Nexgen Power develops second generation Super Junction MOSFETs… Supplying to Chinese battery manufacturers

Nexgen Power has developed a new Super Junction MOSFET. This second generation product is reduced in chip size and has enhanced power performance compared to previous MOSFETs. Next month, Nexgen Power will produce the second generation Super Junction MOSFET, and supply the product to the world’s largest battery manufacturers in the fourth quarter. It plans… Continue reading Nexgen Power develops second generation Super Junction MOSFETs… Supplying to Chinese battery manufacturers

Luxury Cars Market Size to Grow by USD 78.32 billion, 37% of Market Growth to Originate from APAC – Technavio

NEW YORK, July 27, 2022 /PRNewswire/ — The luxury cars market is fragmented, and the vendors are deploying growth strategies such as increasing their production capacity by opening new manufacturing plants or expanding existing plants to compete in the market. The market size is expected to grow by USD 78.32 bn between 2021 and 2026.… Continue reading Luxury Cars Market Size to Grow by USD 78.32 billion, 37% of Market Growth to Originate from APAC – Technavio

Ford triples adjusted earnings in second quarter, reports $3.7B

Ford Motor Co. on Wednesday reported second-quarter adjusted earnings of $3.7 billion — more than triple that of the same period a year ago, when the company had a gain of $1.1 billion. The company saw a net income of $667 million compared with a $561 million net income for the same time period in 2021. Ford reported revenue of $40.2 billion compared with… Continue reading Ford triples adjusted earnings in second quarter, reports $3.7B

My only advice about the 2022 CT5-V Blackwing is get one while you can

The gasoline era of Cadillac performance vehicles is going out with a roar, not a whimper. Oh sure, soon there will be incredibly fast, exciting electric Cadillacs. The performance numbers of the 1,000-horsepower GMC Hummer EVs leave no doubt about that. Their day will come. But today belongs to the 2022 Cadillac CT5-V Blackwing, arguably the… Continue reading My only advice about the 2022 CT5-V Blackwing is get one while you can

Apple hires Lamborghini executive to help steer EV program

Apple has hired a 20-year veteran of supercar maker Lamborghini to work on the tech company’s not-so-secret electric autonomous vehicle program, according to a report by Bloomberg. The executive, Luigi Taraborrelli, appears to have left Lamborghini in May 2022, according to his LinkedIn profile. Taraborrelli has worked at Lamborghini for nearly 21 years, mostly recently… Continue reading Apple hires Lamborghini executive to help steer EV program

Rivian begins laying off 6% of workforce

Rivian has started laying off about 6% of its workforce as part of a restructuring plan, according to an internal email from founder and CEO RJ Scaringe. The companywide email, which was sent out Wednesday and viewed by TechCrunch, alerted all employees that those affected would receive an email invite from their manager with more… Continue reading Rivian begins laying off 6% of workforce

Honda teases the design process of the Prologue EV before it launches in 2024 [video]

Honda still has a long way to go in electrification, but it’s on its way… slowly but surely. After teasing a sketch of its upcoming Honda Prologue electric SUV co-developed with GM earlier this year, the Japanese automaker has shared new video footage documenting the design process, teasing new EV angles not seen before. Honda… Continue reading Honda teases the design process of the Prologue EV before it launches in 2024 [video]

GM and LG to build 3 US EV battery factories with a $2.5B DOE loan

The US Department of Energy (DOE) has announced a conditional loan of $2.5 billion for Ultium Cells, a joint venture of General Motors (GM) and battery manufacturer LG Energy Solution, to help finance EV lithium-ion battery cell factories in three states. The loan is intended to support the expansion of electric vehicle deployment in the US.… Continue reading GM and LG to build 3 US EV battery factories with a $2.5B DOE loan

Tesla has a new product called ‘Virtual Machine Mode’ coming to its ‘Big Battery’

Tesla has a new product called “Virtual Machine Mode,” and it is being deployed at its energy storage project in South Australia, nicknamed “Tesla Big Battery,” in partnership with France’s Neoen. Over the last few years, Tesla has put a lot of effort into developing software products to take better advantage of its rapidly growing… Continue reading Tesla has a new product called ‘Virtual Machine Mode’ coming to its ‘Big Battery’

Tesla finally puts an end to its unlimited ‘Standard Connectivity’ with now 8-year limit

Tesla has finally put an end to its unlimited “Standard Connectivity” internet connection included in all Tesla vehicles with now a new generous eight-year time limit. Connectivity has been a flagship feature of Tesla’s offering in the auto industry. It enables several fun and useful features for customers and has also been used by Tesla… Continue reading Tesla finally puts an end to its unlimited ‘Standard Connectivity’ with now 8-year limit