Gogoro, a leading player in the battery-swapping electric scooter market is taking a page out of Apple’s book. Or more accurately, it’s working with the consumer electronics giant to incorporate key Apple features directly into its scooters. The company announced today that it would start leveraging its scooters’ NFC keyless unlocking along with Apple Wallet […]
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A Tesla owner in the UK challenged Tesla over its failure to deliver on its full self-driving claims and won a settlement representing a refund of his purchase cost of FSD, with interest, after filing a claim in small claims court. Tesla’s Full Self-Driving system has been available since 2016, with Tesla stating at the […]
Austan Goolsbee, president and chief executive officer of the Federal Reserve Bank of Chicago, during a Bloomberg Television interview at the Jackson Hole economic symposium in Moran, Wyoming, US, on Friday, Aug. 25, 2023. David Paul Morris | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. […]
Ørsted will roll out artificial intelligence (AI) across 5.5 gigawatts (GW) of its land-based wind, solar, and energy storage assets in the US. Ørsted says it’s deploying AI in the US to increase energy production, decrease maintenance costs, and improve operational efficiency. The Danish renewables giant has gotten a lot of negative press (and taken […]
Lucid Motors (LCID) is cutting its 2023 production goal following widening losses in Q3. The EV maker is facing stiff competition in the premium electric vehicle market. Despite initial plans to build between 10,000 and 14,000 cars this year, Lucid is revising its plans as EV sales fail to gain traction. Lucid delivered 1,456 EVs […]
Soundwave Hearing announced it received FDA 510(k) clearance for its Sontro Self-Fitting OTC Hearing Aids, which blend mobile technology and artificial intelligence calibration capabilities to self-fit and amplify sound for individuals aged 18 and older with mild to moderate perceived hearing impairment. The Sontro hearing aids allow for personalization using AI technology to tailor the […]
Tesla service workers in Sweden are on strike, and Tesla commented publicly on the strike for the first time as sympathy strikes expand to shipping, cleaning and electrical workers. Late last month, Tesla service workers in Sweden threatened to strike over the lack of a collective bargaining agreement covering their working conditions. After getting no […]
The US Energy Information Administration (EIA) expects annual solar generation to surpass annual hydropower generation in 2024 for the first time. The EIA’s “Short-Term Energy Outlook,” released today, forecasts that the US will generate 14% more solar electricity than hydropower in 2024. That’s based on continued growth in new utility-scale and small-scale (e.g., rooftop) solar. […]
Rivian (RIVN) released its third-quarter earnings after market close Tuesday, showing strong results as production and deliveries picked up. Meanwhile, losses are shrinking… Earnings preview The EV maker continued progressing in the third quarter, easily surpassing expectations with 15,564 vehicles delivered. Rivian’s deliveries were up 24% from Q2 and more than double last year’s figures. […]
