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Musk says Tesla, SpaceX to build $20B Terafab chip plant in Texas
Proactiveinvestors NA· 2026-03-23 14:16
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for being a forward-looking technology adopter, utilizing technologies to enhance workflows [4] - The company employs automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
Exclusive: Rivian CEO on how its Uber deal came together, and why the AI 'driver' is the future of mobility
Yahoo Finance· 2026-03-23 14:13
Core Insights - Rivian and Uber have finalized a $1.25 billion agreement for up to 50,000 R2 robotaxis, marking a significant collaboration between the two companies [1] Group 1: Deal Overview - The partnership has been in discussion for about a year, with various iterations being considered before finalizing the current deal [2] - The deal is one of the largest in terms of investment and vehicle fleet size for Uber, highlighting the importance of vehicle revenue metrics for Rivian [3] Group 2: Technology and Innovation - Rivian's in-house Autonomy Platform will be utilized for the robotaxis, differentiating this partnership from others that involve third-party tech partners [4] - The company is heavily investing in its autonomous software, which is expected to enhance revenue opportunities not just for robotaxis but also for personal vehicles [6][7] Group 3: Future Outlook - Rivian's investment in the Autonomy Platform is projected to impact profitability targets by 2027, indicating a long-term strategy focused on technological advancement [8]
今日新闻丨尚界Z7/Z7T、问界M6开启预售!享界S9/S9T、 智界R7、智界新S7、问界M8/M7等车型更新896线激光雷达!
电动车公社· 2026-03-23 14:11
Core Viewpoint - The article discusses the pre-sale of several new electric vehicle models, highlighting their specifications, pricing, and features, indicating a competitive landscape in the electric vehicle market. Group 1: Pre-sale Information - The Shangjie Z7 and Z7T have commenced pre-sale with starting prices of 229,800 and 239,800 yuan respectively [2][5] - The Wenjie M6 has also started pre-sale, with prices ranging from 269,800 to 309,800 yuan [10] Group 2: Vehicle Specifications - The Shangjie Z7 features a sporty coupe design, dimensions of 5036/1976/1465mm, and a wheelbase of 3000mm, positioning it as a mid-large vehicle [4] - The Wenjie M6 maintains a family design but targets a younger demographic, with dimensions of 4960/1985/1736mm and a wheelbase of 2950mm [12][18] Group 3: Technology and Performance - Both the Shangjie Z7 and Z7T will be equipped with 896-line LiDAR and the Huawei Qian Kun intelligent driving ADS 4.1 system [7] - The Shangjie Z7 offers a powertrain with a single motor producing 264kW or a dual motor producing 434kW, with a maximum range of 905km and acceleration from 0-100km/h in 3.44 seconds [8] - The Wenjie M6 features a pure electric version with a single motor producing 227kW or a dual motor producing 340kW, with a range of 760/705km [16] Group 4: Market Positioning - The introduction of the 896-line LiDAR in models like the Shangjie Z7 and Wenjie M6 is expected to enhance their autonomous driving and safety capabilities, with a price increase of approximately 10,000 yuan compared to current models [22]
鸿蒙智行10款新车齐发!全系标配896线激光雷达?
电动车公社· 2026-03-23 14:11
Core Viewpoint - Huawei's HarmonyOS Smart Mobility has launched 10 new car models, showcasing a significant expansion in their automotive offerings and technology integration [2][24]. Group 1: New Model Launches - The new models include the Zhijie R7, Zhijie New S7, Shangjie Z7, Shangjie Z7T, Wenjie M6, Wenjie M7, Wenjie M8, Xiangjie S9, Xiangjie S9T, and Zhijie V9 [2]. - Six of these models are annual facelifts, featuring new color options and the latest 896-line dual-path laser radar, enhancing their assisted driving and active safety capabilities [4][7]. Group 2: Key Features and Pricing - The Shangjie Z7 has a pre-sale price starting at 229,800 yuan, while the Shangjie Z7T starts at 239,800 yuan [8]. - Both models are equipped with Huawei's Tuling platform, Whale 800V high-voltage battery platform, and Harmony ALPS Health Cabin 2.0, with a pure electric version offering a CLTC range of up to 905 km [10]. Group 3: Target Market and Design - The Shangjie Z7/Z7T targets a younger demographic with a sporty design, featuring multiple body color options and a 0-100 km/h acceleration time of 3.44 seconds [12]. - The Wenjie M6, with a pre-sale price starting at 269,800 yuan for the range-extended version and 289,800 yuan for the pure electric version, aims to broaden the market reach of the Wenjie brand [15][17]. Group 4: Strategic Positioning - The Wenjie M6 is designed to appeal to younger consumers, similar to the Shangjie Z7/Z7T, with a focus on a compact and sporty design [18]. - The M6 features a length of 4960 mm and a wheelbase of 2950 mm, positioning it as a more compact and sportier alternative to the Wenjie M7 [18]. Group 5: Industry Implications - Huawei's extensive collaboration with various car manufacturers, including Avita and Lantu, indicates a trend towards the widespread adoption of the 896-line laser radar technology across new models [7][8]. - The integration of Huawei's technology into multiple brands suggests a shift in the automotive industry towards a more collaborative ecosystem, where car manufacturers can leverage Huawei's expertise in smart technology [28][29].
