Amid a shifting strategy, Ford (F) reported first-quarter earnings Wednesday, beating analyst expectations. However, due to fierce pricing pressure, Ford’s EV revenue fell 84% in Q1 2024.
Ford shifts EV strategy amid sales upswing
Despite EV sales surging 86% to 20,233 in the first three months of 2024, Ford is pulling back. All Ford electric models saw double (or triple) digit sales growth.
Salvadoran Official Crypto Wallet Chivo Dismisses Alleged Hacking Event – Security Bitcoin News
April 26, 2024
Chivo wallet, the official cryptocurrency wallet of El Salvador, has dismissed an alleged hack of the source code of its software and the data of over 5 million users linked to the wallet’s KYC procedures. According to Chivo, the data of Salvadorans is protected, and the…
BNB Chain, one of the largest smart contracts-enabled ecosystems in the crypto environment, has announced the inclusion of native liquid staking in its BSC blockchain. The new feature aims to allow validators to secure the network and maintain the liquidity of its assets…
Brazilian Neobank Nubank Introduces New Crypto Wallet Features for Bitcoin, Ether and Solana – Fintech Bitcoin News
April 26, 2024
Nubank, a Brazilian neobank, has introduced new features for its cryptocurrency customers. The Sao Paolo-based organization recently enabled deposits and withdrawals of bitcoin, ether, and solana in its cryptocurrency service, broadening the use cases of its platform. Before, the company only allowed users to purchase, hold, and sell cryptocurrency assets.
Nubank Enhances Cryptocurrency Features…
The Australian arm of defense company Lockheed Martin said it inked a contract to build the country’s Joint Air Battle Management System, considered foundational to the intercept of hostile missiles and aircraft.
The deal for JABMS, which will supply the…
The first F-35s to be delivered with a set of upgrades known as Technology Refresh 3 will initially be used for training flights, but will not be ready for combat until 2025, Lockheed Martin said in an earnings call Tuesday.
Lockheed chief executive Jim Taiclet told…
FORT NOVOSEL, Ala. — In the first half of fiscal 2023, more than a dozen U.S. Army aviators died in helicopter crashes, a startling number that prompted an aviation-wide standdown in April 2023.
The Army, after a thorough review, eventually lifted the standdown. But five months later, an MH-60 Black Hawk stealth helicopter belonging to the 160th Special Operations Aviation Regiment crashed into…
GreenPower (Nasdaq: GP) today announced the launch of its customizable EV Star Utility Truck, an electric all-purpose utility truck.
The EV Star Utility Truck is upfitted by GP Truck Body, a GreenPower subsidiary, on the GreenPower EV Star Cab & Chassis. The electric…
The Subaru Legacy will ride off into the sunset next year as the brand preps for a new era. Subaru is shifting gears as it focuses on new EVs, including SUVs and crossovers.
Subaru is retiring the Legacy with new EVs launching
Subaru launched its first fully electric…
Tesla announced that it is changing its product plan to introduce cheaper electric cars to be built on its current production lines.
Tesla has been working on its ‘next-generation vehicle platform’ that is expected to enable a new manufacturing process called “unboxed” that should produce cheaper electric vehicles. The automaker has previously talked about two upcoming vehicles on the…
