Magna International Inc. expects that by 2023 half of the vehicles it builds will be electric as startup EV companies launch new models and established automakers set aggressive electrification targets. Magna CEO Swamy Kotagiri, who succeeded l...
Just like in professional motorsports, he said, the sponsors will be part of the car’s design and part of the scholarship names. He said donations go to the Texas A&M Foundation and are then routed to the team. The team is providing free s...
Tesla Inc. (NASDAQ: TSLA) has privately admitted that CEO Elon Musk has been overstating the capability of the electric vehicle maker’s self-driving technology. The memo was released by the transparency website PlainSite, which received the doc...
Vietnam’s largest conglomerate Vingroup is putting a halt to its smartphone production after announcing plans to enter the electric vehicle market in the US. The unit will produce electronic components, battery cells, and electric motors, as we...
USN personnel conduct a Knifefish UUV test. (Photo: USN/Mass Communication Specialist 1st Class Brian M Brooks)Five Knifefish UUVs will be retrofitted under a new deal for General Dynamics from the USN. General Dynamics Mission Systems is retro...
The rapid advancement of driving automation seems to have caused a lot of misunderstanding on what really makes an autonomous vehicle. For this reason, the engineering group SAE International in collaboration with ISO standards have updated the...
The Apple Maven discusses top three reasons why an investor might want to own Apple stock with confidence at current levels. As $AAPL climbs past $130 per share once again, after quite a bit of post-earnings softness, the question lingers: is n...
A link to a video of Plus’s autonomous driving solution and other additional materials can be found on its investor relations page at www.plus.ai/investors . Hennessy Capital Investment Corp. V was founded by Daniel J. Hennessy to pursue an ini...