Commerzbank has made a significant stride in the digital asset sector by becoming the first German full-service bank to receive a Crypto Custody License. Commerzbank believes the breakthrough positions the bank at the forefront of the burgeoning crypto market in Germany. The firm discloses that the license, granted under the German Banking Act, marks a pivotal move for Commerzbank to develop a…
Rivian fixes infotainment software bug via OTA, around 3% affected
November 15, 2023
I spoke with Rivian software head Wassym Bensaid today about his last harrowing 36 hours. Rivian’s software team scrambled after an incorrect OS update build was sent out to the company’s fleet with an incorrect certificate. The update hung before it could complete…
GAF Energy’s new nailable solar shingle factory in Texas is about to make the company the world’s largest solar roofing producer.
The San Jose, California-based company is the sister company of GAF, the largest roofing and waterproofing company in North America. Its…
Six months after sharing initial plans to expand to the US and begin remotely operated journeys in Las Vegas, Vay has successfully driven its teledrive vehicles on public roads in Sin City without a human present inside. Check out the video below.
Vay is a teledriving specialist originally based in Berlin, Germany, that has taken a remote-first approach to “driverless” vehicles, in which an…
This new HiPhi A hypercar is a carbon fiber-clad collaborative EV teasing an awesome future
November 15, 2023
Luxury EV marque HiPhi introduced its latest model from its native Shanghai this morning, and it’s a marvel in futuristic design language. Described by HiPhi’s founder as a “work of art for the new era,” the HiPhi A is the young automaker’s first collaborative…
Mercedes-Benz launches first EV charging hub in US with 400kW piles from ChargePoint
November 15, 2023
Eleven months after sharing plans to develop and implement a new series of EV charging hubs across North America, Mercedes-Benz, with the help of ChargePoint, has opened its very first location in the US, complete with a driver lounge and powered using 100% renewable…
EV startup Canoo (GOEV) hit several milestones in the third quarter, including delivering its first EV built at its new Oklahoma facility.
Canoo delivers first “Made in Oklahoma” EV in Q3
“We are now in our manufacturing and revenue-generation phase,” Tony Aquila, Canoo CEO, said after delivering Q3 results this week.
Although it took “nearly three years to get to this point,” as…
Tesla sees critical supplier get snatched up by GM
November 15, 2023
Tesla has seen one of its critical suppliers for its gigacasting technology, TEI, be acquired by General Motors.
Tesla has been pioneering the use of bigger cast parts in its vehicle bodies over the last few years.
It started by replacing 70 rear body parts with two giant…
Things continue to move quickly for ZEEKR’s fourth EV model, the 007 – which is due to begin pre-orders in China before week’s end. After sharing images of its first sedan last week, ZEEKR has followed up with our first look at the 007’s interior, along with some new…
Volkswagen CEO says a $22K electric car is possible around 2025
November 15, 2023
Is Volkswagen launching an affordable EV? At a conference Wednesday, the automaker’s CEO, Oliver Blume, said an electric car priced around $22,000 (20,000 euros) is possible by the latter part of the decade.
Blume explained that reducing battery costs will be the main driver in lower EV prices during a Berlin conference, as Reuters reported.
He pointed to advances in unified battery cells…
