Fed officials have entered a blackout period, during which they usually do not make public comments, until the policy decision outcome on Sept. 20. Wall Street stocks rose on Monday, with the Nasdaq jumping over 1% as Tesla surged on optimism around artificial intelligence and investors awaited inflation data due later this week. Tesla rallied…
Tesla leans heavily on China for its energy storage needs, a new report indicated. Nearly 40 percent of the 61 companies Tesla sources its lithium-ion battery materials from are Chinese, the analysis found. Japanese publication Nikkei released the report yesterday, with inputs from Tokyo-based AI technology company Fronteo. The latter harnessed machine-learning algorithms to dissect…
Imagine waking up one day and finding out that your bank account is drained, your social media accounts are hacked, and your identity is stolen. This is not a nightmare but a reality for millions of Americans who have fallen victim to hackers who steal their private data and use it for malicious purposes. Hackers…
Verkor has already raised around 350 million euros, mainly for a new innovation centre, a pilot production line already in operation and a “battery school” to train future employees. Verkor should complete the first tranche of fundraising for its future battery gigafactory in Dunkirk, France, in the coming weeks, co-founder and chief customer officer Philippe…
Hyundai Motor Group (Hyundai, Kia, and Genesis) takes DC fast charger production in-house, instead of relying solely on external suppliers. According to KED Global, the group’s subsidiary Hyundai Kefico Corp., engaged mainly in engine and transmission parts-making, is close to launching its own ultra-fast chargers, with a power output of up to 350 kilowatts. The…
Washington — Most octopuses lead solitary lives. So scientists were startled to find thousands of them huddled together, protecting their eggs at the bottom of the ocean off the central California coast. Now researchers may have solved the mystery of why these pearl octopuses congregate: Heat seeping up from the base of an extinct underwater…
Alpine, the French car maker that made a name for itself in the 1970s for building light and nimble Renault-based sports cars, is preparing an all-electric four-seat coupe that will resurrect the A310 name last used in the 1980s. This isn’t exactly breaking news, as we’ve known about Alpine’s plans to launch a seven-strong lineup…
After the software update in July 2018, Tesla released a new feature called Tesla Cabin Overheat Protection. It helps to keep the inside of the car cool and stop it from getting too hot. You can turn it on for only 12 hours, and it takes about 15 extra minutes to start working. If you’re…
For the first time in nearly half a century, Russia has launched a spacecraft that is headed to the moon. On Friday morning at a spaceport in the far eastern part of Russia, a rocket lifted Luna-25, a robotic lander of moderate size, to Earth orbit. It will try to land in the moon’s south…
Major automakers are racing each other to deploy technology that allows motorists to take their hands off the wheel under certain conditions. The U.S. auto safety regulator investigating Tesla’s Autopilot driver assistance system is demanding an explanation for a software change that allows drivers to keep their hands off the wheel for longer, risking collisions,…
