The chief executive of electric car maker Tesla Motors says his company plans to pay back an Energy Department loan in half the time required by the U.S. government. CEO Elon Musk said Tesla plans to pay off the $465 million federal loan in five years, rather than 10 years.
Everybody has heard the now-clichéd term, ‘too big to fail’, and all of the negative connotations that are associated with said title. Also, I’m sure most, if not all, of you have heard or read something about the recent problems Boeing is experiencing with the Lithium Ion batteries.
Nissan Motor Co. launched a new model of its high-end sedan Teana in China on Tuesday, a world premiere that underlines the increasing weight of the Chinese market for the Japanese automaker. According to Nissan officials, this is the first time the company launched a new car model in China ahead of all other markets.
Huawei, a Chinese company that recently became the world's third-largest maker of smartphones, calls its new flagship product "the fastest smartphone in the world" and wants to use it to expand global awareness of its brand. Parts of the presentation of the phone at a press conference Sunday in Barcelona, Spain, suggest that the company has some way to go in polishing its pitch for a global audience.
Scientists at a lab at the Savannah River Site are studying ways to power vehicles using natural gas. The Savannah River National Laboratory is partnering with Ford Motor Co., the University of California-Berkeley and BASF. The project is funded by a $5.5 million grant by the U.S. Department of Energy.
Boeing has developed a plan that it intends to propose to federal regulators to temporarily fix problems with the 787 Dreamliner's batteries that have kept the planes on the ground for more than a month, a congressional official told The Associated Press on Wednesday.
PlanetSolar is the first boat to travel around the world on sunlight alone. Christian Ochsenbein, the on-board electrical engineer during the 19-month journey, shows off the yacht's power system. For more information visit http://spectrum.ieee.org.
Using small explosions produced by a mix of methane and oxygen, researchers at Harvard have designed a soft robot that can leap as much as a foot in the air. That ability to jump could one day prove critical in allowing the robots to avoid obstacles during search and rescue operations following a disaster.
Car safety has come a long way since the very first Ford Model-T took to the streets back in 1908. From air bags to digital rear-view mirrors, drivers can now feel more comfortable when they get behind the wheel — and safer. Now that the driver is more secure, the automotive industry has shifted its sights to increased safety features for pedestrians.
As part of National Engineers Week, AMT partnered with the SME Education Foundation, Gardner Business Media, and Modern Machine Shop magazine to produce a video titled "Women in Engineering," featuring Becky Miller, a Quality Control Engineer at GE Aviation. The purpose of this video is to educate young women about the possibilities offered by a career in manufacturing.
It's not often that environmental organizations and the coal industry come down on the same side of a policy debate. But that's happening in West Virginia, where both groups have concerns about Gov. Earl Ray Tomblin's proposal to eliminate a state tax incentive for plug-in electric cars and other alternative fuel vehicles.
It's been a rough few years for Blackberry, watching as its phones lost market share to the likes of Apple and Samsung. Trying to reverse its fortunes, the Canadian company overhauled its hardware and software, and the result is the Blackberry Z10. Here's a breakdown of the first BlackBerry 10 device that shows the Z10's costs are competitive with Apple's iPhone.
High-powered charging stations may be popping up in a mall parking lot near you as Canadian companies look to expand the number of places hybrid and electric cars can stop and juice up. The Canadian International Auto Show in Toronto features not only bold concept vehicles, but also several firms looking to plant a charging station in your home and on the highway.
A future in which unmanned drones are as common in U.S. skies as helicopters and airliners has moved a step closer to reality with a government request for proposals to create six drone test sites around the country. The Federal Aviation Administration made the request Thursday, kicking off what is anticipated to be an intense competition between states hoping to win one of the sites.
The Honda Civic is back as a smart-to-buy compact sedan, with a premium look inside and out, a more solid-feeling ride and a standard rearview camera on every model. The Civic's steering is revised for 2013, too, and new standard equipment includes Bluetooth hands-free connectivity, iPod interface, and Pandora Internet radio compatibility.
Airbus abandoned its plans to use lithium-ion batteries for its new A350 airplanes due to the uncertainty surrounding the technology following the grounding of Boeing's 787, the company said. The European aerospace group said Thursday it would revert to conventional nickel-cadmium batteries for the A350.
At a recent additive manufacturing, or 3D printing, showcase at Penn State, engineers demoed some of the latest technology in the field. Hear from experts about how 3D metal printing may change manufacturing in the United States, and what challenges it faces.
During 2012, the Forum built on the findings of the Future of Manufacturing report with the Manufacturing for Growth project, creating a platform for business executives, policy-makers and members of civil society to identify key strategies and recommendations for driving economic growth and job creation through the production of goods.
Hybrid engines going mainstream and a bumper year for new vehicle rollouts are expected to make this year's Canadian International Auto Show in Toronto one to watch. Canada's leading auto festival marks its 40th anniversary with the Canadian debut of more than 40 cars, SUVs, trucks and concept vehicles.
For supporters of biofuels and all those who support balanced leadership of all DOE programs, it is a time of good-bye to all that and a hope that the future will be better. To set the stage: Just before Chu’s appearance, Nissan Automotive was on the schedule at the show. The topic? Dropping the price of the electric Leaf by $2,000 to $3,000 to improve sales.
Apple CEO Tim Cook is calling a shareholder lawsuit against the company a "silly sideshow," even as he said he is open to looking at the shareholder's proposals for sharing more cash with investors. Investor David Einhorn sued Apple last week, saying a proposal slated for a vote at the company's annual meeting would make it more difficult to enact his plan to reward shareholders by distributing a new class of shares.
Another major Dell shareholder is opposing the company's proposed $24.4 billion sale to a group led by its founder and CEO. Mutual fund firm T. Rowe Price came out against the deal in a statement issued Tuesday. T. Rowe Price Chairman Brian Rogers says the price of $13.65 per share undervalues Dell Inc.
More than 75 years after the Hindenburg disaster, airships could be taking off again. Worldwide Aeros' calls its new blimp the evolution of air transport as it waits for FAA approval to take its aeroscraft for a test flight outside the hangar. CBS News' Bill Whitaker explains.
A U.N. agency that sets global aviation safety standards is moving to prevent aircraft batteries like the one that caught fire on a Boeing 787 last month from being shipped as cargo on passenger planes, people familiar with the effort said.
Spending a day in someone else’s shoes can help us to learn what makes them tick. Now the same approach is being used to develop a better understanding between humans and robots, to enable them to work together as a team. Robots are increasingly being used in the manufacturing industry to perform tasks that bring them into closer contact with humans.