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Lotus CEO warns solid-state batteries still up to a decade from mass production

by InfoVera Team
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Lotus Emira, a sports car, is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center (Shanghai) on April 21, 2023 in Shanghai, China. Vcg | Visual China Group | Getty Images LONDON — The chief executive of British sports carmaker Lotus poured cold water on the idea …

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China’s EV price war turns into AI arms race beyond cheaper cars

by InfoVera Team
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AI signage at the Robert Bosch booth at the Beijing Auto Show in Beijing, China, on Saturday, April 25, 2026. Bloomberg | Bloomberg | Getty Images BEIJING — Electric carmakers in China are layering on more of the same artificial intelligence features as they try to survive a prolonged price war in the world’s largest …

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Amazon debuts Masters coverage, becoming the tournament’s fourth-ever media partner

by InfoVera Team
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Key Points Amazon Prime Video will have two hours of exclusive Masters coverage, from 1 p.m. ET to 3 p.m. ET, on Thursday and Friday. Amazon will not have any tie-ins with its ecommerce business during the broadcast. Rather, it will adhere by the Masters’ strict broadcasting rules. Amazon is only the fourth media partner …

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Nvidia, Microsoft back self-driving firm Wayve as it hits $8.6 billion valuation

by InfoVera Team
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Autonomous driving company Wayve has hit an $8.6 billion valuation after securing fresh funds from Nvidia, Microsoft and Uber. The $1.2 billion Series D round was led by Eclipse, Balderton and SoftBank Vision Fund 2 and also featured automakers Mercedes-Benz, Nissan and Stellantis. Uber will invest up to an additional $300 million in milestone-based capital. …

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Mercedes shares fall 5% after full-year earnings halve on tariffs, China competition

by InfoVera Team
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The Mercedes star, the brand logo of the vehicle manufacturer Mercedes-Benz, rotates on a building of a Mercedes-Benz car dealership. Picture Alliance | Picture Alliance | Getty Images German luxury car manufacturer Mercedes-Benz Group on Thursday reported a steep drop in full-year profit and warned of challenging times ahead, following a year marred by intense …

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