022 /PRNewswire/ — The “Luxury SUV Market by Type and Geography – Forecast and Analysis 2022-2026” report has been added to Technavio’s offering. According to the report, the market size will increase by 1798.24 thousand units between 2021 and 2026, accelerating at a CAGR of 7.73% during the forecast period. The… Continue reading Luxury SUV Market — North America to account for 48% global market share

Tesla delays Steam integration but still plans full video game library in its electric vehicles

Tesla is now behind schedule on its integration of Steam, the massive video marketplace and library, but it still plans on having the full video game library available in its electric vehicles as CEO Elon Musk is testing it himself. Over the last few years, Tesla has been investing heavily into integrating video games into… Continue reading Tesla delays Steam integration but still plans full video game library in its electric vehicles