Warren Buffett says that he doesn’t want to compete with Elon Musk – and especially Tesla – as he divests from BYD.
Over the last year, Warren Buffett’s Berkshire Hathaway has been divesting from Chinese automaker BYD. Last week, Berkshire Hathaway sold two million BYD shares again.
Following the last sale, Buffett and his number two, Charlie Munger, said that they don’t want to compete…
A company is developing self-propelled, battery-electric railcars you can control with your phone
May 12, 2023
A young tech company called Intramotev has developed zero-emissions freight mobility solutions that could help significantly decarbonize (and revitalize) a major industry in the US. Following a new $200,000 grant from the state of Michigan, Intramotev looks to deploy three…
Volkswagen is teasing its newest flagship electric sedan variant, the ID.7 GTX. The new VW ID.7 GTX will include new sporty design features, more power, and a dual-motor AWD system.
We got our first look at the all-new Volkswagen ID.7 at CES in January, with the automaker…
Subaru suddenly breaks electric following tripled annual profits, promises 4 crossover EVs in US
May 12, 2023
Two months into his term as the new CEO of Subaru, Atsushi Osaki is making some admirable changes that could soon benefit US consumers and our planet’s ecosystem. The Japanese automaker looks to ride a wave of massive annual profits into a new transition of bolstered EV production that includes at least four all-electric Subaru models.
After years and years of stubbornness and minimal effort to…
Tesla has started to release a new Full Self-Driving Beta update with some performance improvements – although it doesn’t look like a huge update from the release notes.
FSD Beta enables Tesla vehicles to drive autonomously to a destination entered in the car’s…
WASHINGTON — The U.S. Navy declared initial operational capability on its entire mine countermeasures mission package, which will operate off littoral combat ships and other potential motherships.
The mission package includes four primary systems to find, identify and…
Mere weeks after closing orders for its flagship EX90 SUV, Volvo Cars has announced a delay to the EVs production schedule, citing the need for additional software development and testing.
Volvo Cars began teasing a new and completely bespoke SUV called the EX90 in September of 2022, touting its capabilities as “an invisible shield of safety.” As an evolution of the super popular , Volvo…
WASHINGTON — If the Air Force has to fight a major adversary such as China in years to come, a top general said, it must bring “mass” in its airpower — without breaking the bank.
But piloted fighters alone won’t be enough to maintain the United States’ prized air…
In the highly-competitive world of electric bike design, there are often originators and follow-on imitators. But when Himiway rolled out its new Pony micro e-bike a few months ago, the blurry line between imitation and inspiration seemed quite clear to JackRabbit, who…
WASHINGTON — The U.S. Navy tested what one commander described as a combination of “unmanned and unmanned” sea and air capabilities in a Pacific Fleet demonstration known as Integrated Battle Problem 23.1.
During the exercise, which began May 1 off the coast of California and runs through Friday, a V-BAT drone made by Shield AI was launched from a Leidos Seahawk medium displacement unmanned…
