Rivian continued to close the gap on losses, reduce costs and ramp up production in the third quarter with results that beat Wall Street expectations and suggested a rosier future, including raising its annual production guidance from 52,000 to 54,000 vehicles. The EV maker reported Tuesday (after markets closed) revenue of $1.33 billion, a figure driven … Read more
Lucid has revised its 2023 production outlook amid softening demand for luxury electric vehicles, the company said Tuesday in its third-quarter earnings report. The EV maker said it will produce 8,000 to 8,500 vehicles by the end of the year, down from previous guidance of more than 10,000, to “prudently align with deliveries.” In the … Read more
By Mike Stone WASHINGTON (Reuters) – The U.S. Army needs Congress to approve $3.1 billion to buy 155 millimeter artillery rounds and expand production to quickly replace stocks depleted by shipments to Ukraine and now Israel, an Army official said on Tuesday. The U.S. and allies have sent more than 2 million rounds of 155 … Read more
(Reuters) -Rivian Automotive reported better-than-expected third-quarter revenue on Tuesday and raised its production forecast for the full year by 2,000 vehicles to 54,000 units. Shares of Rivian, which closed 1.4% higher, rose more than 3% in volatile after-hours trading. However, Rivian’s smaller rival Lucid cut its production forecast on Tuesday “to prudently align with deliveries”, … Read more
Cruise is pausing production of its purpose-built robotaxi, the Origin — the autonomous vehicle company’s latest setback amid suspended operations and increased scrutiny from regulators. Forbes first reported the news, citing audio of Cruise CEO Kyle Vogt’s address at an all hands meeting Monday. TechCrunch has confirmed the news with sources who spoke to us … Read more
KYIV, Ukraine — Ukraine’s newly appointed head of defense industry says he is working tirelessly to ramp up local arms production and wants to turn the country into a weapons production hub for the West. Oleksandr Kamysyhin, the minister for strategic industries of Ukraine, said that Russia’s invasion of his country and the Israel-Hamas war … Read more
The Big Picture Lightning strikes, plane crashes, and bombings plagued the cursed production of The Omen, leaving a trail of eerie events and tragic accidents. Even animals were affected by the curse, with Rottweilers attacking trainers and baboons causing genuine terror during filming. The most tragic event was the real-life decapitation of Liz Moore, which … Read more
TL;DR: A lifetime subscription to the Noiselab Music Production Hub is on sale for £49.25, saving you 83% on list price. Whether you’re ready to create your own beats, or you’d like to turn other musicians’ music into gold, it’s never been easier to learn the ins and outs of music production. If you’ve ever … Read more
UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan. Steve Fecht for Chevrolet DETROIT – General Motors said Tuesday it is delaying production of all-electric trucks at a Michigan plant by at least a year … Read more
The first season of Daryl Dixon, a Walking Dead spinoff featuring Norman Reedus’ incredibly popular character, was primarily filmed in France. This is a far cry from the Senoia, Georgia locale where The Walking Dead had been filmed for nearly a decade. When the team landed in Europe, they quickly found out that the French … Read more