Automotive
7 articles
Ford Rehires Hundreds of Veteran Engineers to Fix AI Failures
Ford Motor Company recently rehired approximately 350 engineering staff after an internal initiative to replace some employees with AI tools did not yield expected outcomes, according to HOKANEWS .
Evotrex Secures $30 Million for Off-Grid RVs
Despite a $160,000 price tag, 90 percent of orders for Evotrex's new PG5 RV are for the fully loaded Premium package.
GM invests $900M in new EV battery tech for future vehicles
General Motors is pouring $900 million into a new Battery Cell Development Center near Detroit, aiming to produce its first proprietary lithium-manganese-rich (LMR) cells by early 2027.
Hyundai Motor India Launches Innovation Challenge for Startups
Cambridge GaN Devices (CGD), a startup, recently won a Hyundai Open Innovation Challenge for its robust EV traction inverter technology.
Hyundai Launches Innovation Challenge 2026 for Mobility Startups
Hyundai Motor India, a major automotive manufacturer, has launched the Hyundai Innovation Challenge 2026, a six-month program inviting startups to co-develop mobility and technology solutions.
Rivian R2 Premium SUV Deliveries Begin June 9
Rivian will begin delivering its R2 electric SUVs on June 9, a full year ahead of previous estimates, but only for trims starting just under $60,000, according to Electrek .
BMW i Ventures Launches $300M Fund for AI Robotics Investments
Even before officially deploying capital from its new $300 million fund, BMW i Ventures had quietly backed five unnamed AI startups through its previous fund, demonstrating a deep, ongoing commitment