Did a Hacker Gang Create a Botnet Out of 3 Million Electric Toothbrushes?
The answer is: No, but you’d be forgiven for having believed that was the case since a viral news story made the rounds earlier this week claiming it was so.
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The answer is: No, but you’d be forgiven for having believed that was the case since a viral news story made the rounds earlier this week claiming it was so.
Toyota is pumping $1.3 billion into its factory in Kentucky for “future electrification efforts,” including the production of a currently unnamed three-row electric SUV for the US market. The news comes as a bit of a surprise, as the largest automaker in the world is also one of the most hostile toward the industry-wide shift to EVs.
Toyota says the money will fund an EV assembly line at its Kentucky plant, as well as battery pack assembly with EV batteries supplied by its facility in North Carolina. The company has said it would invest a total of $17 billion in its US operations to support the shift to EVs.
Of course, this may come as cold comfort to environmentalists, who have been battling the automaker for years over its anti-EV…
Ford created a “skunkworks” lab two years ago with the mission of developing affordable electric vehicles, the company’s CEO said in an earnings call Tuesday. The team is being led by Alan Clarke, who worked at Tesla for 12 years before joining Ford as executive director of advanced EV development, according to TechCrunch.
Ford, like other global automakers, is scrambling to perfect the formula for profitable electric vehicles. The company’s Model e unit, which oversees EVs and software products, reported a loss of $1.6 billion in the last quarter of 2023. Ford said it would slow the pace of money it was spending on EVs in order to better match customer demand.
But the revelation of a skunkworks lab working on low-cost EVs proves that…
Ford created a “skunkworks” lab two years ago with the mission of developing affordable electric vehicles, the company’s CEO said in an earnings call Tuesday. The team is being led by Alan Clarke, who worked at Tesla for 12 years before joining Ford as executive director of advanced EV development, according to TechCrunch.
Ford, like other global automakers, is scrambling to perfect the formula for profitable electric vehicles. The company’s Model e unit, which oversees EVs and software products, reported a loss of $1.6 billion in the last quarter of 2023. Ford said it would slow the pace of money it was spending on EVs in order to better match customer demand.
But the revelation of a skunkworks lab working on low-cost EVs proves that…
The Lion Electric Company (NYSE: LEV) reported first quarter 2023 earnings results today. Revenue increased to $54.7 million from $22.6 million in the same period last year, mainly due to […]
The post Key highlights from Lion Electric Company’s (LEV) Q1 2023 earnings results first appeared on AlphaStreet.
Tesla officially broke ground Monday on a Texas lithium refinery, making it the only U.S. automaker to refine its own lithium. CEO Elon Musk said the refinery will produce enough battery grade lithium for 1 million electric vehicles by 2025, which would make Tesla the largest processor of lithium in North America. Tesla will continue […]
Tesla’s new Texas lithium refinery to support 1M electric vehicles by 2025 by Rebecca Bellan originally published on TechCrunch