According to a new report, Hyundai Motor Group is forming a powerhouse EV alliance by joining forces with fellow South Korean tech giants Samsung, SK, and LG.
After a successful introduction to the market, Hyundai Motor Group, including Kia and Genesis, has already revealed plans to become a top three global EV producer by 2030.
The automaker is using the electric era to reimagine its brands, a…
BYD establishes joint venture to begin mass producing its nascent sodium-ion EV batteries
June 12, 2023
FinDreams, the battery unit of Chinese automotive conglomerate BYD, is establishing a joint venture with Huaihai Holding Group. Together, the two companies intend to establish themselves as the world’s largest supplier of sodium-ion batteries for small EVs.
Build Your…
I’ve tested a lot of folding fat tire e-bikes. They’re one of the most popular categories of low-cost e-bikes thanks to their combination of go-anywhere design and compact form factor, but I’ve never seen one quite as odd-looking as the EUY K6 Pro.
That’s thanks to…
Toyota shareholders protest EV stance with votes to oust longtime leader from the board
June 12, 2023
Toyota shareholders are sending a clear message at the Japanese automaker’s annual meeting this year – it’s time to go electric. Several investors have mentioned they have voted or plan to vote to remove longtime leader Akio Toyoda from the board over the automaker’s EV stance.
Shareholders voice their opinion on Toyota’s EV stance
After Akio Toyoda, the 66-year-old grandson to the…
Ford made a huge announcement Monday, revealing the Cologne Electric Vehicle Center is officially open for business. The new EV center is Ford’s first carbon-neutral plant and will be the home for its next-gen EVs, including the electric Explorer and an upcoming sports…
Electric boatbuilder Silent Yachts is opening a luxury resort in Fiji powered entirely by solar energy
June 12, 2023
Silent Resorts – the exclusive partner of solar electric boatbuilder Silent Yachts, is building off the early success of its first fully-sustainable residences and intends to bring a new solar-powered resort to the island nation of Fiji. These exclusive residences are…
EV maker NIO revealed Monday it’s slashing prices on all of its models by $4,200 (30,000 yuan) in China in addition to ending free battery swapping services, effective immediately.
NIO cuts EV prices to boost sales
The move comes after NIO was the only major EV major in China to see a decline in monthly deliveries in May (down nearly 8%).
NIO announced the news on its socials, as CEO William Li…
Tesla’s NACS connector is gaining support from several other companies, primarily charging station manufacturers and operators.
Following the announcement that both Ford and GM will adopt Tesla’s NACS connector in future electric vehicles in North America, EV charging…
Watch the steepest Tesla Solar Roof being built
June 12, 2023
You can watch the steepest Tesla Solar Roof being built in this new project that showcases the versatility of the solar tiles.
By being a roofing product that panels added on top of existing roofing products, Tesla’s solar roof tiles offer an opportunity to address new…
The AI feedback loop: Researchers warn of ‘model collapse’ as AI trains on AI-generated content
June 12, 2023
The age of generative AI is here: only six months after OpenAI‘s ChatGPT burst onto the scene, as many as half the employees of some leading global companies are already using this type of technology in their workflows, and many other companies are rushing to offer new products with generative AI built in.
But, as those following the burgeoning industry and its underlying research know, the…
