Tesla, the company headed by a CEO who has called lidar a “crutch” and “fool’s errand,” spent at least $2 million on Lidar sensors in 2024—about 10% of the manufacturer’s revenue this quarter alone.  As reported by The Verge, that number comes directly from lidar maker Luminar, which revealed in its quarterly earnings report that Tesla…

Tesla, the company headed by a CEO who has called lidar a “crutch” and “fool’s errand,” spent at least $2 million on Lidar sensors in 2024—about 10% of the manufacturer’s revenue this quarter alone.  As reported by The Verge, that number comes directly from lidar maker Luminar, which revealed in its quarterly earnings report that Tesla…

Fisker is in trouble. While we’ve heard that some other automakers may be interested in giving the EV startup a lifeline, the California headquarters has closed in the meantime and contract manufacturer Magna says it’s not planning to make any more Ocean SUVs. And for Magna, that also means job cuts.  Welcome back to Critical Materials,…

Fisker is in trouble. While we’ve heard that some other automakers may be interested in giving the EV startup a lifeline, the California headquarters has closed in the meantime and contract manufacturer Magna says it’s not planning to make any more Ocean SUVs. And for Magna, that also means job cuts.  Welcome back to Critical Materials,…

Troubled electric automaker Fisker has reportedly begun the process of closing its main headquarters in Manhattan Beach, California. News of the impending closure was broken by Business Insider which received tips from three different Fisker sources that employees were asked to gather their belongings as part of a move to the company’s R&D facility in…

Troubled electric automaker Fisker has reportedly begun the process of closing its main headquarters in Manhattan Beach, California. News of the impending closure was broken by Business Insider which received tips from three different Fisker sources that employees were asked to gather their belongings as part of a move to the company’s R&D facility in…

When Volkswagen launched the ID.3, it was plagued by many issues stemming from its poorly designed and unfinished infotainment software. Subsequent updates made the ID.3 a much better car. Now, Volkswagen is giving it a completely new infotainment system, more power and an improved preconditioning function, allowing quicker charging. The big news is the new…

When Volkswagen launched the ID.3, it was plagued by many issues stemming from its poorly designed and unfinished infotainment software. Subsequent updates made the ID.3 a much better car. Now, Volkswagen is giving it a completely new infotainment system, more power and an improved preconditioning function, allowing quicker charging. The big news is the new…

Toyota is one of a handful of automakers that believe hydrogen fuel cell electric vehicles (FCVs) are the future of zero-emissions transportation, even though its hydrogen passenger cars never really caught on. However, while fuel cells may not be the best suited for cars, as Toyota’s Mirai vehicle line has proven, they may be a…

Toyota is one of a handful of automakers that believe hydrogen fuel cell electric vehicles (FCVs) are the future of zero-emissions transportation, even though its hydrogen passenger cars never really caught on. However, while fuel cells may not be the best suited for cars, as Toyota’s Mirai vehicle line has proven, they may be a…