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    Lyft to lay off over 1000 people amid cost cutting measures

    This announcement follows a previous reduction in headcount in November last year when Lyft cut 700 jobs or about 13 per cent of its workforce at the time.

    Australia Aims to Boost Electric Vehicle Sales with New Fuel Efficiency Standard

    Australia is set to introduce new fuel efficiency standards as part of its National Electric Vehicle Strategy in an effort to increase the adoption...

    Tesla recalls 422 Model 3 vehicles over issues with its suspension part

    The recall of the Tesla Model 3 units equates to around one percent of the total vehicles, a report suggests. American electric vehicle maker Tesla is...

    Tesla Model X SUVs being investigated for concerns around seat belt failure

    The National Highway Traffic Safety Administration (NHTSA) has launched an investigation into Tesla Model X SUVs from 2022 and 2023, affecting approximately 50,000 vehicles,...

    Destinus and Spanish Government Collaborate to Revolutionize Air Travel with Hydrogen-Powered Flight

    Destinus, a Swiss start-up, has secured funding from the Spanish government to accelerate the development of its hydrogen-powered passenger jet, which could reduce travel time from Europe to Australia to just over four hours

    Lamborghini Revuelto Replaces the Aventedor and Has Over 1000 hp!

    Lamborghini has introduced Revuelto, a groundbreaking super sports car that combines innovative design, hybrid technology, and powerful engines to create a new paradigm in the world of automotive engineering

    Logistics solutions provider Venti raises $28.8 million in a Series A funding

    Venti's financing round was led by LG Technology Ventures.  Singapore-based logistics solutions provider Venti Technologies announced on Tuesday that it secured $28.8 million in a Series A...

    General Motors planning to bring ChatGPT in vehicles

    General Motors is planning to power vehicles with an AI assistant, backed by OpenAI's ChatGPT technology.  The automaker said it could use ChatGPT to...

    Tesla reportedly slashes prices of Model S, Model X in U.S.

    Following Tesla’s price cut in mid-January, other electric carmakers like Ford and Lucid trimmed the prices of their automobiles.  American automobile company Tesla has...

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