Newly manufactured cars are seen at a port in Dalian, Liaoning Province, China, April 10, 2020. /China Daily via Reuters China's auto industry will likely maintain steady revenues and profits
Lucid Motors is set to unveil its production electric sedan next week and it’s clear the company is targeting Tesla . Over the last few weeks, Lucid has teased notable aspects of the Lucid Air includ
The private launch industry isn’t showing any signs of slowing down, and a new $172 million Series B round of funding for China commercial launch startup iSpace indicates it could be heating up
Global communications startup Kymeta has raised a new $85.2 million funding round, led by Bill Gates . The Redmond-based company has developed a new type of smart, powered flat panel antenna that can
Rocket Lab has made a remarkable recovery after losing a payload during a mission failure on July 4 – just eight weeks later, the company has set a launch window for its next dedicated commercial mis
Scotland’s first proposed spaceport has been fully approved to proceed with construction and operation (via The Northern Times). The facility, which will be built in northern Sutherland on a pen
SpaceX has successfully launched 58 more Starlink satellites for its growing internet broadband constellation. This is the 11th batch of Starlink satellites to go up, bringing the total on orbit to w
Canoo, the Los Angeles-based electric vehicle startup, has struck a deal to merge with special-purpose acquisition company Hennessy Capital Acquisition Corp., with a market valuation of $2.4 billion.
A Tesla store in Shenyang City, China. /CFP Tesla's vehicle registrations in China dropped by 24 percent in July on a monthly basis, given local competitors also make more efforts to share the
Two Iraqi border guard officers and a soldier were killed on Tuesday in an airstrike by a Turkish drone in a border area in Iraq's semi-autonomous region of Kurdistan,
Newly manufactured cars are seen at a port in Dalian, Liaoning province, China, April 10, 2020. /Reuters China's auto sales in July climbed 16.4 percent from a year earlier, the fourth consecu
Hyundai has launched a dedicated EV brand called Ioniq with plans to bring three all-electric vehicles to market over the next four years. The Ioniq brand is part of the Korean automaker’s broad
Nine people were killed and six others injured when an overloaded minibus plunged into a ditch in northeast China's Heilongjiang Province Monday, local authorities sai
VCG Image At least eight people, including six French tourists, were killed on Sunday in southwestern Niger by gunmen riding motorcycles, officials confirmed."There are eight dead: two Nigerie
A new energy vehicle on display in Guangzhou, Guangdong, China, on July 24, 2020. /VCG China will boost domestic demand in the second half of the year, as consumption plays a fundamental role
SpaceX achieved a big win in their Starship spacecraft development program on Tuesday evening, flying the SN5 prototype of that future vehicle to a height of around 500 feet, propelled by a single Ra
Tesla has been counting on China to maintain its sales momentum, and it seems to be on track with the plan.In the three months ended June 30, the automaker’s revenue in China climbed 102.9% yea
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