In 2011, Tesla’s CEO Elon Musk dismissed Chinese automaker BYD as an unlikely competitor in the electric vehicle (EV) market. At the time, Tesla was preparing the launch of its
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In a significant move that reshapes the landscape of driver monitoring technology, Seeing Machines has secured £26 million in funding through a strategic partnership with Mitsubishi Electric Mobility, resulting in
In a significant strategic shift, General Motors (GM) has announced the termination of its autonomous vehicle venture, Cruise, marking a notable retreat from the robotaxi sector. The decision comes after
Swedish battery manufacturer Northvolt stands at a critical juncture as the company contemplates filing for Chapter 11 protection or potentially entering bankruptcy proceedings. Sources close to the negotiations indicate the
