The FinTech Hub
Source: The Verge EV maker BYD unveiled “Lingyuan,” a vehicle-mounted drone launching system developed in collaboration with DJI that is available for all of the company’s vehicles, reports Chinese state media outlet Xinhua. The system is only available in China, like BYD’s vehicles, and costs 16,000 yuan (or about $2,197). BYD’s video below, reposted by…
Source: The Verge Tesla is planning to install dozens of Supercharger sites at Steak ‘n Shake locations across the country, according to an exchange between the companies on X. The companies have signed an agreement for over six sites, with over 20 more to come. And if Steak ‘n Shake gets its way, possibly 100…
Source: The Verge Electric vehicle charging network EVgo changed its terms of service Thursday to include new language explicitly prohibiting the use of high-speed DC extension cables and breakaway adapters at the company’s stations. The terms, which go into effect March 8th, are another bump in the road for enterprising companies looking to cash in…
Source: The Verge The EV4 sedan was first announced as a concept in 2023, but it’s now a real car. It comes in two versions. One has a funky rear that stretches out to look like a traditional 4-door car. The other, a “five-door” hot-hatch-looking version will primarily be for the European market, according to…
Source: The Verge Rawlinson won’t be leaving the company. Instead, he’ll be assuming the role of “Strategic Technical Advisor to the Chairman of the Board,” the company said. Chief operating officer Marc Winterhoff will serve as interim CEO while the board initiates a search for a new chief executive. “Now that we have successfully launched…
Source: The Verge Volvo is continuing to drop hints about its upcoming high-tech electric sedan, the ES90, ahead of the EV’s official reveal next month. Today, the Swedish automaker provided new details about the ES90’s range and battery efficiency, calling it “a car that goes further and charges faster than any electric Volvo before.” That’s…
Source: The Verge Tesla is starting to push a software update to its customers in China that appears to fulfill a long-gestating goal for the company to offer its controversial Full Self-Driving features in its largest car market. Or does it? According to Not a Tesla App, its unclear whether the version of FSD that…
Source: The Verge On a recent Saturday afternoon, around 50 sign-wielding protesters stood outside the Tesla showroom in Manhattan’s Meatpacking neighborhood, screaming insults at passing Tesla vehicles. “Don’t buy a Swatsticar!” The excitement peaked when an unsuspecting Cybertruck suddenly pulled around the corner. As a woman in the passenger seat stared wide-eyed out the window,…
Source: The Verge The General Services Administration (GSA), which manages buildings owned by the federal government, is planning to shut down all of its electric vehicle chargers nationwide, describing them as “not mission critical.” The agency, which manages contracts for the government’s vehicle fleets, is also looking to offload newly purchased EVs. The GSA currently…
Source: The Verge Rivian announced a significant milestone today, reporting its first “positive gross profit” in its fourth quarter earnings for 2024. It was a sign that the struggling company’s efforts to slash costs through the gut overhaul of its R1 electric vehicles is starting to yield some positive results. But dark clouds loom ahead,…
