Topic: market challenges

  • Telo Raises $20M for Compact Electric City Trucks

    Telo Raises $20M for Compact Electric City Trucks

    California startup Telo has secured $20 million in Series A funding to develop its compact MT1 electric pickup, targeting urban drivers with a smaller, more efficient vehicle. The MT1 is designed for city life with a footprint similar to a Mini Cooper but offers a five-foot bed and a claimed 350-...

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  • GM Halts Electric Chevy BrightDrop Van Production

    GM Halts Electric Chevy BrightDrop Van Production

    General Motors is discontinuing Chevy BrightDrop electric van production at its Ontario plant due to weak demand in the commercial EV sector, leading to unsold inventory. The decision, influenced by slower market growth and changing regulations, will affect the workforce, with GM considering alte...

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  • Robotics Market to Hit $205.5 Billion by 2030

    Robotics Market to Hit $205.5 Billion by 2030

    The global robotics market is projected to grow from $90.2 billion in 2024 to $205.5 billion by 2030, driven by diverse applications and a 15% CAGR. Fastest-growing segments include exoskeletons (38% CAGR), drones (19% CAGR), and logistics robots (18% CAGR), with service robots remaining the domi...

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  • iPhone 18: Apple's Biggest Redesign in Years

    iPhone 18: Apple's Biggest Redesign in Years

    Apple is planning a major iPhone redesign for the iPhone 18 series, potentially altering its traditional fall launch structure and introducing a dramatically different model lineup. The delay of the iPhone Air 2 to spring 2027, due to adding a second rear camera, may result in a fall 2026 lineup ...

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  • Valve's Steam Machine Price Hint Revealed

    Valve's Steam Machine Price Hint Revealed

    Valve aims to price the Steam Machine competitively with the cost of building a comparable PC, though external factors like tariffs and supply chain issues make a precise figure uncertain. Unlike traditional console makers, Valve will not sell the hardware at a loss, instead pricing it to reflect...

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  • Porsche's Most Powerful Car Ever Is an Electric Cayenne

    Porsche's Most Powerful Car Ever Is an Electric Cayenne

    Porsche has launched its first all-electric Cayenne, representing a strategic shift for the brand amid financial challenges and intense competition in the luxury EV market. The electric SUV delivers exceptional performance, with the Turbo variant producing 1,139 horsepower and accelerating from 0...

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  • Porsche Shifts Gears: Gas Engines Over EVs

    Porsche Shifts Gears: Gas Engines Over EVs

    Porsche is shifting its strategy back toward internal combustion engines due to concerns about electric vehicles' performance and long-term value in high-end sports cars. Incoming CEO Michael Leiters brings a background in both Porsche's culture and external innovation, having previously question...

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  • Ledger's New Nano: More Than Just a Crypto Wallet

    Ledger's New Nano: More Than Just a Crypto Wallet

    The Ledger Nano Gen5 is a larger, $179 device rebranded as a versatile "signer," featuring a nearly three-inch E Ink touchscreen for improved usability and security in reviewing transactions. It aims to attract a broader audience beyond cryptocurrency users by positioning itself as a secure tool ...

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  • EV Tax Credit Ends: What's Next for Electric Cars?

    EV Tax Credit Ends: What's Next for Electric Cars?

    The federal electric vehicle tax credit has expired, removing a key $7,500 incentive for buyers and creating uncertainty for automakers who invested heavily in EV production. US car companies now face the challenge of selling more expensive electric vehicles without the rebate, as price sensitivi...

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  • The Jeep Recon Lives: An Off-Road Icon Reborn

    The Jeep Recon Lives: An Off-Road Icon Reborn

    The 2026 Jeep Recon is a fully electric SUV confirmed for production, drawing inspiration from the Wrangler and launching in the U.S. and Canada in early 2026 with a starting price of $66,995. It boasts impressive performance with 650 horsepower and 620 lb-ft of torque, a 250-mile range, and is t...

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  • LG Q3 2025 Earnings Report: Key Financial Results Revealed

    LG Q3 2025 Earnings Report: Key Financial Results Revealed

    LG Electronics achieved its second-highest Q3 revenue ever at KRW 21.87 trillion, driven by strong performances in Home Appliance and Vehicle Solution divisions despite external challenges like U.S. tariffs and a cooling EV market. The company's strategic focus on B2B solutions, non-hardware vent...

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  • Apple Vision Pro M5 Review: A Powerful Upgrade, But Still a Solo Experience

    Apple Vision Pro M5 Review: A Powerful Upgrade, But Still a Solo Experience

    The Vision Pro is a technologically impressive VR headset, but its isolating nature and the habit of strapping on a device make it one that users can easily do without in favor of simpler alternatives like iPhones or TVs. Key upgrades in the new model include the M5 processor for improved perform...

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  • Fairphone's New Plan to Make You Care About Sustainability

    Fairphone's New Plan to Make You Care About Sustainability

    Fairphone 6 leads in ethical smartphone production with fair labor practices, modular design, and long-term support, but low sales show consumers prioritize brand and affordability over sustainability. The Fairphone 6 features 12 replaceable components and industry-leading repairability, yet annu...

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  • Lightspeed Invests in Snabbit: India's Rising Home Services Star

    Lightspeed Invests in Snabbit: India's Rising Home Services Star

    India’s home services sector is being transformed by digital startups like Snabbit, which offers on-demand solutions for household needs, addressing inefficiencies in the traditionally informal market. Snabbit recently raised $19 million in Series B funding, valuing the company at $80 million, an...

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  • Rivian's Revolutionary E-Bike Redefines Electric Cycling

    Rivian's Revolutionary E-Bike Redefines Electric Cycling

    Rivian's new brand, Also, has launched the TM-B electric bicycle, TM-Q electric quad bike, and Alpha Wave helmet, aiming to innovate urban mobility with enhanced safety and connectivity features. The TM-B e-bike features a unique pedal-by-wire DreamRide drivetrain, modular design for cargo and pa...

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  • Magnus Svensson on Modular Broadcast Tech at Streaming Media 2025

    Magnus Svensson on Modular Broadcast Tech at Streaming Media 2025

    Magnus Svensson advocates for modular, component-based broadcast architectures to allow media companies to choose best-of-breed solutions and avoid vendor lock-in, emphasizing AI-driven orchestration and open-source development as key innovations. Eyevinn Technology attracts international clients...

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  • Volvo Fixes EX90 SUV Bugs With Major Software Update

    Volvo Fixes EX90 SUV Bugs With Major Software Update

    Volvo has released a major software and hardware update for its EX90 SUV to fix technical issues like unresponsive screens and malfunctioning driver assistance systems that delayed its launch. The update introduces an 800-volt architecture for faster charging and uses Nvidia's Drive AGX Orin chip...

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  • VUZ Raises $12M to Expand Immersive Video in Emerging Markets & US

    VUZ Raises $12M to Expand Immersive Video in Emerging Markets & US

    VUZ secured $12 million in pre-Series C funding led by IFC to expand its immersive 360-degree video platform in emerging markets and the U.S. The platform differentiates itself with VR-enabled experiences and exclusive deals, growing to 15 million users and 3 billion lifetime views. VUZ focuses o...

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  • Microsoft Forced to Deny Next Xbox Cancellation Rumors

    Microsoft Forced to Deny Next Xbox Cancellation Rumors

    Microsoft has officially denied rumors of canceling its next-generation Xbox console, reaffirming its commitment to developing future first-party hardware and its collaboration with AMD on custom silicon. Despite the denial, skepticism remains due to Microsoft's history of strategic pivots, and c...

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