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Car-sharing startup Turo has filed confidentially for an IPO

Turo, the peer-to-peer car-sharing startup, has initiated the confidential process of filing for an initial public offering with the U.S. Securities Exchange Commission.The number of shares to be offe

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Afghan air force pilot killed in targeted Taliban attack

In this picture taken on August 6, 2021, Afghan security personnel patrol along a road on the outskirts of Herat. (AFP) Afghan Air Force pilot Hamidullah Azimi was killed in a bomb attack on S

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GM lifts profit outlook on strong pricing despite chip shortage

General Motors lifted its 2021 profit forecast Wednesday on strong vehicle pricing amid limited car inventories due to the semiconductor chip shortage.The big U.S. auto

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Wing Loong-2 UAV supports relief efforts in flood-ravaged town

00:27 China has dispatched its self-developed Wing Loong-2 unmanned aerial vehicle (UAV) to support relief efforts in flood-ravaged Mihe Town, central China's Henan Pro

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ChargePoint to buy European charging software startup for $295M

ChargePoint struck a deal to buy European charging software company has.to.be for €250 million ($295 million) in cash and stock, the electric vehicle charging network’s first acquisition since i

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Watch as a plane dumps thousands of fish into a lake

00:52 Thousands of fish were dropped from a plane into lakes in the U.S. state Utah, last Tuesday (July 6), to repopulate them with marine life.As the lakes are located in remote areas

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Rocket startup Gilmour Space raises $46M Series C to take its small launch vehicle to orbit

Australian rocket launch startup Gilmour Space Technologies is betting that bigger isn’t always better. The company has developed a small launch vehicle it calls Eris, a 25-meter (82 foot) rocket that

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Mexico decriminalizes recreational use of cannabis

Mexico's Supreme Court struck down laws which criminalized the recreational use of cannabis on Monday evening.The decisive 8-3 ruling comes after advocates pushed for d

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GM’s newest startup aims squarely at the commercial EV market

Ford and GM’s century-old battle for market share is no longer restricted to gas- and diesel-powered passenger car, truck and SUV sales. The hottest market in the next decade is commercial and e

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Tesla recalls 285,000 cars in China over issue with cruise control

More than 285,000 Tesla vehicles in China have issues with their assisted driving software. /AP U.S. Electric car giant Tesla is to update the software on more than 285,000 cars in China follo

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Turkish police detain 47 officers over failed coup

A Turkish special forces soldier stands guard next to the courthouse as a vehicle transporting prisoners passes the Silivri district in Istanbul, Turkey, December 27, 2016. /AFP Turkish police

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Tesla will accept bitcoins when miners use more clean energy: Musk

Tesla CEO Elon Musk arrives on the red carpet for the Axel Springer media award in Berlin, Germany, December 1, 2020. /CFP Elon Musk, CEO of electric vehicle maker Tesla, tweeted on Sunday tha

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Apple confirms hiring of Ulrich Kranz, former CEO of EV company Canoo

Apple has hired the former co-founder and CEO of electric vehicle company Canoo to help with the development of the Apple Car, Bloomberg first reported, citing unnamed sources. Apple has confirmed to

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Apple confirms hiring of Ulrich Kranz, former CEO of EV company Canoo

Apple has hired the former co-founder and CEO of electric vehicle company Canoo to help with the development of the Apple Car, Bloomberg first reported, citing unnamed sources. Apple has confirmed to

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2 security officers killed in suicide bombing attack in Libya

Two Libyan security officers were killed and four others wounded in a suicide bombing attack against a security checkpoint in the southern Libyan city of Sabha on Sunday.The attack took place at arou

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Elon Musk officially hits the brakes on Tesla Model S Plaid+

Tesla CEO Elon has made it official and publicly cancelled plans to produce the Model S Plaid+, a supercharged version of the upcoming Plaid version of the electric vehicle that will be delivered to t

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GM, Palantir-backed Wejo to go public via SPAC

Wejo, the connected vehicle data startup backed by GM and Palantir, plans to go public through a merger with special purpose acquisition company Virtuoso Acquisition Corp. The agreement, announced in