The U.S. government’s highway safety agency has ordered automakers to report any crashes involving fully autonomous vehicles or partially automated driver assist systems. The move Tuesday by the National Highway Traffic Safety Administration indicates the agency is taking a tougher stance on automated vehicle safety than in the past. It has been reluctant to issue […]
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A major wireless technology trade fair kicked off in Barcelona on Monday with scaled-back attendance and beefed-up health and safety measures, changes that reflect the new reality for industry conventions in the pandemic era. Mobile World Congress was canceled at the last minute last year because of COVID-19 concerns. Its 2021 revival makes it one […]
Just around one month ago, Tesla stopped accepting Bitcoin as payment for vehicles citing precisely environmental concerns as the main reason. The reason for this is that Bitcoin, and in fact, most cryptocurrencies, use an energy exhaustive method to mine and complete transaction. The creation of new Bitcoins, or mining, is essentially rewarding the user, […]
Daniel Sánchez is one of the luckier electric car owners in Spain. With a free recharging station less than a kilometer from his home just north of Barcelona, he can keep his Tesla ready to roll. “I cannot imagine stopping at a gas station ever again,” the 41-year-old transport company owner said. “We feel like […]
Republicans in Congress are alarmed by the leak of confidential IRS data to the investigative news organization ProPublica, enabling it to reveal that famous billionaires including Warren Buffett, Bill Gates and Mark Zuckerberg paid little in U.S. income tax at times. A senior IRS official said Thursday that a federal criminal investigation into the leak […]
If the auto industry is to succeed in its bet that electric vehicles will soon dominate the roads, it will need to overcome a big reason why many people are still avoiding them: fear of running out of juice between Point A and Point B. Automakers have sought to quell those concerns by developing EVs […]
Ford expects 40% of its global sales to be battery-electric vehicles by 2030 as it adds billions to what it’s spending to develop them. The automaker said in a presentation for investors Wednesday that it will add about $8 billion to its EV development spending from this year to 2025. That brings the total spend […]
Cryptocurrency has dominated worldwide headlines, taken over the minds of basically every tech enthusiast, FinTech genius, business, and global governments across the spectrum. Everyone is either buying it, investing in it, or mining it; through rise and fall, people are in full swing with crypto wallets popping up as far as the finger can scroll. […]
Even by Bitcoin’s standards, Wednesday was pretty wild. The price of the famously volatile digital currency fell nearly 30% at one point after the China Banking Association warned member banks of the risks associated with digital currencies. The decline narrowed to below 10% in the afternoon, but Bitcoin had still lost about $70 billion in […]
Germany’s only state governor from the rising Green party on Wednesday announced ambitious new climate targets that includes boosting new technologies so that “Tesla will soon only see our tail lights.” The wealthy southwest German state, home to German automakers Mercedes-Benz and Porsche, aims to achieve “net zero” emissions by 2040 — five years earlier […]