Article Trunk



Posts Tagged ‘automotive’

Sony venture arm invests in geocoding startup what3words

Sony’s venture capital arm has invested in what3words, the startup that has divided the entire world into 57 trillion 3-by-3 meter squares and assigned a three-word address to each one. Financial details were not disclosed. The startup’s novel addressing system isn’t the whole story. The ability to integrate what3words into voice assistants is what has ...

Tesla to cut workforce by 7% and focus on Model 3 production

Tesla is cutting 7% of its full-time workforce. The company disclosed the headcount reduction in an update emailed to all employees and also posted to its website. In the email, CEO Elon Musk says the focus must be on delivering “at least the mid-range Model 3 variant in all markets”. He also warns those employees not set ...

Tesla to recall 14,000 Model S cars in China over faulty Takata airbags

China’s top market regulator said on Friday that Tesla will recall a total of 14,123 imported Model S vehicles in the country over potentially deadly airbags. The recall is part of an industry-wide crackdown on Takata-made front passenger airbags, which involves roughly 37 million vehicles including more mainstream brands such as Toyota and Ford, as ...

Ford’s iconic F-series trucks are going electric

Ford's iconic and popular F-series pickup line will soon have electric options, the company announced today. The move is intended to "future-proof" the enormous truck business against rising gas prices and regulations favoring electric vehicles over internal combustion. ...

EVs and online marketplaces thrive despite slump in Chinese car sales

China’s massive auto market hit the brakes last year as trade tensions and a softening economy dampened consumer confidence, but one segment soared on account of increasing internet *********** — used car sales. New passenger car sales fell to 23.7 million last year, representing a 4.1 year-over-year drop according to a new report by China’s Association of ...

Tesla unveils first home charging station that can be plugged into a wall outlet

Tesla today is launching a new home charging station designed for the modern home. The new Wall Connector is the auto maker’s first home charging solution that can be plugged into a wall outlet rather than being hardwired into the home’s electrical system. This charger can plug directly into a NEMA 14-50 plug — the ...

Riding the RV revolution, Outdoorsy fuels up with $50 million in fresh funding

Outdoorsy is building for the road ahead. The three-year-old company, which connects customers with underused RVs and other trucks big enough to camp in overnight, just raised $50 million in Series C funding led by Greenspring Associates, with participation from earlier backers Aviva Ventures, Altos Ventures, AutoTech Ventures and Tandem Capital. That puts its total funding, ...

Blindfolded Bird Box Challenger crashes car

Remember, way back on January 2 when Netflix issued a warning to its customers over the viral Bird Box challenge meme to “PLEASE DO NOT HURT YOURSELVES WITH THIS BIRD BOX CHALLENGE?” That warning wasn’t heard or followed by at least one 17-year-old in Utah who decided to give the challenge — which involves a blindfold — ...

Tesla is entering the Model 3 into Pwn2Own, one of the world’s toughest hacking contests

Tesla is handing over its new Model 3 sedan to Pwn2Own this year, the first time a car has been included in the annual high-profile hacking contest. The prize for the winning security researcher: a Model 3. Pwn2Own, which is in its 12th year and run by Trend Micro’s Zero Day Initiative, is known as ...

Nissan’s IMs ‘elevated sports sedan’ concept shows what its electric future might look like

Nissan unveiled Monday its latest vision for electric vehicles at the North American International Auto Show — the third consecutive year the automaker has teased what its EV future might look like. This time it’s a sleek EV concept called the Nissan IMs, which the automaker describes as an “elevated sports sedan.” If the IMs name ...