Irish Star

Tesla's parking lots, ports, and factories appear to be filling up with unsold electric vehicles (EVs) around the world as the automaker's first quarter saw deliveries drop 8.5 percent from the year before

Unsold Teslas pile up in EV graveyard as Elon Musk's financial woes deepen

Georgia State

Rivian has teased five new vehicles as part of their tie-up with Volkswagen. Three of the models are slated to be based on a new “affordable mass market” architecture. All of the models are a mystery, but one could potentially be a redesigned delivery van. Rivian is still...

Rivian Teases Five New Models, Hints At Affordable EVs

Rivian teased five new vehicles beyond the previously announced R2 and R3. Rivian might be working on a smaller electric pickup truck alongside new SUVs. The new vehicle teasers come as Volkswagen announces it will invest $5 billion in Rivian. Rivian may be working on more models beyond the R2...

Rivian teases 5 vehicles in announcing tie-up with VW Group

First up, we’ve got Formation Bio, an AI-focused drug development startup that just raised a whopping $372 million in Series D funding, led by Andreessen Horowitz. This brings their total funding to over $600 million. Formation Bio is leveraging AI to streamline the R&D process in drug development, making it faster and cheaper. Their AI applications help in patient recruitment, predict drug toxicity and improve overall drug efficacy. With their eczema treatment in phase 3 trials, and other promising candidates in the pipeline, Formation Bio is off to the races to shake up the pharma industry.

AI-powered drug development, VW teams up with Rivian and DEI is ‘bad’

Tesla is losing its lead over legacy automakers in the quality of its new all-electric vehicles, according to an annual influential study conducted by J.D. Power. The study attributes Tesla's growing problems to a negative response from customers after the company removed traditional feature controls, such as turn signals and wiper stalks.

Tesla loses its EV quality edge as repair problems continue to plague the market

Besides a new Cherokee and Renegade, Jeep is working on a redesigned Compass. The models will be joined by facelifted versions of the Grand Cherokee and Wagoneer / Grand Wagoneer. Jeep is also embracing electrification and will offer a total of six EVs by the end of 2027. Jeep recently...

Jeep Confirms New Compass, Updated Grand Cherokee And Wagoneer

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NewSantaAna

The FBI has seen a rise in scams targeting timeshare owners. In this kind of scam, criminals con these part-time property owners into shelling out hefty sums of cash, all under false pretenses related to their timeshare properties.

FBI warns that Mexican cartels are targeting Americans with timeshare scams

FinanceBuzz

Electric vehicles have become more interesting to some car buyers and now may have special privileges for Costco members.

Electric Vehicles Aren’t Selling, so General Motors Turns to Costco for Help

21 countries have EV plants or are about to get them. Is the continent wisely attuned to a strategic opportunity — or getting ahead of itself?. Editors note: There is perhaps no better digest of climate business news from Africa than Oliver August’s weekly newsletter, Green Rising. It is a breezy, informative read that captures the energy and excitement of climate business developments across the continent. August’s report:

Whisper it quietly, but Africa is starting to mass-manufacture electric vehicles

Rohlik — which means “baker” in Czech (and also a little roll the baker might make) — has aimed to carve out a differentiated position. Its focus has been on operating smaller warehouses and linking up ties with local producers and sellers, such as butchers and fishmongers, rather than reproducing what a large supermarket might sell online (or indeed stock in a physical store). In reference to the Rohlik of its name, it bakes bread at its distribution centers.

Rohlik rolls up $170M to expand in European grocery delivery and sell its tech to others

Motor1.com

Toyota, Mazda, and Subaru recently announced that they're joining forces to develop next-generation combustion engines. However, another Japanese automaker has taken a radically different approach by deciding to stop investing in gasoline and diesel power altogether. Nissan says it's pretty much done spending cash on new ICE technology. Australian magazine...

Nissan Has Stopped Spending Money on New Gas Engines

Mobile phones purchased from a carrier are generally locked to that carrier until either the contract is up or the phone is paid off. But despite improvements to the process over the years (unlocking was flat-out illegal not long ago), it still isn’t quite clear to all consumers when and how they can unlock their phone and take it to the carrier (or country) of their choice.

FCC rule would make carriers unlock all phones after 60 days

Jio’s revised pricing structure, effective July 3, sees its entry-level Rs 155 ($1.87) plan, offering 2GB of data and unlimited calls, increase to Rs 189. Similarly, a plan providing 1GB of daily data usage will rise from Rs 209 to Rs 249. Jio is raising prices of its two-month, three-month, annual, postpaid and data add-on plans as well.

Reliance Jio kicks off Indian telecom price hike

An electric vehicle’s largest, most important and most expensive component is its high-voltage battery pack. Many newer bespoke EVs are built around their battery pack, and some have even incorporated it as an integral part of their chassis structure. The battery pack must store the vast amounts of electricity required by an EV, not only to provide enough power for daily driving but also to ensure a sufficient range to minimize the owners' charging anxiety.

12-Volt Batteries On Electric Cars: Everything You Need To Know

Interesting Engineering

This compact and powerful battery, designed for electric vehicles, achieves an 80% charge in a mere four minutes.

Record-shattering Nyobolt’s EV battery charges 10-80% under 5 minutes

California State

Alameda Post

California regulators just stopped AT&T from pulling the plug. California’s Public Utilities Commission on June 20 rejected AT&T’s application to stop providing landlines and other services in areas where there is no other option.

Still Need Your Landline?

While it might be true that electric vehicles prioritize economy and environmental friendliness, it goes without saying that they sure can offer a visceral and untamed driving experience with instant acceleration unlike any other. This includes even daily driveable cars such as Tesla's Model S 'Plaid' and Lucid's Air 'Sapphire' trims. Nevertheless, in a recent Top Gear interview with Lamborghini's CTO Rouven Mohr, the executive claimed that the venerable supercar manufacturer's future electric offerings will not be focusing on acceleration alone, but rather on the maneuverability and driving emotion that the raging bull is known for.

Lamborghini executive claims electric lamborghinis will offer manoeuvrability not possible before, will retain driving emotion

Electric vehicle maker Polestar announced on Thursday that will start offering a new entry level variant for its Polestar 3 model with the introduction of a new Long Range Single Motor variant. A few days after announcing the 2025 Polestar 2, the brand under the Geely Holding Group continues the...

Polestar Launches New Entry Level Variant of Polestar 3 with Single Motor

From huge stores of customers’ personal information getting scraped, stolen and posted online, to reams of medical data covering most people in the United States getting stolen, the worst data breaches of 2024 to date have already surpassed at least 1 billion stolen records and rising. These breaches not only affect the individuals whose data was irretrievably exposed, but also embolden the criminals who profit from their malicious cyberattacks.

The biggest data breaches in 2024: 1B stolen records and rising

Missouri State

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CJ Coombs

The first time my family walked into a Ponderosa Steakhouse was in the late 1960s. It was new and the experience was great. Like other new restaurants, if the management doesn't stay on top, the quality of service can decline. The location we went to did change through the years, but in the beginning, it was great.

The 1960s: the Ponderosa and Bonanza Steakhouses are still around in some states

NewsBreak

VW taps Rivian in $5B EV deal and the fight over Fisker’s assets

Am I the only one whose head is spinning from all of the transpo news this week? Reminder, it’s only Thursday morning. Let’s jump in!. Oh...

VW taps Rivian in $5B EV deal and the fight over Fisker’s assets

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