Apple’s Autonomous Car Dreams Halt: California Revokes Testing Permit
October 12, 2024 – Following a report by Bloomberg’s Mark Gurman six months ago stating that Apple had abandoned plans to release an electric vehicle, macReports has revealed that the California Department of Motor Vehicles (DMV) has revoked Apple’s autonomous vehicle testing permit. According to the information, the DMV received confirmation from Apple on September…
Nissan Unveils Affordable V2G Technology for 2026 Launch
October 11, 2024 – Nissan Motor Corporation has unveiled its ambitious plan to introduce cost-effective Vehicle-to-Grid (V2G) technology in certain electric vehicle models starting from 2026. This marks a significant stride towards the company’s vision of a sustainable energy ecosystem. The V2G technology will empower electric vehicle owners to utilize the power stored in their…
Samsung Electronics Initiates Comprehensive Restructuring, Shutting Down LED Business
October 11, 2024 – Samsung Electronics is reportedly undergoing a comprehensive organizational overhaul centered around its manufacturing sites, with plans to deploy research and development (R&D) personnel from its Device Solutions (DS) division, particularly the Equipment Technology Research Institute, directly into its fabrication plants (FABs). According to industry sources cited by Korean media outlet Maeil…
Priced at $132K, First Police Tesla Cybertruck Hits the Road: Taxpayers Protest
October 11, 2024 – The inaugural police Tesla Cybertruck has hit the streets of Irvine, California, sparking controversy among taxpayers due to its hefty price tag of $132,000. This unique Cybertruck boasts customized police graphics, emergency lighting, and a bespoke interior tailored for its new role, with components crafted by Unplugged Performance and Whelen Engineering….
Microsoft and Alphabet Top the 2024 Forbes Best Employers List, Samsung Electronics Drops to Third
October 11, 2024 – Forbes magazine has recently unveiled its 2024 list of the Best Employers, with Microsoft, Alphabet (the parent company of Google), and Samsung Electronics occupying the top three spots. This prestigious ranking was determined through a comprehensive survey conducted by Forbes and the German polling agency Statista. The survey reached out to…
Toyota Chairman Warns: Full EV Shift Could Lead to Massive Job Cuts in Japan
October 11, 2024 – According to Reuters, Toyota Chairman Akio Toyoda expressed concerns today during the unveiling of a bust of his father, Kiichiro Toyoda, at Nagoya University. He warned that the shift towards a pure electric vehicle future could result in significant job losses for the Japanese population, affecting not only those directly employed…
BMW Skytop Enters Production: 50-Unit Global Limit, 617 HP V8, 0-62 mph in 3.3 Seconds
October 11, 2024 – According to a report published today by carscoops, BMW has commenced mass production of its Skytop sports car, with a strictly limited edition of only 50 units worldwide. Remarkably, all 50 cars have already been fully booked and sold out. Initially unveiled as a concept car at the Concorso d’Eleganza Villa…
GM Overtakes Ford, Claims Spot as US’s Second-Largest EV Maker
October 11, 2024 – At its 2024 Investor Day on Tuesday local time, General Motors proudly declared, “We are now the second-largest electric vehicle manufacturer in the United States.” Having surpassed Ford in the third quarter of this year, GM has solidified its position as the second-biggest EV brand in the country. Amid falling EV…
Negotiation Stalemate: Boeing Rescinds 30% Wage Hike Offer to Strikers
October 10, 2024 – In a move that has escalated tensions, aerospace giant Boeing has withdrawn its wage increase proposal to striking workers, citing a breakdown in negotiations with union representatives. The company has placed blame on the union for not giving due consideration to its offer. The International Association of Machinists and Aerospace Workers…
Honda Recalls 1.7 Million Vehicles in U.S. Due to Steering System Fault
October 10, 2024 – The U.S. National Highway Traffic Safety Administration announced on Wednesday that Honda will recall approximately 1.7 million vehicles in the United States due to a potential steering issue that could elevate the risk of crashes. The recall includes several popular models, such as the 2022-2025 Honda Civic Type R, Acura Integra,…