lowcost
By Gilles Guillaume PARIS (Reuters) – Renault (EPA:) CEO Luca de Meo’s bet on a low-cost gearbox technology is allowing the French carmaker to gain ground in Europe’s fast-growing hybrid car market, giving it some breathing space as rivals get squeezed by the electric mobility challenge. Demand for expensive electric…
Defense tech startup Anduril announced a new range of cruise missiles on Thursday that it says can be mass-produced at low cost to help the US in a near-peer war.Anduril said the key to its new Barracuda missile is its flexibility, through a modular system that can make the missile…
Ukraine used one or several lightweight exploding drones to fell a Russian MI-8 helicopter in Donetsk this week, according to Russian military bloggers.If confirmed, the hit would mark the first time a helicopter was revealed to be destroyed by a drone during the war, further highlighting a growing variety of…
By Heekyong Yang SEOUL (Reuters) -South Korea’s LG Energy Solution (LGES) is in talks with about three Chinese suppliers to produce low-cost electric vehicle batteries for Europe, a senior executive said, with competition set to intensify after the EU slapped extra tariffs on China-built EVs. LGES’ potential partnerships come as…
(Reuters) -Tesla has canceled the long-promised inexpensive car that investors have been counting on to drive its growth into a mass-market automaker, according to three sources familiar with the matter and company messages seen by Reuters. The automaker will continue developing self-driving robotaxis on the same small-vehicle platform, the sources…
By Hyunjoo Jin, Norihiko Shirouzu and Ben Klayman (Reuters) -Tesla has canceled the long-promised inexpensive car that investors have been counting on to drive its growth into a mass-market automaker, according to three sources familiar with the matter and company messages seen by Reuters. The automaker will continue developing self-driving…
