Fitting with its now-delisted stock symbol ticker $RIDE, Lordstown Motors Corp. has been in for a rough ride. After building a mere three trucks in 2022, Lordstown’s fate was quickly encroaching. In June 2023, Lordstown Motors filed for Chapter 11 bankruptcy. Following its bankruptcy, the EV pickup manufacturer had to pay Karma Automotive $40 million…
We’ve all felt it: At first comes the trickle, and then the flood. It’s embarrassed us, and even torpedoed a presidential campaign. But when was the last time you were grateful for … sweat? Many are actually squeamish about sweat. Perhaps, said science writer Sarah Everts, because sweating is utterly out of our control. “Think…
Kia plans to use recycled plastic from a 55-ton haul recently reclaimed from the Pacific Ocean in its new EV models. The record-breaking amount of plastic reclaimed by Kia’s global partner, The Ocean Cleanup, marks the next phase in a seven-year global partnership agreed in April 2022 as part of Kia’s transformation into a leading…
Japanese automakers Honda and Mitsubishi announced the signing of a memorandum of understanding (MoU) to begin discussions toward the creation of new businesses with an aim of leveraging the strengths of both companies to build sustainable business models in light of anticipated growth in the electric vehicle market. The two companies will explore the possibility…
Velocity EV, a part of the Velocity Vehicle Group, exclusively distributes RIZON trucks. Velocity Vehicle Group, an established name in the commercial vehicle industry with around 80 global outlets, will appoint additional RIZON dealers to create a seamless network across the United States. Daimler Truck AG‘s latest brand, RIZON, offering all-electric class 4 and 5…
Facing issue as the Powerwall seems to not charge properly no matter how long you recharge it. This is a common problem that a lot of folks meet when using the unit. Well, there are a couple of reasons why Tesla Powerwall not charging. Like, improper wiring in the unit, high volts entering the unit,…
E-rickshaws to replace diesel autos in Amritsar. The streets of the holy city of Amritsar will exclusively witness the operation of e-rickshaws from September, this year as the government has implemented the Rahi Yojana under the Amritsar Smart City project. This initiative aims to promote e-rickshaws and to make the city pollution-free. Commissioner of Amritsar…
Vattenfall stops work on the Norfolk Boreas offshore wind farm over soaring costs. Source link
Digital twins, like CAD designs and process models, play a vital role in optimizing processes, reducing waste, and accelerating time-to-market. Edited excerpts: Q: Where do you think India lags in digital, smart manufacturing compared to large global manufacturing companies?I want to emphasize the game-changing impact of digital technology on the Indian economy, particularly in manufacturing…
Stefan Hartung, Chairman of Bosch Stuttgart-Feuerbach, (Germany): The economy of the ‘Factory of the World’, China, is slowing down. Europe and the US are grappling with economic uncertainty. Amid such an economic scenario, India is attracting more bets for growth, Including from the EUR 88.2-billion technology and services company Bosch. “I’m pretty optimistic that India…
