Author: News Room
Summary Hydrogen’s potential as a clean energy source is overshadowed by its inefficiencies, high costs, and infrastructure challenges The low energy density of hydrogen requires complex storage methods, making it less efficient than battery electric vehicles The production of hydrogen from fossil fuels emits significant carbon dioxide, undermining its environmental…
Summary Tesla working to deploy FSD system outside of North America, facing regulatory holdups in the UK and elsewhere UK proposed rules paring back allowances for autonomous driving systems, requiring drivers to keep hands on the steering wheel Concerns raised about impact on driver behavior, situational awareness, and safety amidst…
Summary Volkswagen’s upcoming electric car, the ID.Every1, was recently previewed, costing $21,500 and capable of going at least 150 miles on a charge The ID.Every1 won’t be available in the United States, along with several other affordable EVs such as Kia’s Concept EV2 and Fiat’s Grande Panda, which are destined…
Summary Leniency from Ursula von der Leyen allows EU car industry to comply with CAFE regulations in 3 years ICE-powered vehicles are becoming outdated, prompting a shift towards more BEVs Industry profits from selling petrol-powered cars but avoids fines with BEV sales Proposed leniency has pros like short-term profit boost,…
Summary X, Elon Musk’s social media platform, experienced several outages on Monday morning Initial reports of X being offline were submitted on Downdetector around 5:30 a.m. ET with about 20,000 user reports A second wave of outages was reported by users around 9:30 a.m. ET with about 40,000 user reports…
Summary Tesla aims to bring the Cybertruck to new markets by revising its design Tesla plans to expand Cybertruck into markets like Europe, China, and Australia Tesla has recognized the need for a large, workhorse pickup like Cybertruck in Australia Tesla is currently in conversations to bring the Cybertruck to…
Summary Toyota is facing challenges in the Chinese market, with declining sales and increasing competition from local automakers The company is preparing a counteroffensive by developing EVs and building a Lexus EV and battery plant in Shanghai Tesla is facing protests and stock price drops, with uncertainty surrounding its autonomous…
Summary Swedish billionaire and hedge fund manager Christer Gardell warns about bubbles in the stock market and the extreme volatility of Tesla stock Gardell believes Tesla’s valuation could drop by up to 95% due to controversies surrounding CEO Elon Musk He sees Tesla as fundamentally a car company and questions…
Summary Nearly 14,000 Volkswagen ID.4 and Audi Q4 E-Tron EVs in the US are being recalled due to potential power loss while driving The issue is caused by a damaged onboard 12-volt battery charger Condensation inside the onboard charger can lead to electromigration on the circuit board, causing the charger…
Summary Gardell warned about bubbles in the stock market, particularly in Tesla stock He believes Tesla’s valuation could drop as much as 95% due to controversies surrounding Elon Musk Gardell sees Tesla as a car company and questions its high market value He described the U.S. stock market as significantly…
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