The U.S. government has approved a conditional loan of $6.6 billion to electric vehicle maker Rivian to support the construction of its long-awaited factory in Georgia. The loan, consisting of $6 billion in principal and approximately $600 million in capitalized interest, is part of the Department of Energy’s Advanced Technology Vehicle Manufacturing program, which has also funded EV production facilities for companies like Ford and Tesla. Rivian, led by CEO RJ Scaringe, plans to use the new plant near Atlanta to manufacture its midsize platform, which supports models like the R2 SUV and the R3 and R3X crossovers. The company announced on Monday that the plant, set to begin...
Concerns about a potential tariff war between China and other major exporting nations are sustaining diplomatic efforts between the world’s second-largest economy and the European Union, despite stalled trade discussions over electric vehicles. While the U.S. election on Tuesday is expected to bring additional American restrictions on Chinese goods, European negotiators are focused on...
Asus' ROG Ally X is a handheld gaming console making waves in the gaming community. As a successor to the original ROG Ally, the X variant brings several enhancements, making it a compelling option for gamers on the go.
Design and Build Quality
The ROG Ally X maintains its predecessor's sleek and futuristic design. The...
Panasonic Energy, a key supplier to electric vehicle (EV) giant Tesla, is poised to ramp up its high-capacity battery production significantly. This strategic move aims to meet the surging demand for EVs and solidify Panasonic's position as a leading player in the global battery market.
According to recent reports, Panasonic Energy invests heavily in research...
China is rapidly transforming its skies into a new economic frontier. The nation is at the forefront of developing and testing a low-altitude economy, with cargo drones and air taxis taking center stage. Recent breakthroughs in this domain mark significant strides towards a future where transportation and logistics are revolutionized.
Engineers have successfully conducted...
Apple's annual iPhone refresh is just around the corner, with the iPhone 16 series expected to launch sometime in September. This year's iteration might bring more than performance upgrades and camera improvements. Rumors suggest a significant change in store for the iPhone's signature facial recognition system, Face ID.
The speculation around a revamped Face ID...
Tech enthusiasts in India anticipating the arrival of Microsoft's latest devices, the Surface Laptop 7 and Surface Pro 11, might have reason to cheer. A recent leak suggests the pricing for these machines in the Indian market, hinting at a possible imminent launch.
Previously unveiled in May 2024, these devices boast of being the first...
Dark matter, the enigmatic substance that dominates the universe's mass, continues to elude us. Its gravitational influence is undeniable, yet its true nature remains a tantalizing mystery in the realm of physics. One particularly fascinating avenue of exploration is ultralight dark matter, particles so ethereal they interact with regular matter even less than their...
Volvo Cars is making waves in the electric vehicle (EV) industry by becoming the first automaker to implement an EV battery passport. This innovative document, designed for their upcoming flagship EX90 SUV, promises a new level of transparency and sustainability within the car manufacturing sector. The passport will act as a detailed record, outlining...
Apple's major supplier, Foxconn, is among several manufacturing companies in Vietnam that have voluntarily been asked to reduce their electricity consumption. This precautionary measure comes after power shortages caused significant disruptions and billion-dollar losses last year.
According to sources familiar with the situation, Vietnamese officials requested a 30% reduction in power usage at Foxconn's assembly...
Microsoft is making a bold move towards artificial intelligence (AI) with the upcoming unveiling of new hardware and software features focused on consumer devices. This announcement, set for today, May 20th, 2024, at their Redmond, Washington campus, comes just ahead of their developer conference, hinting at a strategic push towards a more AI-powered future.
The...
South Korean auto giants Hyundai Motor and Kia Corp are reviving their ambitions for connected cars in China by joining forces with domestic tech leader Baidu. The collaboration, announced on April 28, 2024, signifies a strategic move for all parties involved, aiming to capitalize on the burgeoning connected car market in the world's most...
Assassin's Creed Mirage, the franchise's return to its roots, captivated players with its focus on a young Basim Ibn Ishaq. While the game delivered a complete story experience, fans eager for more of Basim's past might be disappointed to learn there's no DLC planned. However, the developers have hinted that his journey may continue...
