Feb 23, 2023 | Business, Electric Vehicles, Uncategorized
Electric vehicle maker Lucid on Wednesday reported fourth-quarter revenue that fell short of expectations after building just 7,000 of its Air luxury sedans last year amid manufacturing challenges. But the company said it expects to make between 10,000 and...
Jan 5, 2023 | Business, Electric Vehicles
The BMW Group more than doubled its fully-electric vehicle sales in 2022 and plans on raising the share of battery electric vehicles in total sales to 15% in 2023, the carmaker said in a post on LinkedIn on Wednesday. Total sales for 2022 were around 100,000 fewer...
Dec 15, 2022 | Business, Electric Vehicles
The past year was sobering for investors who poured money into Tesla Inc and rival electric vehicle startups that hoped to emulate Tesla CEO Elon Musk’s success. As interest rates rose and financial markets gyrated, shares in many EV startups deflated. Rivian...
Dec 1, 2022 | Business, Drones, Featured
Over $500 billion. This is the fantastic revenue figure predicted for the drone market by 2030. And considering its development pace, I presume this forecast to come true. Drones are already being used to improve a variety of tasks and industries: monitoring the...
Oct 13, 2022 | Business, Electric Vehicles, Featured, Telecommunications
A joint venture set up between Honda Motor Co Ltd (NYSE:HMC) & Sony Group Corporation (SONY) aims to deliver its first electric vehicles by 2026. The Sony Honda Mobility JV plans to sell the electric vehicles online in the United States and Japan...
Aug 18, 2022 | Business, Car Sharing, Smart Cities
As cars become electrified and connected, there’s another debate emerging. Once vehicles can reliably drive autonomously at Level 5, should we continue to own them? Some visions of the Smart City of the future foresee public transport and self-driving taxi services as...
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