Honda is undergoing a significant transformation in the electric age, with its "0 Series" initiative and partnership with Sony. The company aims to have all new vehicles be hybrid or fully electric by 2040. The "0 Series" features a new design philosophy, with sleek prototypes unveiled at CES 2025. Honda is also collaborating with Sony on the AFEELA, a vehicle that combines automotive engineering with digital innovation. Meanwhile, the company faces mounting competition from Chinese EV manufacturer BYD, which has become a global juggernaut with cost-effective and in-house developed EVs. Despite this, Honda remains committed to its vision, with its president stating that the company will offer a full range of mobility options, even in 2050.
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April 26, 2025 • By MarketBeat News
Mobix Labs' (NASDAQ:MOBX) stock price rose 5.4% to $0.79 on Friday, with 47,717 shares traded. The company has a market cap of $31.35 million and a debt-to-equity ratio of 0.23. Mobix Labs reported a quarterly loss of $0.52 per share and revenue of $3.17 million. Large investors, including Vanguard Capital Wealth Advisors and Geode Capital Management LLC, have recently increased their positions in the company. Mobix Labs provides wireless and connectivity solutions for next-generation communication systems, including 5G and high-bandwidth cable applications.
April 25, 2025 • By Kirsten Korosec
The US Department of Transportation has introduced a new Automated Vehicle Framework, which includes a standing general order (SGO) on crash reporting for vehicles with advanced driver-assistance systems and automated driving systems. The SGO allows companies five days to submit a report if a vehicle with a Level 2 system is involved in a crash, and changes reporting requirements for vehicles with Level 2 driving automation that have been towed away after a crash. In other news, Slate, a Bezos-backed EV startup, has unveiled its vehicle, which is being pitched as a "transformer" due to its unique design. Ather Energy, an Indian startup, has cut the size of its initial public offer by 18%. DoorDash is looking to buy Deliveroo for $3.6 billion, and Electra, a hybrid electric aircraft startup, has raised $115 million in a Series B round. Additionally, Tesla has started testing its autonomous ride-hail service with employees, and Volkswagen of America and Uber plan to launch a commercial robotaxi service using autonomous electric VW ID. BUZZ vehicles. Tesla's earnings report showed a 71% decrease in profits, but investors are focusing on the company's potential as an AI company and its upcoming autonomous vehicle ride-hailing service. The Federal Trade Commission has filed a lawsuit against Uber, alleging the company charged customers for its Uber One subscription service without their consent. Meanwhile, Delta SkyMiles members can now earn points when they ride with Uber or order delivery through Uber Eats as part of a new partnership between the two companies.
April 25, 2025 • By The Associated Press
California regulators have proposed new rules to allow testing of self-driving heavy-duty trucks on public roads. The state's Department of Motor Vehicles announced the proposal, which would permit testing of autonomous commercial semi-trucks over 10,001 pounds. Currently, California is the only state that explicitly bans such testing, while other states like Texas, Arizona, and Arkansas already allow it. The proposal is subject to a public comment period until June and may face opposition from labor unions representing commercial truck drivers, who are concerned about safety and job losses due to automation. The new regulations would also enhance data reporting for manufacturers and give the DMV more authority to enforce measures against companies.
April 25, 2025 • By thestreet.com
Tesla's stock surged nearly 10% on April 25 due to a government push toward self-driving vehicles. US Transportation Secretary Sean Duffy introduced a new framework for autonomous vehicles, easing some rules and allowing certain autonomous vehicles to operate without human drivers. This development drove Tesla's strong week, with the company's stock finishing on a high note.
April 25, 2025 • By JAIMIE DING Associated Press
California regulators have proposed allowing the testing of self-driving heavy-duty trucks on public roads. The state's Department of Motor Vehicles announced the proposed regulations, which would permit the testing of autonomous commercial semi-trucks over 10,001 pounds. Currently, California is the only state that explicitly bans self-driving heavy-duty trucks, while other states like Texas, Arizona, and Arkansas already allow testing. The proposal is subject to a public comment period until June and may face opposition from labor unions representing commercial truck drivers, who are concerned about safety and job loss due to automation. The proposed regulations also include enhanced data-reporting requirements for manufacturers and give the Department of Motor Vehicles more authority to enforce regulations.
April 25, 2025 • By Colin Laidley
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April 25, 2025 • By The Greek Analyst
A new generation of young Greek innovators is making waves globally in aerospace, robotics, and automotive engineering. Students from universities such as Aristotle University of Thessaloniki and the National Technical University of Athens are designing, building, and launching experimental rockets, competing in international competitions, and creating high-efficiency electric vehicles. Greek roboticists are also making a name for themselves, with teams like WRO Hellas and the Greek National Robotics Team winning medals in global competitions. Additionally, companies like Acumino, Agroverse, and Altus LSA are pushing the boundaries of innovation in Greece. Despite the challenges, these young innovators are proving that homegrown Greek talent can make a significant impact globally.
