Toyota Motor Group Subsidiary Woven Planet has announced the completed acquisition of Level 5, the self-driving division of rideshare veteran Lyft, Inc. The completed transaction is one of several made by Toyota and its subsidiaries in 2021, specifically pertaining to autonomous software and other self-driving technologies.
At this point in a world abundant with rideshare options, most people…
Tesla (TSLA) could make more money from software subscription than hardware, says analyst
July 21, 2021
Morgan Stanley believes Tesla (TSLA) could end up making more money from selling software subscriptions than selling hardware, like its actual vehicles.
Tesla has been on a trend of offering paid services through software.
The automaker started charging $10 a month for…
After unveiling the ID.6 in Shanghai this past spring, Volkswagen has officially begun delivering the all-electric mid-size SUV to Chinese customers. The first version of the SUV to see deliveries is the Volkswagen ID.6 CROZZ, a result of a joint venture with state-owned…
After years of delays, Tesla is finally about to start production of Tesla Semi, its all-electric semi-truck.
The whole truck industry is watching.
While there are already a few electric trucks on the road, none of them have the specs enabling longer range hauling in a class 8 semi-truck, like the Tesla Semi is promising.
When launching Tesla Semi in 2017, the automaker said that the electric…
RadRover 6 Plus e-bike launched by Rad Power Bikes with new battery, dual screens, and more
July 20, 2021
The newly released marks the biggest update Rad Power Bikes has ever launched and showcases brand-new components like upgraded hydraulic disc brakes, new dual-screen displays, and a totally redesigned semi-integrated battery.
The last few years have seen several new…
Sibros, a company specializing in deeply connected software and over-the-air (OTA) updates, has announced a collaboration with Sono Motors. As part of the deal, Sibros’ Deep Connected Platform (DCP) will manage the OTA software updates, data collection, and diagnostics…
Indiana has been slow to install electric car chargers, but the Hoosier State is now going to give eight electric utilities, including Duke Energy, NIPSCO, and AES Indiana, more than $5.5 million to set up 61 EV fast charging stations. The money will come from the Volkswagen settlement over its Clean Air Act violations.
There are currently only around 40 public fast charging stations in…
Chinese EV automaker XPeng Motors has shared pricing on its upcoming P5 sedan, and it’s quite ambitious. The automaker has officially begun accepting pre-orders on the P5, and has shared that the pricing will begin at 160,000 yuan ($24,650), significantly lower than…
A new drone flyover of Tesla Gigafactory Texas is showing some great progress, and it’s even starting to look like the render of the finished building.
The start of production at Gigafactory Texas and Gigafactory Berlin is the most important thing for Tesla’s growth…
Tesla is closing its Supercharger station at its design studio in Los Angeles, its very first Supercharger, reportedly over security concerns.
Almost a decade ago, Tesla opened the first Supercharger station, and it happened to be at its own design studio near the Hawthorne airport in Los Angeles.
It features one of Tesla’s rare “Supercharger towers.”
The automaker later ended up…
