The legendary Jeep Wrangler is going electric. We will also see an all-electric Grand Cherokee roll out in the next few years. A tentative labor agreement between Jeep’s parent company, Stellantis, and the UAW revealed several new EV models due for production.
UAW President Shawn Fain released new labor contract details, including historic wage increases, enhanced retirement and health care…
In a power move, China’s BYD plans to build a factory in Europe
November 6, 2023
Chinese-owned automaker BYD has announced plans to build a factory in Europe in hopes of bringing its affordable EVs to the masses there. As the brand picks up steam in sales, it will break ground on its first European factory, with Hungary selected as the location. Still…
Elon Musk Confirms None of His Companies Will Ever Create a Crypto Token – Featured Bitcoin News
November 6, 2023
Tesla and Spacex CEO Elon Musk has confirmed that none of his companies will ever launch a crypto token. His clarification came after his artificial intelligence company’s name was used in a cryptocurrency, and several articles associated his social media platform X with…
Latam Insights: USDT Takes Over Brazil, Bukele's Administration Accused of Embezzlement – Bitcoin News
November 6, 2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: USDT dominates the Brazilian crypto market, Bukele’s administration is accused of deviating funds for Bitcoin projects, and Venezuelan exchanges create a new association.
USDT Dominates the Brazilian Market
The Brazilian Tax Authority (RBF) has acknowledged the…
Honda's new electric scooter and e-bike show it's serious about electric two-wheelers
November 6, 2023
Honda has been on a roll lately, pumping out interesting and innovative electric two-wheelers including scooters and bicycles. Could the Japanese automaker suddenly be taking the segment more seriously?
Honda is a veritable powerhouse in the automotive and motorcycle…
Swedish automaker Volvo is considering an expansion of its EV production in the US, with a possibility of broadening its factory in Charleston, South Carolina, or breaking ground on a second site in the country, according to a new report.
The plan, in large part at least…
Tesla has reportedly confirmed that it plans to build its upcoming $25,000 electric car at Gigafactory Berlin.
It’s a rare new model to be confirmed for the factory that currently only produces the Model Y.
At Tesla’s 2023 Investor Day in March, the automaker unveiled a new car manufacturing system, which CEO Elon Musk claimed would be faster, more efficient, and enable the production of…
Tesla to integrate Elon Musk's new AI assistant in its vehicles
November 6, 2023
Tesla is going to integrate Elon Musk’s newly launched Grok AI assistant in its electric vehicles, according to the CEO.
Earlier this year, Musk launched a new AI startup, xAI, and said that it will work closely with Tesla.
The company’s mission is “to understand the…
Battery-swapping leader Gogoro has just inked a new deal to see thousands of new battery-swapping GoStations added to the company’s existing force of swap stations already operating around Asia and the Middle East.
The announcement is part of a Memorandum of Understanding…
Global leaders scramble to regulate the future of AI
November 6, 2023
There is no doubt that the pace of AI development has accelerated over the last year. Due to rapid advances in technology, the idea that AI could one day be smarter than people has moved from science fiction to plausible near-term reality.
Geoffrey Hinton, a Turing Award winner, concluded in May that the time when AI could be smarter than people was not 50 to 60 years as he had initially thought…
