Toyota to invest $1.3B to build EVs at its Kentucky plant

  • February 6, 2024
  • 0 Comments

Photo: Toyota Toyota just announced a $1.3 billion investment in its Kentucky factory to build EVs, including its three-row electric SUV for the US market.  The investment supports the previously announced future battery EV assembly at Toyota Kentucky. It’s also adding a battery pack assembly line, with batteries being supplied by Toyota Battery Manufacturing North […]

Ferrari is testing Tesla Model S Plaid ahead of its first EV

  • February 6, 2024
  • 0 Comments

Ferrari is testing a Tesla Model S Plaid ahead of launching its own first all-electric supercar, which should be coming in the next two years. Over the last few years, Tesla vehicles have been among the most reverse-engineered and tested by automakers. Tesla was early in the electric vehicle space, and it was the first […]

Volvo puts EC230 Electric excavator out to stud in France

  • February 6, 2024
  • 0 Comments

The headline-grabbing EC230 Electric excavator from Volvo CE has officially begun work on a stud farm with Bouygues Travaux Publics Régions France. The job site is part of a larger project that aims to deliver on the promise of an emissions-free construction industry. Volvo says its EC230 Electric excavator is the first of its kind […]

News

AI-enabled administrative task company Outbound AI joins Microsoft’s Pegasus Program

  • February 6, 2024
  • 0 Comments

Seattle-based Outbound AI, a company offering AI-powered virtual agents that perform administrative tasks, announced it was selected to participate in Microsoft’s invite-only Pegasus Program.  Outbound AI is a conversational AI tool for healthcare with 24/7 virtual agents that focus on the revenue cycle, including eligibility and benefits verification, claims status and prior authorization. The platform utilizes […]

Husqvarna’s new electric demolition robot will smash up your house

  • February 6, 2024
  • 0 Comments

Designed to handle indoor demolition work in confined spaces, Husqvarna’s new DXR 95 electric demolition robot is small enough to fit in a standard work van, and tough enough to manage steep 30° inclines. Best known around these parts for their electric lawnmowing robots and motorcycle/scooter concepts, Husqvarna has a long tradition in the construction […]

Hertz (HTZ) blames EVs for Q4 earnings miss as stock price rises anyways

  • February 6, 2024
  • 0 Comments

Car rental company Hertz (HTZ) missed Q4 earnings expectations, blaming “headwinds” with its EV fleet. Hertz believes reducing the number of EVs in its fleet will improve profitability. Hertz is reducing EVs in its fleet to improve earnings Hertz reported Q4 revenue of $2.2 billion, a 7% increase year-over-year (YOY). Although this was mostly in […]

Tesla signs deal to bring chargers to thousands of hotels

  • February 6, 2024
  • 0 Comments

Tesla has signed a deal with Choice Hotels International to bring chargers to thousands of additional hotels. Over the last year, Tesla has become increasingly dominant in the charging space. It’s not like it wasn’t already, but with NACS, its own charge connector, becoming the standard in North America, and the release of its Universal […]