Auto Tech

Foxconn Expects More Stable Supply Chain In Q2

Foxconn expects a better second quarter in revenue and production, in contrast to initial expectations. Foxconn's new announcement comes after China's COVID-19 lockdown appears...

University Researchers Invent Blood Donation Processing Robot

Researchers from Swinburne University of Technology have invented a robotic prototype aimed at helping medical staff automate blood donation processing. The university researchers, led by...

Tesla Stock Down 49% From All-time High

Tesla shares fell 7% to $628 on Thursday, pushing the automaker's stock down nearly 49% from its all-time high in November wiping more than...

Tractors Stolen in Ukraine By Russian Troops Disabled Remotely

Tractor manufacturer John Deere has deactivated tractors stolen by Russian troops in the southeastern Ukrainian city of Melitopol. The tractor used the Connected Support Program,...

U.S. To Spend More Than $3 billion On EV battery Manufacturing

The White House has confirmed $3 billion in infrastructure funding to fund battery manufacturing for electric vehicles. The funds, part of the $1 trillion infrastructure...

Tesla’s Share Slide After Investors Fears On Musk Selling Shares

Tesla lost more than $125 billion in market value on Tuesday after investors raised concerns that Musk might be forced to sell shares to...

Autonomous Driving Company Pony.ai Obtain Taxi License In China

Self-driving company Pony.ai has obtained a taxi license in China, allowing some of the company's driverless vehicles to charge fares. The company was licensed to operate...

Customers Continue To Patronize Tesla Despite Price Increase

Despite rising prices, Tesla has continued to enjoy massive patronage from customers. The company's profit soared to $3.3 billion in Q2 2022. While production was...

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