April 25, 2025 • By investing.com
California has proposed testing autonomous heavy-duty vehicles on public roads, as reported by investing.com on April 25, 2025. This move is part of the state's efforts to advance the development and deployment of autonomous vehicle technology. The testing of autonomous heavy-duty vehicles on public roads is a significant step forward, as it could potentially improve road safety, reduce traffic congestion, and increase efficiency in the transportation of goods. However, the proposal also raises concerns about the safety and regulatory frameworks that need to be put in place to ensure the safe operation of these vehicles.
April 25, 2025 • By fdemott@businessinsider.com (Filip De Mott)
Tesla's stock has surged 20% since CEO Elon Musk announced he will devote more time to the company, starting in May. Musk had been working with the Trump administration for the past three months, which had politicized the Tesla brand and led to boycotts and weak sales. The news of his return to Tesla has been seen as a positive development by analysts, with some hoping it will mark the start of an enduring recovery. Additionally, the US Department of Transportation's announcement of looser rules on autonomous vehicles has provided a fresh catalyst for gains, with the stock trading as high as $286.85 per share by Friday.
April 25, 2025 • By theverge.com
Alphabet CEO Sundar Pichai announced that Waymo may sell autonomous vehicles for personal ownership in the future. During an earnings call, Pichai discussed Waymo's long-term business model, which includes expanding partnerships and potentially selling self-driving cars to individuals. This move could mark a significant shift in the company's approach, as it currently focuses on commercial applications such as ride-hailing and trucking.
April 25, 2025 • By Fred Lambert
Tesla is facing a dilemma as its core business is struggling, with declining vehicle deliveries and automotive gross margins. Despite this, the company's stock has risen 20% after reporting its worst earnings in years, indicating that it has become a "meme stock" that trades on Elon Musk's reputation rather than its financial performance. Musk's leadership has been criticized for being too focused on autonomous driving and not diverse enough in terms of vehicle lineup, leading to a decline in EV sales. However, removing Musk as CEO could lead to a crash in the stock price, as many investors believe in his vision for the company's future. The author argues that Tesla needs new leadership to save its business, but this could come at the cost of a significant decline in stock price. The situation is complex, and the author is seeking ideas on how to resolve it.
April 25, 2025
The California DMV has proposed new regulations for testing and deploying self-driving vehicles, including light-duty robotaxis and heavy-duty driverless trucks. The regulations would require vehicle makers to obtain permits for testing with a human safety driver, complete a certain number of test-drive miles, and then obtain another permit for driverless testing. They would also need to obtain a final permit to deploy driverless vehicles in California. The proposed rules would allow autonomous trucks to be tested on public roads and require all autonomous vehicle makers to adhere to new data-reporting requirements and comply with the state's standards for driverless vehicle interactions with first responders. The public can comment on the proposed regulations for 45 days, until June 9, 2025.
April 25, 2025 • By Alex Lockie
Department of Transportation Secretary Sean Duffy on Thursday released a video announcing a new federal framework for autonomous vehicles as part of what he called the department's "Innovation Agenda…
April 25, 2025 • By Thomas Barrabi
Chinese electric car maker BYD has doubled its profits to $1.3 billion in the first quarter, surpassing its key rival Tesla. BYD's quarterly revenue rose 36% to $23.51 billion, while Tesla's quarterly profit plunged 71% to $409 million. BYD's sales of electric vehicles and plug-in hybrids rose 60% to nearly 1 million, while Tesla's vehicle shipments sank 13% to 336,681. BYD aims to export 800,000 vehicles to international markets this year, posing a threat to US automakers. Despite not selling vehicles in the US due to tariffs, BYD manufactures up to 80% of its car components in-house, insulating it from tariffs. Meanwhile, Elon Musk expects to dedicate more time to Tesla, reducing his involvement with other projects.
April 25, 2025 • By Thomas Maxwell
Slate Auto, a new electric vehicle startup, has unveiled its first vehicle, the Slate Truck, a small electric pickup truck with 150 miles of range and a starting price of $20,000, including federal tax incentives. The truck features a traditional design with no frills, such as an infotainment system, and uses crank windows and steel wheels. The vehicle is customizable, with owners able to convert it from a two-seat pickup to a five-seat SUV using flat-pack kits. Slate has raised over $100 million from investors, including Jeff Bezos. The Slate Truck is positioned as a practical, daily driver or fleet vehicle, with a focus on affordability and simplicity, and is expected to appeal to those who want a basic, no-frills electric vehicle. However, questions remain about the company's ability to fulfill its promise of a $20,000 price tag and the competitiveness of the vehicle in the market.
April 25, 2025 • By Frank DeMatteo
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