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Rivian Acquires Third Dimension AI, Inc. to Accelerate Advanced Scene Simulation for Autonomous Driving Technology Development
IRVINE, Calif.--(BUSINESS WIRE)--Rivian Automotive, Inc. (NASDAQ: RIVN) today announced it has acquired Third Dimension AI, Inc., a pioneer in AI-powered 3D spatial generation. The strategic transaction will accelerate synthetic data generation and full-world simulation for Rivian's driver assistance and self-driving systems. Third Dimension AI, founded by Tolga Kart and Piotr Sokolski, has developed a simulation platform that transforms real-world data into high-fidelity, controllable 3D envir...
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Core Development Group Marks 15-Year Anniversary as a National Leader in Energy Solutions
MAHWAH, N.J.--(BUSINESS WIRE)--Core Development Group, a leading energy Engineering, Procurement, and Construction (EPC) contractor, celebrates 15 years in business and a strong history of constructing renewable energy solutions. Since its founding, the New Jersey-based firm has grown into a nationally recognized solar energy EPC contractor and a trusted provider of battery storage resiliency and energy infrastructure. Originally formed to help stalled clean energy projects in New Jersey regain...
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Hyundai Translead Expands Planned Illinois Investment and Increases Job Commitment
JOLIET, Ill.--(BUSINESS WIRE)--Hyundai Translead today announced plans to increase its investment in its new Illinois manufacturing operations to $600 million and expand its job commitment to 3,750 full-time positions. Hyundai Translead initially announced in March that it would invest more than $450 million to establish two advanced manufacturing facilities in Will County, creating 2,500 full-time jobs. The addition of a third production shift represents $150 million in planned investment and...
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Tesla Releases Third Quarter 2026 Financial Results
AUSTIN, Texas--(BUSINESS WIRE)--Tesla has released its financial results for the third quarter of 2026 by posting an update on its Investor Relations website. Please visit https://ir.tesla.com to view the update. As previously announced, Tesla management will host a live company update and question and answer (Q&A) webcast at 4:30 p.m. Central Time (5:30 p.m. Eastern Time) to discuss the results and outlook. What: Tesla Third Quarter 2026 Financial Results Q&A Webcast When: Wednesday, O...
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Les véhicules électriques d'occasion pourraient être plus fiables que vous ne le pensez. VinFast facilite leur achat
MARKHAM, Ontario--(BUSINESS WIRE)--Les véhicules électriques circulent depuis plus de deux décennies, offrant ainsi aux chercheurs un ensemble de données réelles de plus en plus important pour évaluer leur résistance au fil du temps. Et ces conclusions pourraient en surprendre plus d’un : des études suggèrent que plus les véhicules accumulent de kilomètres, plus la conception mécanique plus simple des véhicules électriques peut jouer en leur faveur. C’est logique quand on y réfléchit. Contraire...
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Used EVs May Be More Reliable Than You Think. VinFast Is Making Them Easier to Buy
MARKHAM, Ontario--(BUSINESS WIRE)--Electric vehicles have been on the road for more than two decades, giving researchers an increasingly substantial body of real-world data to assess how they hold up over time. And the findings may surprise some drivers: studies suggest that as vehicles accumulate mileage, the simpler mechanical architecture of EVs can work increasingly in their favor. It makes sense when you think about it. Unlike gasoline-powered vehicles, EVs do not require a conventional en...
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Solid Power, Inc. Announces Timing of Third Quarter 2026 Earnings Release and Conference Call
LOUISVILLE, Colo.--(BUSINESS WIRE)--Solid Power, Inc. (Nasdaq: SLDP), a leading developer of solid-state battery technology, today announced that it will release its third quarter 2026 results after market close on Tuesday, November 3, 2026, to be followed by a conference call at 2:30 p.m. MT (4:30 p.m. ET) on the same day.The call may be accessed through a live audio webcast on Solid Power’s Investor Relations website at www.solidpowerbattery.com/investor-relations. An audio replay will be avai...
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Taiwan Excellence to Showcase Next-Gen Automotive Technologies at Reuters Events: Automotive USA 2026 in Detroit
DETROIT--(BUSINESS WIRE)--Taiwan Excellence will showcase automotive technologies from 10 Taiwanese companies at Reuters Events: Automotive USA 2026, Oct. 27–28 in Detroit....
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LiveWire Group to Showcase Expanded Product Portfolio at EICMA 2026
MILWAUKEE--(BUSINESS WIRE)--LiveWire Group, Inc. (NYSE: LVWR), a leader in the electric two-wheel industry, will showcase its most expansive product lineup to date at EICMA 2026 in Milan, Italy. Exhibiting alongside Harley-Davidson, LiveWire Group will display the growing S4 Honcho™ and DUST™ product families, including two all-new models planned for 2027, the European debut of the production S4 Honcho Street, the production-intent DUST Hightail, and the latest STACYC models. “EICMA 2026 repres...
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Hertz-Backed Oro Mobility Secures $80 Million Strategic Equity Investment to Accelerate Independent Growth
ESTERO, Fla--(BUSINESS WIRE)--Hertz Global Holdings, Inc. (NASDAQ: HTZ) today announced that Oro Mobility has secured an $80 million strategic equity investment from a consortium of investors, including Cohen Private Ventures and certain funds or accounts affiliated with each of Certares Opportunities LLC and/or Knighthead Capital Management, LLC or an affiliate. This investment establishes Oro as a standalone growth platform, with the dedicated capital, talent, flexibility and strategic focus...