New Tesla accident with activated autopilot

A fatal accident earlier this year in which a Tesla crashed into a fire truck involved the vehicle’s driver assistance system, the company disclosed to regulators. The accident killed 31-year-old Genesis Mendoza-Martinez of Pittsburgh. Tesla revealed details of the Walnut Creek accident involving the Tesla Model S. The accident happened on February 18. The incident… Continue reading New Tesla accident with activated autopilot

Unagi secures Best Buy as e-scooter subscription partner

E-scooter manufacturer Unagi has had a busy month. Just a couple weeks after bringing its Model One Voyager scooter to market, the company says it closed a large funding round and secured Best Buy as a scooter subscription partner. The $29.3 million round is a combination of equity and debt. The $17.3 million in equity… Continue reading Unagi secures Best Buy as e-scooter subscription partner

Extreme heat scorches Asia, affecting at least a third of the world’s population

/ Heat records have fallen across the continent this month. On April 16th, 2023, people gather to attend an award ceremony on the outskirts of Mumbai, India. Heatstroke killed more than a dozen people as early summer temperatures soared.Photo by AFP via Getty Images Record-shattering heat is cooking much of Asia. Brutal temperatures have been recorded… Continue reading Extreme heat scorches Asia, affecting at least a third of the world’s population

Lockheed Martin’s First LM 400 Multi-Mission Space Vehicle Completes Demanding Testing Milestone

DENVER, April 19, 2023 /PRNewswire/ — The first Lockheed Martin (NYSE: LMT) LM 400, a versatile, mid-sized satellite which can be adapted for military, civil or commercial uses, has successfully completed Electromagnetic Interference/Electromagnetic Compatibility testing. This trial is crucial to ensure that signals from the satellite bus components will not interfere with critical payloads during… Continue reading Lockheed Martin’s First LM 400 Multi-Mission Space Vehicle Completes Demanding Testing Milestone

Tesla cuts prices for Model 3, Model Y on eve of Q1 earnings

Tesla has cut the price of its Model 3 and Model Y electric vehicles for the second time this month. Now, Tesla’s most popular models will start under $40,000 before incentives. The price slash come on the eve of Tesla’s first quarter earnings report, when investors will be watching out for the automaker’s margins after… Continue reading Tesla cuts prices for Model 3, Model Y on eve of Q1 earnings

EU lawmakers adopt vast carbon market reform

The carbon tax is to start out in pilot form in October this year before being broadened between 2026 and 2034 as emission quotas for European industrials are phased out. The European Parliament adopted sweeping climate measures on Tuesday aimed at massively cutting EU greenhouse emissions, and including the introduction of a carbon border tax… Continue reading EU lawmakers adopt vast carbon market reform

Robo Taxis Global Market Report 2023: Market to Grow at a Staggering CAGR of 58.6% to Reach $17.84 Billion by 2027

DUBLIN, April 18, 2023 /PRNewswire/ — The “Robo Taxis Global Market Report 2023” report has been added to  ResearchAndMarkets.com’s offering. The global robo taxis market grew from $1.73 billion in 2022 to $2.82 billion in 2023 at a compound annual growth rate (CAGR) of 63.2%. The robo taxis market is expected to grow to $17.84 billion… Continue reading Robo Taxis Global Market Report 2023: Market to Grow at a Staggering CAGR of 58.6% to Reach $17.84 Billion by 2027

Global Fleet Management Systems Strategic Business Report 2023: Market to Reach $71.7 Billion by 2030 – Companies Move to Digital Transformation of Fleet Management Solutions to Gain Competitive Edge

DUBLIN, April 18, 2023 /PRNewswire/ — The “Fleet Management Systems: Global Strategic Business Report” report has been added to  ResearchAndMarkets.com’s offering. Global Fleet Management Systems Market to Reach $71.7 Billion by 2030 The global market for Fleet Management Systems estimated at US$21.5 Billion in the year 2022, is projected to reach a revised size of… Continue reading Global Fleet Management Systems Strategic Business Report 2023: Market to Reach $71.7 Billion by 2030 – Companies Move to Digital Transformation of Fleet Management Solutions to Gain Competitive Edge

Aircraft electrification market size to grow by USD 6,170.74 million from 2022 to 2027; Growth driven by technological advancements – Technavio

NEW YORK, April 18, 2023 /PRNewswire/ — The aircraft electrification market size is estimated to increase by USD 6,170.74 million between 2022 and 2027. The market’s growth momentum will be progressing at a CAGR of 13.94%. The market is driven by technological advancements. Factors such as the advances in electric motor technology have enabled the development… Continue reading Aircraft electrification market size to grow by USD 6,170.74 million from 2022 to 2027; Growth driven by technological advancements – Technavio

Nio says it won’t join the ‘price war’ and slash prices like Tesla

New-energy electric vehicles are seen at a Nio store in Shanghai, China, March 19, 2023. Future Publishing | Future Publishing | Getty Images SHANGHAI — Chinese electric car company Nio will keep its prices high rather than cut them, CEO William Li told CNBC in an interview. “For us, we will certainly not join the… Continue reading Nio says it won’t join the ‘price war’ and slash prices like Tesla