Luminar CFO defends lidar maker’s pricing and revenue

A Mercedes-Benz van retrofitted with unique types of lidar devices, together with Luminar’s Iris, to showcase the distinctions in the systems. Michael Wayland / CNBC Lidar maker Luminar Technologies, stung…

EV charger makers brace for slowdown as new Made In America rules kick in

SAN FRANCISCO – Makers and operators of electrical car chargers in the United States are bracing for a slowdown in generation and deployment as they scramble to comply with “Created…

NHTSA May Require Pre-2021 EVs, Hybrids to Retrofit Noise Makers for Safety

NHTSA has opened an investigation to figure out regardless of whether EVs and hybrids dating again to 1997 should really be essential to emit the exact audible pedestrian warning seems…

Lidar makers Ouster, Velodyne complete merger

The New York Stock Trade welcomes Ouster Inc. (NYSE: OUST), right now, Friday, March 12, 2021, in celebration of its Preliminary Listing. To honor the event, Ouster CEO Angus Pacala,…

Lidar makers Ouster and Velodyne agree to merge

The New York Inventory Exchange welcomes Ouster Inc. (NYSE: OUST), nowadays, Friday, March 12, 2021, in celebration of its First Listing. To honor the occasion, Ouster CEO Angus Pacala, joined…

EV makers face cash squeeze amid soaring battery, production costs

Output of electric Rivian R1T pickup vans on April 11, 2022 at the company’s plant in Normal, Sick. Michael Wayland / CNBC In the changeover from fuel-driven autos to electrical,…

Chip makers have a message for car makers: Your turn to pay

The shortages of computer chips that forced world automakers to scrap generation plans for hundreds of thousands of vehicles above the previous two many years are easing – at a…

South Korean EV battery makers in $13 billion spree to win U.S. market

SEOUL — South Korean battery makers have stepped up their U.S. expenditure ambitions and cumulative spending announcements considering the fact that 2018 now full some $13 billion. This calendar year…

Chinese EV makers see march deliveries surge

Chinese electric carmakers Nio, Xpeng and Li Vehicle are experiencing several headwinds like better raw product costs and a resurgence of Covid in China. However, they all posted a surge…

Japan parts makers halt output after 7.4-magnitude earthquake

TOKYO — Japan’s Renesas Electronics Corp, Murata Producing Co Ltd, Sony Team Corp and other precision areas makers halted some operations on Thursday just after an earthquake jolted the country’s…