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Tesla’s Cybercab event set for Thursday, with few details
1+ week, 3+ day ago (593+ words) By Chris Kirkham and Akash Sriram Sept 3 (Reuters) – Tesla will unveil its two-seater Cybercab at an event in Texas on Thursday, offering a closer look at the autonomous vehicle that CEO Elon Musk has said is key to transforming the…...
Satellite maker Muon Space valued at $1.5 billion, source says
3+ week, 3+ day ago (324+ words) Aug 20 (Reuters) – Satellite-constellation developer Muon Space has raised $250 million in a Series C funding round as it looks to expand manufacturing capacity amid rising demand for space-based infrastructure. The company was valued at $1.5 billion in the round, a source familiar…...
Gov. Evers, WisDOT Announce Grants to Support 42 NEW Electric Vehicle Charging Stations Across Wisconsin
4+ day, 6+ hour ago (216+ words) Kwik Trip #1281 near I-43 Kwik Trip #1197 near US-151 AmericInn by Wyndham Boscobel near US-61 Country Inn & Suites by Radisson – Milwaukee North near WI-100 Best Western Stanton Inn near US-10 Kwik Trip #1979 near WI-21 Best Western Dodgeville Inn & Suites near US-18 Eagle…...
Hyundai lifts margin target, expands US hybrid lineup
2+ week, 4+ day ago (584+ words) By Heekyong Yang and Heejin Kim SEOUL, Aug 26 (Reuters) – Hyundai Motor on Wednesday unveiled plans to add 1.27 million units of production capacity by 2030 and expand its U.S. hybrid lineups, as the South Korean automaker seeks to lift its operating profit…...
Tesla signals Oct 1 launch for long-delayed Roadster
22+ hour, 6+ min ago (186+ words) Sept 12 (Reuters) – Tesla on Saturday posted a countdown on its website pointing to an October 1 launch of the Roadster, nearly a decade after the electric-vehicle maker first revealed a next-generation version of its original sports car. • Tesla posted “Go for…...
Italy’s Intesa Sanpaolo holds stake in SpaceX worth nearly $1 billion in second quarter
3+ week, 6+ day ago (112+ words) MILAN, Aug 17 (Reuters) – Italy’s biggest bank Intesa Sanpaolo held a stake worth about $966 million in Elon Musk’s SpaceX as of June 30, an SEC filing showed. • Intesa held nearly 5.66 million shares in the rocket and satellite company at the end of…...
Honda, Nissan target FY2029 roll-out for jointly developed vehicle software, control units
1+ week, 6+ day ago (118+ words) TOKYO, Aug 31 (Reuters) - Japanese automakers Nissan and Honda said on Monday they will jointly develop standardised electronic control units of software-defined vehicles and in-vehicle operating systems. The companies plan to equip next-gen... TOKYO, Aug 31 (Reuters) â Japanese automakers âNissan…...
Trading Day: Tech, tariffs & Treasuries
2+ week, 5+ day ago (463+ words) ORLANDO, Florida, Aug 24 (Reuters) – U.S. bond yields fell and tech weighed on U.S. stocks on Monday, as investors digested a raft of economic measures and developments coming out of Washington: U.S. Treasury’s plans to increase buybacks of long-dated bonds, new…...
Waymo taps Pimco, Blackstone to raise $3 billion debt, Bloomberg News reports
1+ week, 3+ day ago (212+ words) Sept 2 (Reuters) – Alphabet’s Waymo is in the final stages of talks to raise debt for the first time, seeking more than $3 billion from lenders including Pacific Investment Management and Blackstone, Bloomberg News reported on Wednesday, citing people familiar with the…...
Volkswagen teases new SUVs, pickups for North American market
1+ week, 3+ day ago (254+ words) DETROIT, Sept 3 (Reuters) – Volkswagen announced on Thursday it was exploring new SUV and pickup offerings for North America, the latest example of how automakers are increasingly relying on region-specific strategies to confront trade tensions and varying consumer appetites. • The German…...