Tech Auto's Archives - Page 2 of 7

Stations Managed by AI Offer Electric Car Charging at Individual Rates

Leave a Comment / Tech Auto's / June 4, 2024 June 4, 2024

As the popularity of electric cars grows, so does the potential for congestion and long waits at charging stations when demand surges. A recent investigation conducted by Chalmers University of Technology in Sweden. Today’s charging infrastructure can be a labyrinthine landscape. The market is intricate, with various subscription models and fierce competition among providers. Some …

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Data indicates Tesla reduces Model Y production in Shanghai

Leave a Comment / Tech Auto's, Tech News / May 27, 2024 May 27, 2024

According to industry data and an insider, Tesla (TSLA.O) has reduced production of its popular Model Y electric car by a double-digit percentage at its Shanghai facility since March. This adjustment is a response to declining demand for the aging model in China, its second-largest market. The majority of vehicles produced at the Shanghai plant …

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US safety investigation into Waymo autonomous vehicles uncovers additional incidents

Leave a Comment / Tech Auto's / May 27, 2024 May 27, 2024

The National Highway Traffic Safety Administration (NHTSA) announced on Friday that it has become aware of nine additional incidents that have raised concerns about the performance of Alphabet’s Waymo self-driving vehicles. Earlier this month, the U.S. auto safety regulator initiated an investigation following 22 reports of Waymo’s autonomous taxis displaying driving behavior that potentially violated …

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Xpeng Shares Soar Due to Tech Service Revenue and Positive Self-Driving Tech Outlook

Leave a Comment / Tech Auto's, Tech News, Tech Trends / May 22, 2024 May 22, 2024

Shares of Chinese electric vehicle producer Xpeng (9868.HK) climbed over 10% on Wednesday, propelled by increased revenue from research and development services to Volkswagen and positive statements regarding its self-driving technology prospects. After deepening its partnership with VW in April to collaborate on EV architecture, Xpeng reported that these R&D services largely accounted for its …

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Musk advocates for utilizing Chinese data to fuel Tesla’s AI aspirations.

Leave a Comment / Tech Auto's / May 17, 2024 May 17, 2024

Tesla is forging ahead with plans to advance its global self-driving technology using data sourced from China, a strategic shift spearheaded by Elon Musk, according to individuals familiar with the matter.As part of this initiative, Tesla is reportedly strategizing the establishment of a data center in China to train the algorithms necessary for achieving fully …

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Turkish Competition Authority Penalizes Google for Non-Compliance with Regulations

Leave a Comment / Tech Auto's, Tech News, Tech Trends / May 16, 2024 May 16, 2024

On Thursday, the Turkish competition authority announced its decision to impose fines on Google for its failure to meet obligations concerning a segment of its local search services. The authority stated that it would levy daily fines equivalent to five ten-thousandths of Google’s 2023 revenues until the company adheres to the decisions of the competition …

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Toyota’s Hybrid Sales Boost Profits as Electric Car Hype Fades

Tech Auto's / May 7, 2024 May 7, 2024

Toyota is set to announce increased earnings driven by strong demand for hybrids, contrasting with slowing interest in electric vehicles. Despite challenges in key markets like China and the U.S., Toyota’s hybrid sales surge has propelled it to record profits. While the company lags in the electric car market, it aims to catch up with …

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US Requests Tesla’s Input on Autopilot Recall Investigation

Leave a Comment / Tech Auto's / May 7, 2024 May 7, 2024

US safety investigators are seeking details from Tesla about a December recall affecting over 2 million vehicles. The National Highway Traffic Safety Administration (NHTSA) is investigating 20 crashes involving cars with updated Autopilot software from Tesla’s recall. The probe covers various Tesla models with Autopilot, made between 2012 and 2024. Tesla hasn’t responded to requests …

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Exclusive: Tesla Abandons Next-Generation ‘Gigacasting’ Manufacturing Approach

Leave a Comment / Tech Auto's / May 3, 2024 May 3, 2024

Tesla (TSLA.O) has shifted away from an ambitious plan for advancements in gigacasting, its innovative manufacturing process, according to two sources familiar with the situation. This development signals a retrenchment by the electric-vehicle manufacturer amidst declining sales and increasing competition. Gigacasting, a pioneering technique utilized by Tesla, involves employing massive presses with thousands of tons …

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Rivian Secures $827 Million in Incentives for Illinois Facility Expansion, Sparks Share Surge

Leave a Comment / Future, Tech Auto's / May 3, 2024 May 3, 2024

Rivian Automotive (RIVN.O) announced on Thursday that it has secured an $827 million incentive package from the State of Illinois to expand its operations at the Normal facility. Following this news, shares of the Irvine, California-based company surged nearly 10% in afternoon trading, recovering from a decline of over 60% in value since the beginning …

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