Shift Technologies initiates a reverse stock split to boost share price
The reverse stock split is “primarily intended” to bring Shift Technologies’ share price into compliance with the Nasdaq stock exchange’s minimum bid price requirement of $1.
Automakers pay white hat hackers much less compared with other industries
Some automotive companies pay hackers “bug bounties” to find software vulnerabilities in their vehicles.
NHTSA opens safety probe into 120,000 Tesla Model Y crossovers for detachable steering wheels
In a document made public Wednesday, NHTSA’s Office of Defects Investigation said it was aware of two reports of “complete detachment of the steering wheel from the steering column while driving.”
Commerical electric trucks take center stage at work truck show in Indy
Shyft Group and several start-ups are using the NTEA Work Truck Show in Indianapolis to debut new electric commercial trucks.
Porsche, Ferrari push e-fuels at the heart of Europe's ICE ban debate
Porsche and Ferrari are seeking to exempt e-fuels from the EU’s planned 2035 ban on new internal combustion engine vehicles.