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Toyota Investing Another $500 Million in Flying Cab Start-up Joby Aviation

Toyota Investing Another $500 Million in Flying Cab Start-up Joby Aviation

As the first flying cabs approach production, Toyota is more than doubling down on its stake in Joby Aviation, a California-based an electric air mobility start-up that is now test flying its first production prototypes.

Mercedes-AMG Sees Big Opportunities for Performance EVs

Mercedes-AMG Sees Big Opportunities for Performance EVs

While a number of automakers are rethinking their plans for EVs, Mercedes remains committed to the transition to battery-electric propulsion. And that includes its high-performance division, AMG. If anything, AMG CEO Michael Schiebe is convinced buyers “will jump into that new technology” as new models come to market.

Hurricane Helene Could Trigger Another Major Semiconductor Shortage

Hurricane Helene Could Trigger Another Major Semiconductor Shortage

The damage wrought by Hurricane Helene could take months to calculate but it also could be felt worldwide. The floods that roared through the mountainous western part of North Carolina devastated one town, in particular, that is known for more than just its scenic views. It’s one of the world’s largest sources of the “high-purity quartz” needed to produce semiconductors. And it could touch off another major chip shortage in the months ahead.

Ford Powers Promise of EVs by Offering Free Home Chargers

Ford Powers Promise of EVs by Offering Free Home Chargers

Ford CEO Jim Farley announced plans today to offer free home chargers and installation to buyers of the company’s slow-selling electric vehicles. Farley took to LinkedIn to outline the company’s newest incentive, the Ford Power Promise, to sell EVs while continuing to show his advocacy for them. Get details at Headlight.News.