Tesla has caused a ruckus in the electric vehicle market by slashing the Model Y's price to $46,990, which is now $759 less than the average transaction price for a car or truck in the U.S. * This massive $20,000 reduction from a year ago is one of...
President Joe Biden announced sanctions on Russian crude oil [https://www.nytimes.com/2022/03/08/world/europe/biden-bans-russian-oil.html] on March 8. The formal embargo comes in the wake of rising gas prices in the US, as an increasing number of corporations refuse to import Russian crude. The Cost...
BMW unveiled a concept iX Flow that could change the color of its paint job with the press of a button at CES 2022. The car is wrapped in a type of electronic paper that can change the exterior colors to black, white, and some shades of gray in an...
Tesla has been continuing its record deliveries for the past six consecutive quarters. The company delivered 936,172 electric vehicles in 2021, almost doubling its 499,550 count in 2020. Thanks to surging demand in China, Q4 alone saw 308,600 deliveries, up 70% from last year. CEO Elon Musk...
Rolls-Royce’s all-electric plane, Spirit of Innovation, has broken the world speed record for electric planes after reaching a top speed of 387.4 mph (623 km/h) during a test flight on November 16th. Propelled by a 500+ hp electric powertrain, the record flight spanned a distance of ~2...
Volvo unveiled a self-driving wheel loader prototype, the LX03, developed based on a Lego model, specifically the 42081 Lego Technic Concept Wheel Loader Zeux. The autonomous wheel loader is electric, can carry loads up to 5 tons, and can work up to eight hours, depending on the job. The LX03...