Hyundai Expands its Commitment to STEM Education Across the United States
Prnewswire· 2026-03-23 14:07
Core Insights - Hyundai is enhancing its investment in STEM education through its corporate social responsibility initiative, Hyundai Hope, focusing on preparing future innovators [1][10] - The company is expanding partnerships with the STEP Foundation and the SAE Foundation across key states where it operates, including Alabama, California, Georgia, and Michigan [1][6] Group 1: Commitment to STEM Education - Hyundai aims to strengthen local educational opportunities by providing high-quality STEM programming in regions critical to its U.S. operations [2][6] - The initiative is designed to equip students with skills necessary for future careers in the automotive and mobility industries [2][3] Group 2: Partnerships and Programs - The STEP Foundation partnership includes the Georgia Hydrogen Grand Prix, where students learn engineering principles by designing and racing hydrogen-powered RC cars [3][4] - The SAE Foundation's A World In Motion (AWIM) program is being implemented to provide hands-on STEM curriculum for students from pre-K to 12th grade in multiple states [5][7] Group 3: Specific Initiatives and Challenges - In Alabama, the AWIM Gravity Cruiser Challenge engages around 1,000 sixth-grade students in vehicle design powered by gravity [8] - In Georgia, the Skimmer Challenge reaches over 800 fourth-grade students, while in Michigan, various challenges are introduced for third and first-grade students [8][9] Group 4: Broader Impact and Vision - Hyundai's commitment to education is part of its broader "Progress for Humanity" vision, emphasizing the importance of education as a driver of opportunity and long-term success [3][10] - The company is investing $26 billion in the U.S. from 2025 to 2028, highlighting its significant operational footprint and commitment to community development [11]
Stocks Rebound as Crude Oil Sinks After President Trump Eases Iran Threats
Yahoo Finance· 2026-03-23 14:01
Stock index futures initially fell sharply in overnight trading after President Trump gave Iran until Monday evening to reopen the Strait of Hormuz. President Trump on Saturday issued a 48-hour ultimatum for Iran to "fully open" the Strait of Hormuz or the US will obliterate Iran’s various power stations. The ultimatum, which expires at 7:44 p.m. Eastern time on Monday, was met with harsh rhetoric from Iran, with one senior Iranian official saying that if such an attack were to occur, the headquarters and a ...
X @The Wall Street Journal
Two-legged robots have taken over a job in a South Carolina auto parts plant. That’s just the start. https://t.co/aqZWELhEoV ...
BlueOval SK delays layoffs at Kentucky battery plant
Yahoo Finance· 2026-03-23 13:15
Core Insights - The BlueOval SK joint venture, formed by Ford and SK On, is dissolving due to lower than expected demand for electric vehicles (EVs) [3][4][7] - Ford is scaling back its EV production plans, leading to a delay in battery production and layoffs at the Kentucky plant [4][7] Group 1: Joint Venture and Investment - The BlueOval SK joint venture was established in September 2021 with a planned investment of $11.4 billion to build three manufacturing plants in the U.S. for advanced batteries [3] - Ford's commitment to this joint venture was described as its largest manufacturing commitment in history [4] Group 2: Production and Layoffs - The Kentucky plant began initial battery production in August 2025, but Ford has since announced a scaling back of its EV plans [4][6] - Layoffs of approximately 1,500 workers at the Kentucky plant were initially set to begin on February 14, but have been delayed until March 31, affecting around 10% of the remaining workforce [7] Group 3: Ownership Transition - Following the dissolution of the joint venture, Ford will take full ownership of the two battery plants in Kentucky, while SK On will operate the plant in Tennessee [5][6]
NASCAR Star Joey Logano on Life, Racing, and Business | Opening Bid Unfiltered
Yahoo Finance· 2026-03-23 13:00
[music] Welcome to a new episode of Opening Bid Unfiltered. I'm Yo Finance executive editor, Brian Sazy, and uh I am just jacked up for this episode. Normally, you always hear me talking about stocks and leadership and all this other stuff.I I just want to talk sports. We have Joey Logano here. Uh I am a big fan of number 22.He is here on the podcast with me. Joey, good to see you, man. Thanks for doing this.Uh, that backdrop of yours is um, one, awesome, two, well earned. >> Trophies are always good. You a ...
The Breakthrough the EV World Can't Ignore
Accessnewswire· 2026-03-23 12:30
Core Viewpoint - Elektros Inc. has submitted a licensing proposal to Waymo LLC for a groundbreaking electric vehicle charging technology that can reduce charging times from approximately one hour to just 5 to 7 minutes, potentially accelerating global EV adoption [2][3]. Group 1: Licensing Proposal - The proposal outlines a one-year licensing agreement for Elektros' multi-plug electric vehicle charging technology, protected under U.S. Patent No. 12,522,100 B1 [2]. - The agreement is structured to begin on May 1, 2026, and run through May 1, 2027, with the possibility of renewal [5]. Group 2: Technology Impact - Elektros believes its patented technology represents a transformative shift in EV infrastructure by addressing the critical barrier of charging speed, which is essential for widespread EV adoption [3]. - The technology allows electric vehicles to recharge from zero to full in just five to seven minutes, comparable to the time it takes to refuel a gasoline-powered vehicle, marking a significant advancement for the EV industry [5]. Group 3: Strategic Partnership - Elektros selected Waymo due to its leadership and rapid advancements in autonomous vehicle technology, making it an ideal partner for implementing next-generation charging solutions [4][6]. - Waymo's established presence in deploying fully autonomous vehicles in real-world environments positions it uniquely to leverage Elektros' patented technology [4][6].