Socar, South Korea’s largest car-sharing startup, tumbled in its Seoul stock market debut Monday even after pricing shares below the bottom end of a marketed range. Shares of Socar rose 1.25% from its IPO price of 28,000 won ($21.10) in the initial minutes of the debut, before tumbling to 26,300 won and giving the firm… Continue reading SoftBank-backed Socar, South Korea’s largest car-sharing startup, tumbles on market debut
Tag: Mobility
Human drivers in UK won’t be liable for accidents when vehicle is self-driving
Manufacturers operating self-driving vehicles in the UK will be liable for a vehicle’s actions when in autonomous mode, according to the country’s new roadmap to achieve a widespread rollout of self-driving vehicles by 2025. The British government unveiled the roadmap over the weekend, announcing $119 million in funding for AV projects and an additional $41… Continue reading Human drivers in UK won’t be liable for accidents when vehicle is self-driving
Worldwide Electric Two-wheelers Market to Hit USD 100 Billion by 2030: Global Market Insights Inc.
The North America electric two-wheelers market is anticipated to reach USD 6 billion by 2030 owing to increased adoption of electric micro-mobility solutions and rising concerns about environmental sustainability. SELBYVILLE, Del., Aug. 22, 2022 /PRNewswire/ — The electric two-wheelers market is expected to record a valuation of USD 100 billion by 2030, according to the… Continue reading Worldwide Electric Two-wheelers Market to Hit USD 100 Billion by 2030: Global Market Insights Inc.
What next for VW as Elon Musk’s ‘frenemy’ Herbert Diess is ousted? – The Times
Herbert Diess looked every inch the modern, global auto titan. His private jet hissed to a halt after landing on the Greek island of Astypalaia and the Volkswagen boss stepped off to be greeted by Kyriakos Mitsotakis, the Greek prime minister. The two men were there last summer to unveil the world’s first (nearly) carbon-neutral… Continue reading What next for VW as Elon Musk’s ‘frenemy’ Herbert Diess is ousted? – The Times
Tesla FSD 10.69 update rolls out with $15k price hike, but is it worth it?
Tesla’s “Full Self-Driving” software, which currently costs $12k, will get a $3k price hike to $15k on September 5th in North America, coinciding with the wide release of the 10.69.2 Beta update. The early release version has just started rolling out to beta testers, and results are coming in to give us a sense of… Continue reading Tesla FSD 10.69 update rolls out with $15k price hike, but is it worth it?
YouTube isn’t cool with videos of Tesla FSD beta testing on kids
YouTube removed two videos from its platform showing Tesla drivers using their own children to conduct vehicle safety tests. The tests were meant to prove that Tesla’s Autopilot and “full self-driving” (FSD) beta software — the automaker’s advanced driver assistance systems which have automated driving features but do not enable the cars to drive themselves… Continue reading YouTube isn’t cool with videos of Tesla FSD beta testing on kids
China’s cyber agency tries to mitigate concerns of internet firmsWhile regulators have not announced new rules this year at the pace they did last yea…
China’s cyberspace watchdog wants to build an “affectionate” relationship between internet enterprises and the government, a senior official said, the latest verbal assurance to an industry still on edge after a long and bruising regulatory crackdown. Niu Yibing, vice minister of the Cyberspace Administration of China (CAC), told a news conference on Friday the agency was supportive… Continue reading China’s cyber agency tries to mitigate concerns of internet firmsWhile regulators have not announced new rules this year at the pace they did last yea…
Tesla increases FSD beta cost to $15,000 in North America
Tesla will increase the price of its “full self-driving” beta software, the automaker’s advanced driver assistance system (ADAS), in North America to $15,000 on September 5, CEO Elon Musk tweeted Sunday. The celebrity executive said the current price of $12,000 will be honored for orders made before September 5, but delivered later. Musk also tweeted… Continue reading Tesla increases FSD beta cost to $15,000 in North America
At Long Last, Mathematical Proof That Black Holes Are Stable
In 1963, the mathematician Roy Kerr found a solution to Einstein’s equations that precisely described the spacetime outside what we now call a rotating black hole. (The term wouldn’t be coined for a few more years.) In the nearly six decades since his achievement, researchers have tried to show that these so-called Kerr black holes… Continue reading At Long Last, Mathematical Proof That Black Holes Are Stable
Tesla’s Full-Self Driving software is going up in price again
Tesla’s increasing the price of its Full-Self Driving (FSD) software to $15,000. In a post on Twitter, Tesla CEO Elon Musk announced that the new price will go into effect in North America starting September 5th, representing a $3,000 jump. Drivers who order a vehicle before September 5th won’t have to pay the newly-increased price,… Continue reading Tesla’s Full-Self Driving software is going up in price again