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Automotive parts supplier to lay off 444 employees in Riverside
KANSAS CITY, Mo. — Another automotive parts supplier notified Missouri officials this week of plans to layoff employees. The latest filing, made Monday, came from Yangfeng International Automotive Technology Co. Ltd. The company plans to close its facility at 4110 NW Helena in Riverside in November 2024; 444 employees, including 398 union employees, will be…
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What Interest Rates Mean For People Who Want To Buy A Car Right Now
If you’re a car dealer or a consumer, the news that the Federal Reserve cut its benchmark rate target by 0.5 points (or 50 bps) is music to your ears. It is as smooth and sweet as Steely Dan and a cold Mai Tai at The Rusty Pelican. But it doesn’t mean cars will become…
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AVVA Mobility Unveils Enterprise Technology Platform Empowering Automotive Companies to Seamlessly Launch Subscription Services
Company to speak at MOVE America conference DALLAS, Sept. 19, 2024 /PRNewswire/ — AVVA Mobility, a Dallas-based automotive technology innovator, today unveiled its platform set to transform how everyday Americans access vehicles. Born from the success of its consumer-facing service, AVVA Mobility is now extending its reach to automotive manufacturers and mobility providers, offering an Enterprise…
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The LLM Car: A Breakthrough in Human-AV Communication
As autonomous vehicles (AVs) edge closer to widespread adoption, a significant challenge remains: bridging the communication gap between human passengers and their robotic chauffeurs. While AVs have made remarkable strides in navigating complex road environments, they often struggle to interpret the nuanced, natural language commands that come so easily to human drivers. Enter an innovative…
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AV developer Nuro plans to license its tech to automotive OEMs
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Autonomous driving technology developer Nuro plans to license its “Nuro Driver” autonomous driving platform to automotive OEMs and other mobility providers, per a Sept. 11 press release. The news expands Nuro’s business model as it aims…
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World’s first self-charging car hits market in weeks but can only drive 40 miles
THE first car to self-charge using solar power has hit the market, and thousands of drivers are eager to get behind the wheel. Even though the car can only go a few dozen miles using solar tech, drivers can’t wait to save time and money on recharging the battery. 4 The world’s first self-charging car…
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Why consumers should consider buying an electric vehicle
KUTV — As gas prices continue to rise, many consumers are exploring cost-effective alternatives to traditional gasoline-powered vehicles. One such option gaining popularity is the electric vehicle (EV). Kaime Stroot spoke to Torsten Klunker about electric vehicles. Here’s why an EV might be the right choice for you and what you need to know about…
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Geotab Reveals EV Batteries now Lasting More Than 20 Years
David Savage, Vice President for the UK and Ireland at Geotab, notes: “With these higher levels of sustained health, batteries in the latest EV models will comfortably outlast the usable life of the vehicle and will likely not need to be replaced.” Dispelling myths about EV battery reliability Despite the improved data on EV battery…
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Solid-State Electrolytes to Boost Next-Gen Vehicle Battery Life
Researchers at Oak Ridge National Laboratory have developed a thin, flexible solid-state electrolyte that has the potential to double energy storage in next-generation vehicles, cell phones, laptops, and other devices. Credit: Adam Malin/ORNL, U.S. Dept. of Energy Researchers at a prominent university have made a groundbreaking discovery in solid-state electrolytes that could significantly transform energy…
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Most electric-car batteries could soon be made by recycling old ones
Despite a slowdown in electric-vehicle (EV) sales in some countries, demand for batteries was up by around 40% globally last year, and seems likely to continue at a similar pace. Consequently, the world’s appetite for lithium, the vital ingredient in the lithium-ion (Li-ion) batteries that dominate the EV market, is expected to exceed 2.4m tonnes…
