EV startup WM Motor has teased a first image of its upcoming M7 sedan ahead of its official unveiling in China later this week. The M7 is based on a concept EV previously shared by WM Motor and will be the first sedan in its fleet. Furthermore, it’s reported to come equipped with three separate LiDAR sensors.
WM Motor, aka Weltmeister, aka Weimar Motors, is an automotive technology group based…
Amsterdam-headquartered global auto manufacturer Stellantis and South Korean battery maker LG Energy Solution today announced that they will form a joint venture to produce battery cells and modules for North America.
The two companies, which signed a memorandum of…
Tesla has updated the solar roof webpage and dropped the claim that its tiles are “3x stronger than standard tiles”.
The company is trying to ramp up solar roof production and installations, but not without issues.
Solar Roof has been one of Tesla’s toughest products…
EV automaker NIO has just announced that its annual “NIO Day” 2021 event will be held at the Olympic Sports Center in Suzhou, west of Shanghai on December 18. NIO Day 2020 was held in early January of this year, and the event is usually when the automaker introduces new models. That trend should continue this year as the automaker is expected to reveal at least two new models and possibly an…
Tesla has added back solar panel installation to its referral program with a new $300 award for both referrers and new buyers being referred.
Earlier this year, we reported that Tesla plans to completely revamp its referral program:
“According to a source familiar with…
Electrek was invited to try out the cheapest EV in the world, which is manufactured by Changli. It was hilarious, cute, “cheap” in every way, and a wild exercise for the imagination. Even though it doesn’t retain its famed price tag, the US importers have put great…
Ford announces $316 million UK facility transformation to build first EV components in Europe
October 19, 2021
Ford has announced that its vehicle transmission facility at Halewood in the UK will be transformed to build electric power units for future Ford passenger and commercial EVs in Europe. The £230 million (~$315 million) investment will see a complete revamp to the facility, which is scheduled to begin EV component production in 2024. When complete, the Halewood site will be the first producing EV…
Enterprise data intelligence solution provider Alation Inc. has announced the acquisition of data insights and AI vendor, Lyngo Analytics. This deal will enable Alation to scale its data intelligence offerings, help companies to drive their data culture, and elevate the…
The ROI of AI: Will it deliver real value?
October 19, 2021
The enterprise sector is poised to start spending top-dollar on AI next year, but perhaps the most salient question has yet to be answered: Is this going to make money, or just cost money?
The fact remains that there is still a lot of misunderstanding as to what AI actually…
Artificial intelligence and machine learning pioneers are rapidly expanding on techniques that were originally designed for natural language processing and translation to other domains, including critical infrastructure and the genetic language of life. This was reported in the 2021 edition of the State of AI Report by investors Nathan Benaich of Air Street Capital and Ian Hogarth, an angel…
