Tesla bot coming out soon
Published in Transportation


If you believe Musk's latest speech

Tesla Chief Executive Elon Musk said the electric automaker would launch a "Tesla Bot" humanoid robot prototype next year, designed for dangerous, repetitive, or monotonous work that people don't like to do, like listening to him make promises he can't keep.

Volvo stalls on chip shortage
Published in Transportation


Down for a week

Inventor of the seat belt, Volvo, has temporarily stopped production at its Swedish plant in Gothenburg due to the shortage of semiconductor chips.

LG profits take a hit from Bolt from the blue
Published in Transportation


Down by more than a fifth

LG Electronics has revised down its second quarter operating profit by more than a fifth to reflect a provision for recall costs for General Motor Bolt electric vehicles.

Qualcomm tries outbid Magna for Veoneer
Published in Transportation


Battle in the car industry 

Qualcomm is having a crack at outbidding Magna in its battle to buy Automotive outfit Veoneer.

Mercedes-Benz to go all electric by 2030
Published in Transportation


Invests $47 billion to make it so

Mercedes-Benz maker Daimler plans to invest more than 40 billion euro, or $47 billion, between 2022 and 2030 to develop battery-electric vehicles, and be ready for an all-electric car market by 2030.