Tag Archives: Transportation

Tesla adds Airbnb co-founder Joe Gebbia to board

Joe Gebbia, co-founder of Airbnb and chairman of Airbnb.org, during South By Southwest (SXSW) festival in Austin, Texas, U.S., on Sunday, March 13, 2022. Matthew Busch | Bloomberg | Getty Images Tesla has added Airbnb co-founder, designer, and billionaire Joe Gebbia as an independent member to its board of directors …

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China’s new electric cars cost more to insure than fuel-powered cars

In China, new energy vehicles typically receive green license plates – which is often easier for residents to apply for versus the blue license plate of a traditional fuel-powered car. Vcg | Visual China Group | Getty Images BEIJING — While Chinese companies churn out new electric cars, local insurance …

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China extends EV tax break; Li Auto shares fall after delivery outlook cut

Li Auto warned that “supply chain constraint” would mean the company will deliver fewer cars than expected in the third quarter. Meanwhile, China has extended a tax exemption for new energy vehicles until the end of 2023 as it looks to spur growth for electric cars. CFOTO | Future Publishing …

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Elon Musk direct reports at Tesla

Tesla Chief Executive Elon Musk stands on the podium as he attends a forum on startups in Hong Kong, China. Bobby Yip | Reuters Elon Musk has run two ambitious tech companies at the same time ever since he became chairman and later CEO of electric vehicle maker Tesla while …

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Tesla supplier CATL evaluating battery swapping business overseas

CATL is the world’s largest electric vehicle battery maker and supplier to the likes of Tesla and Ford. Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images The world’s largest electric vehicle battery maker CATL is evaluating whether to expand its battery swapping business to international markets, a senior …

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Xpeng breaks out of a lower price range with its more expensive car G9

Xpeng has announced its most expensive car to date. Pictured here at a store in Shanghai, China, on July 2021 are two of Xpeng’s previously released models, a P7 Wing Limited Edition in green and a G3 SUV in blue. Qilai Shen | Bloomberg | Getty Images BEIJING — Chinese …

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Google co-founder’s flying car startup is winding down

Larry Page Justin Sullivan | Getty Images Google co-founder Larry Page’s flying car startup Kittyhawk is winding down, the company announced Wednesday. “We’re still working on the details of what’s next,” the company wrote in a LinkedIn post. related investing news JPMorgan says this company could become a leader in …

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Regent tests prototype electric sea glider: video

Regent, a startup developing electric flying boats, has completed a series of test runs on the Narragansett Bay in Rhode Island to prove its unique vehicles can “float, foil and fly” as expected. The co-founder and CEO of Regent, Billy Thalheimer, said the company has already amassed a backlog of …

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Chinese EV maker Xpeng launches rival to Tesla’s Full Self Driving system

Xpeng launched a feature that allows its cars to semi-autonomously navigate urban environments, marking its latest challenge to U.S. electric vehicle giant Tesla. The Chinese start-up announced Monday that it was piloting a feature known as City NGP, which stands for navigation guided pilot. Xpeng claims that City NGP will allow …

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Uber investigates cybersecurity incident after reports of a hack

Uber said it is “currently responding to a cybersecurity incident” after reports that a hacker compromised its systems. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Uber on Thursday said it is investigating a cybersecurity incident following reports that the ride-hailing company had been hacked. “We are currently …

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