Technology

Reuters

Nov 20, 2022, 12:16 AM

U.S. Autonomous Delivery Vehicle Startup Nuro Cuts Staff By 20%

Autonomous delivery vehicle maker Nuro is laying off about 20% of its workforce after admitting that rapid hiring in the past year was a mistake.

1 Min

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  Sahil Gupta | Nov 19, 2022

  Ron Baron Says Tesla Will Be Largest And Most Profitable Company In The World

  The Baron Partner Fund is $6 billion into Tesla while the Baron Focused Growth Fund has $700 million of Tesla’s shares in its portfolio. This means that Baron is one of the top 20 shareholders of Tesla.

  1 min read
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  Sahil Gupta | Nov 18, 2022

  Hyundai IONIQ 6 Sold Out In 24 Hours

  More than the looks what matters is the range and Hyundai promises 610 km of range with WLTP standard which is in Europe with a 77.4 kWh battery.

  1 min read
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  Sahil Gupta | Nov 18, 2022

  Magna Has Completed Production Of the First Fisker Ocean

  Fisker is also planning to have production facilities in the US with Foxconn, but the first 50,000 units will be made by Magna.

  1 min read
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  Sahil Gupta | Nov 18, 2022

  VinFast VF6 and VF7 Electric SUVs Are Part Of Company's Global Ambitions

  It has delivered the first 100 VF8 models and now the next batch will include a ramp of 5,000 cars which will be shipped to the US, Canada and Europe, starting in November 2022.

  1 min read
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  Sahil Gupta | Nov 18, 2022

  Tesla Semi Truck Delivery Event Announced

  Tesla was to start deliveries of the Semi to Pepsi on December 1.

  1 min read
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  Reuters | Nov 15, 2022

  Stellantis Strikes Deal With Infineon To Secure Silicon Carbide Chips

  According to the agreement, Infineon will reserve production capacity and supply the power semiconductors directly to Stellantis suppliers

  1 min read
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  Sahil Gupta | Nov 15, 2022

  Testing Times For Musk As Shareholder Take Him To Court For $56 Billion Pay Package At Tesla

  This comes at a time when his personal brand and wealth have taken a hit thanks to the way the Twitter acquisition has been handled. And now Musk is on trial for a pay package at Tesla which is more than he paid for Twitter.

  4 mins read
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  Sahil Gupta | Nov 15, 2022

  Volkswagen Achieves Half A Million Deliveries For ID. EV In 2022

  By 2026, Volkswagen will also have a $25,000 EV which will be an entry-level model that could work wonders in emerging markets like India where also the brand is seeing good growth.

  2 mins read