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Lucid Motors has reported a significant contraction in its manufacturing output for the third quarter of this year, building 2,954 electric vehicles (EVs). This figure represents a sharp 54% decline compared to the same period last year. According to the company, this reduction is a deliberate strategic move rather than a failure of manufacturing capability;…
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Saudi Arabia’s first homegrown electric-vehicle manufacturer is stepping onto the global stage, setting up a complex and intriguing rivalry with an American automaker that the kingdom already controls. Ceer Motors, a joint venture that is majority-owned by the kingdom’s sovereign wealth fund, the Public Investment Fund (PIF), officially unveiled two flagship electric vehicle models during…
Mobile Technology
The debut of the iPhone Duo represents a significant milestone in Apple’s hardware history,...
Startups & Venture Capital
The Indian government has firmly rejected accusations made by Elon Musk that SpaceX’s satellite...
Gaming & VR
The recent news regarding the closure of BioWare has sent shockwaves through the gaming...
Startups & Venture Capital
Pinterest is evolving its platform from a simple digital scrapbook into an active participant...
