Connect with us


Technological innovation to solve EV challenges

Technological innovation to solve EV challenges


Technological innovation to solve EV challenges

Tesla Inc. (NASDAQ: TSLA) has pioneered and led the way in the EV space under the visionary leadership of Elon Musk. However, regulatory challenges, competition and an unfavorable macroeconomic environment have led an ambitious Tesla to focus on building affordable vehicles while autonomous driving development is still in progress. Tesla aims to build more cost-efficient next-generation EVs at its new factory in Mexico.

Meanwhile, Intel Corp. (NASDAQ: INTC) companies have just unveiled solutions to EV challenges, and Worksport Inc. (NASDAQ: WKSP) is about to release an alpha version of a long-awaited solar-powered accessory for pickup trucks, having just been recognized as an innovator for its contributions to the automotive sector.

Intel to lower EV manufacturing costs and improve EV performance

Intel has announced a new SOC solution to accelerate EV innovation. The groundbreaking OLEA U310 SoC streamlines e-motor technology and reduces EV design and manufacturing costs. The new OLEA U310 system-on-chip (SoC), announced today by Silicon Mobility, an Intel company, is expected to increase the efficiency of existing battery technology with energy savings at the vehicle level. An industry first, this next-generation technology is also expected to improve the overall performance of EVs while streamlining design and manufacturing.

Buffalo Business First Names Worksport Innovator of the Year

Worksport was honored as this year's Innovator for its pioneering advancements in the automotive field. The launch of the alpha version of the Worksports SOLIS solar-powered truck bed cover and COR portable battery system is expected as early as this summer. SOLIS will be the first solar-powered integrated tonneau cover on the market, reflecting Worksports' innovative edge. Together with COR, Worksport brings a groundbreaking power duo to the industry, allowing off-grid power on the go. Entering a multi-billion dollar market, the SOLIS cover is expected to be compatible with Ford Motor (NYSE: F) F-Series, General Motor (NYSE: GM)-owned Chevrolet Silverado, and Stellantis (NYSE: STLA) Ram pickups, and will also offer the option of partnering with Tesla. Meanwhile, COR will be available to all consumers, regardless of pickup, allowing anyone to power almost anything, anywhere. So Works Sports' selling point isn't just about making batteries that will extend the range of pickup trucks and alleviate range anxiety in EVs, it's also promising to create a one-of-a-kind outdoor experience.

2024 – The year of EV innovation

2023 is the year of the electric pickup, with Tesla's long-awaited Cybertruck finally launching. In May, GM and Ford showed they could refute the EV slowdown thanks to electric pickups and SUVs. This year, Worksport promises to revolutionize the auto accessories market with integrated solar technology for pickups, and Intel plans to accelerate EV innovation.

Disclaimer: This content is for informational purposes only. It is not intended as investment advice.

This article is an unpaid outside contributor, does not reflect Benzinga reporting, and has not been edited for content or accuracy.

Up your stock market game with Benzinga Pro, the #1 “News and Everything Else” trading tool in the “Active Investor's Secret Weapon” – Start your 14-day trial now by clicking here.

Want the latest stock analysis from Benzinga?

This article, “Technology Innovation Solves EV Challenges,” originally appeared on

2024 Benzinga does not provide investment advice. All rights reserved.




The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos


to request, modification Contact us at Here or [email protected]