Rivian CEO’s plan to make EVs cheaper starts with their computers

September 14, 2023
Rivian CEO RJ Scaringe provided more details Thursday on the company’s plans to update the hardware in its EVs next year — under a program internally called Peregrine — that he says will result in major cost savings. One of the biggest payoffs? Changing the electronic control unit (ECU) architecture inside its EVs, Scaringe emphasized […]

GM boosts wage offer as autoworker strike deadline approaches

September 14, 2023
General Motors said Thursday it boosted its contract offer to a 20% wage hike for U.S. autoworkers, including 10% in the first year, in a move to avoid a strike that is scheduled to begin at 11:59 p.m. if no deal is agreed on. The strike by the United Auto Workers union, which represents about […]

French battery maker Verkor scores $2.1B to build gigafactory

September 14, 2023
Another day another monster raise for an EV battery company. This time it’s Verkor, the Renault-backed french battery builder, which said on Thursday that it secured “more than €2 billion” — roughly $2.1 billion USD — to speed up construction of its Dunkirk gigafactory. Verkor produces pouch and cylindrical battery modules for electric vehicles and […]

California hits Google for $93M over deceptive location data options

September 14, 2023
A lawsuit filed against Google by California’s Attorney General over the company’s deceptive and misleading options for managing location data has resulted in a $93 million settlement — and new protections for consumers in the state. As detailed in an incredibly straightforward complaint, Google in several ways appeared to promise users that they could choose […]

Oracle brings its database infrastructure to Microsoft Azure

September 14, 2023
Days after Oracle missed Q1 2023 revenue expectations and gave a downbeat rest-of-year outlook, sending its share price to suffer the worst one-day performance in 21 years, the cloud provider announced a team-up with Microsoft to co-locate a portion of its infrastructure in the Azure cloud. The unusual new offering, called Oracle Database@Azure (with an […]