Hyundai to Halve EV Slow Charging Time with New Platforms
Jul 06, 2024 05:30 am UTC| Technology
Hyundai plans to cut the slow charging time of its electric vehicles by 50%, thanks to its upcoming eM and eS platforms. These advancements promise faster charging at home and work, enhancing convenience and reducing...
Elon Musk Denies Fraud Allegations in SEC Filing Over Twitter Acquisition
Jul 06, 2024 02:41 am UTC| Technology Business
Elon Musk denied fraud allegations in a July 3 SEC filing, asserting no ill intent in his delayed disclosure of acquiring a significant Twitter stake. Former shareholders are suing, alleging missed profits due to his late...

Shanghai State-Owned Enterprises Embrace Tesla Model Y for NEV Procurement
Jul 06, 2024 02:37 am UTC| Business Technology
Shanghais state-owned enterprises are increasingly adopting the Tesla Model Y Rear Wheel Drive for their NEV procurement, marking a significant step in the citys efforts to support both domestic and foreign businesses...

NVIDIA's Near-Sale to AMD: Insights from Former AMD Employee on Jensen Huang's Strategic Choice
Jul 05, 2024 23:59 pm UTC| Business Technology
A former AMD employee reveals that NVIDIAs CEO Jensen Huang considered selling NVIDIA to AMD, a pivotal moment that could have altered the competitive landscape. Insights from AMDs Former Employee Hemant Mohapatra, a...

Apple iPhone 16 Pro Expected to Feature Enhanced Tetraprism Periscope Zoom Lens: Supply Chain Report
Jul 05, 2024 23:23 pm UTC| Business Technology
The iPhone 16 Pro is rumored to come with Apples advanced tetraprism periscope zoom lens, promising significant camera improvements. Key Suppliers for iPhone 16 Pro Camera Components Revealed The tetraprism periscope...

BYD's $1 Billion Turkey EV Plant to Accelerate Global Expansion Strategy
Jul 05, 2024 22:52 pm UTC| Business Technology
BYD plans to invest $1 billion in an electric vehicle plant in Turkey, pushing forward its global expansion efforts. BYDs Strategic Move into Turkeys EV Market BYD is gearing up to construct a huge electric vehicle...

Bitcoin Prices Could Benefit as US Job Growth Slows, Unemployment Rises
Jul 05, 2024 17:44 pm UTC| Digital Currency Technology
The U.S. unemployment rate reached its highest since December 2021, potentially boosting Bitcoin prices as investors turn to alternative assets amid economic concerns. Economic Indicators Worsen A worsening labor...