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electric vehicles

Hesai to Slash Lidar Prices by 50% in 2024, Boosting Adoption in Electric Vehicles

Hesai to Slash Lidar Prices by 50% in 2024, Boosting Adoption in Electric Vehicles

Hesai Group plans to cut lidar prices by 50% in 2024, making the technology more accessible for electric vehicles and driving widespread adoption. The move is expected to boost safety and enhance autonomous driving features in EVs worldwide.

Volkswagen Increases Investment in Rivian to $5.8 Billion, Accelerating Electric Vehicle Tech Sharing

Volkswagen Increases Investment in Rivian to $5.8 Billion, Accelerating Electric Vehicle Tech Sharing

Volkswagen boosts investment in Rivian to $5.8B, expanding their electric vehicle tech partnership to accelerate innovation and cut costs in EV development.