Up 29% in June, Nio Stock Looks Ready for a Bull Run

After falling consistently over the past few months, shares of Nio (NYSE: NIO) bounced back swiftly to gain a solid 28.7% in June, according to data provided by S&P Global Market Intelligence. Investors’ expectations for Nio were bleak ahead of its first-quarter report, which it delivered on June 9. Although demand for EVs in its… Continue reading Up 29% in June, Nio Stock Looks Ready for a Bull Run

China’s auto group retracts pledge to avoid ‘abnormal pricing’

[1/5]Cars drive on the road during the evening rush hour in Beijing, China, July 1, 2019. Picture taken July 1, 2019. REUTERS/Jason Lee/File Photo SHANGHAI, July 8 (Reuters) – The China Association of Auto Manufacturers (CAAM), citing antitrust law, on Saturday retracted a pledge to avoid “abnormal pricing” made two days earlier by 16 automakers,… Continue reading China’s auto group retracts pledge to avoid ‘abnormal pricing’

UAV Drones Global Market is Expected to Reach $102.7 Billion by 2030: Security Concerns to Drive Future Military UAV Deployments

DUBLIN, July 7, 2023 /PRNewswire/ — The “UAV Drones: Global Strategic Business Report” report has been added to  ResearchAndMarkets.com’s offering. The global market for UAV Drones estimated at US$33.7 Billion in the year 2022, is projected to reach a revised size of US$102.7 Billion by 2030, growing at a CAGR of 15% over the analysis period 2022-2030.… Continue reading UAV Drones Global Market is Expected to Reach $102.7 Billion by 2030: Security Concerns to Drive Future Military UAV Deployments

The story behind legendary Jeep’s name gives some fans the willies

ST. GEORGE, Utah — “Willis?” “Willie’s?” What’s in a name? People have debated the pronunciation of WWII icon Willys Jeep for decades, but the company that builds its direct descendant, the Jeep Wrangler, says, “Whatever you like. We’re good.” That’s the word from Jim Morrison, head of Jeep North America. I asked just after he showed… Continue reading The story behind legendary Jeep’s name gives some fans the willies

24 Hours of Le Mans: 100 Years of Endurance and Innovation

This year marks the 100th anniversary of the 24 Hours of Le Mans, which was first held in May 1923 to help spur innovation in the growing automotive industry by emphasizing not just speed, but also efficiency, reliability and endurance. “It is a very demanding race, and the greatest race,” said Tom Kristensen, who has… Continue reading 24 Hours of Le Mans: 100 Years of Endurance and Innovation

Guy Who Tried to Kill the Queen of England Was Encouraged by AI Chatbot

An AI chatbot was just connected to a home-cooked, “Star Wars”-inspired assassination attempt of the late Queen of England. Yes, you read that right. As The Independent reports, the sentencing for Jaswant Singh Chail, a 21-year-old who, back in 2021, attempted to assassinate the queen on Christmas Day, is officially underway. Per the report, prosecutors… Continue reading Guy Who Tried to Kill the Queen of England Was Encouraged by AI Chatbot

Hyundai Rotem Committed to Fostering Talent in Polish Defense Industry

50 Polish M.S. and Ph.D students will receive education at KAIST for 6 years until 2030 by sponsoring of Hyundai Rotem Expanding Poland-Korea people-to-people exchange to build trust that contribute to cooperation in defense industry of each country SEOUL, South Korea, July 5, 2023 /PRNewswire/ — Hyundai Rotem Company announced on July 5 that it has signed… Continue reading Hyundai Rotem Committed to Fostering Talent in Polish Defense Industry

Outsmarting the robotic taxis with cones | Cone Campaign

A decentralized group of safe streets activists in San Francisco has found they can disable Cruise and Waymo robo-taxis by placing cones on a vehicle’s hood. They ask people to do the same. It is the so-called “Cone Campaign”. The group, which has dubbed this now-viral prank on Twitter and TikTok “cone week,” is protesting… Continue reading Outsmarting the robotic taxis with cones | Cone Campaign

Hyundai Rotem Committed to Fostering Talent in Polish Defense Industry

50 Polish M.S. and Ph.D students will receive education at KAIST for 6 years until 2030 by sponsoring of Hyundai Rotem Expanding Poland-Korea people-to-people exchange to build trust that contribute to cooperation in defense industry of each country SEOUL, South Korea, July 5, 2023 /PRNewswire/ — Hyundai Rotem Company announced on July 5 that it has signed… Continue reading Hyundai Rotem Committed to Fostering Talent in Polish Defense Industry

Telegram has become a window into war

The messaging app has become a key channel for news about the Russian invasion of Ukraine. But the government’s relationship with it is complicated. By Masha Borak Share this story Illustration by Alex Castro / The Verge As Yevgeny Prigozhin, the leader of the Wagner Group, was marching toward Moscow in late June, all eyes… Continue reading Telegram has become a window into war