Estimates

Tesla has lowered range estimates for two Model Y vehicles, the Model Y Long Range and the Model Y Performance, by six percent. This brings the range of the Model Y Long Range down to 310 miles from 330 miles and the Model Y Performance to 285 miles from 303 miles. The Model Y Rear-Wheel Drive was not affected and retains its 260-mile range rating, TeslaThere’s no official reason why Tesla lowered the range estimates, but it’s long been something of an open secret in the industry that the company tends to exaggerate…

Chinese joint venture FAW Toyota is issuing its second major recall on the bZ3 EV in eight months since it hit the market overseas. The company’s latest filing pertains to over 25,000 electric sedans built this year, some of which present incorrect estimates of remaining battery capacity, some even losing complete power without warning. FAW-Toyota is a joint venture founded in 2000 to develop and manufacture Toyota-branded vehicles for the Chinese market. Regarding electrification, the JV currently…

The proposed technique’s workflow consists of three stages. Element detection (black box), tracking (orange box), and velocity estimation (green box) using linear regression based on subsequent frames. Credit: Neurocomputing (2023). DOI: 10.1016/j.neucom.2023.127057 Engineers of ICAI Group of the School of Computer Science of the University of Malaga have developed a computer vision system that estimates the speed of…

Times are tough all around, but the video game industry has been hit pretty hard this year. Anyone who’s been keeping an eye on the news will have seen the amount of layoffs and closures that have happened. Numbers estimate that around 9,000 jobs have been lost in 2023. That’s according to Game Industry Layoffs (as spotted by VGC), a website that’s been tracking the figures since January. The most recent entry as of the time of publication is for December 8, revealing that indie developer Triple Topping Games lost…

Dell Technologies on Thursday reported third-quarter revenue below estimates due to a slower-than-expected recovery in the hardware and software market, sending its shares down 4% after the bell.Vendors in the market have seen a slowdown in demand following the surge in sales of electronic devices during COVID lockdowns on the back of increased work-from-home measures.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Advanced Data Science For ManagersVisitIIT DelhiIITD…

Aligning conventional scientific models with national greenhouse gas inventory definitions of land use, land use change, and forestry fluxes. The variations are a result of differences in what land is considered managed and whether fluxes related to environmental and climatic changes are included. Credit: Nature (2023). DOI: 10.1038/s41586-023-06724-y A new study published in Nature demonstrates that estimates of current…

The 2018 data shows how much CO2 the energy sector in Mongolia emitted, comparing two calculation methods. One is Mongolia's BUR2 using the bottom-up approach (left) and EDGAR (right). The other is the calculation result from this study using the hybrid approach (center) based on the top-down approach. The green represents CO2 emissions for all of Mongolia, while the red indicates emissions from Ulaanbaatar city. Note that for BUR and top-down data, the…

Qualcomm forecast fourth-quarter sales below market expectations on Wednesday and said it would likely cut jobs as consumer spending on gadgets like smartphones remained stubbornly weak amid slowing global economic growth.The San Diego, California-based company said it also expects no further sales to Chinese telecom giant Huawei because it does not have a license to sell 5G chips to Huawei. More broadly in China, a slower-than-expected economic recovery weighed on orders to Qualcomm. Smartphone shipments in the world's…

Ian King / Bloomberg: Texas Instruments reports Q2 revenue down 13% YoY to $4.53B, beating estimates of $4.35B, and forecasts lukewarm Q3 revenue as the global chip slump continues — - Shares slip after chipmaker delivers quarterly report — Automotive field is bright spot for company suffering slowdown Ian King / Bloomberg: Texas Instruments reports Q2 revenue down 13% YoY to $4.53B, beating estimates of $4.35B, and forecasts lukewarm Q3 revenue as the global chip slump continues …

After hitting its goal of producing 50K EVs in the first half of 2023, General Motors (GM) says it expects the momentum to continue in the second half of the year. Most importantly, GM CEO Mary Barra finally confirmed an Ultium-based Bolt EV (Boltium!) is coming. GM beats Q2 estimates, Ultium-based Bolt EV coming General Motors released its Q2 earnings results Tuesday ahead of the market open, showing a 52% increase in net income YOY to $2.54B The automaker says the improvements came after…