Today on Critical Materials: Automakers share data with insurance, Cybertruck deliveries prioritized to shareholders, and Volvo to cut charge times by 30%.
Remember when those tiny dongles that your insurance company offered to potentially lower your insurance rates came out? Insurers spun a wonderful tale: simply plug into your car's OBDII port and record telematics data, ship it back to the mothership, and then they could potentially lower your premium based on this data. It turned out that wasn't always the case, and some individuals quickly found out that their premiums jumped due to their driving behavior.
Those looking to take advantage of the offer must not only have owned 500 shares of Tesla stock at the end of February 2024, but they must have also owned at least 50% of those shares at the end of February 28th, 2021. Shareholders can't just reserve a truck today and jump the list, though. Tesla says that the Cybertruck reservation must have been made before March 1st, 2024 to qualify. On the last trading day of February 2021, Tesla shares were trading for $269.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biden administration may give automakers more time to shift to EVsCheyenne is Engadget’s weekend editor and covers a little bit of everything. She’s particularly interested in emerging technology and niche gadgets, climate change, space, privacy, and internet culture. She’ll talk your ear off about Tamagotchis if you get her started.
Read more »
Recent gaffes by Biden and Trump may be signs of normal aging — or may be nothingPresident Biden and former President Trump have both experienced public memory lapses. But brain experts say such slips, on their own, are not a cause for concern.
Read more »
Your car may be ratting you out to your insurance companyMultiple automakers share customer driving data with insurance companies, a New York Times report reveals.
Read more »
Lexus, Porsche among top luxury automakers for resale valueLexus and Porsche are among the luxury auto brands to come out on top in J.D. Power’s latest analysis of the top marques for resale value today.
Read more »
Automakers Preparing for Silicon EV Batteries as China Restricts Graphite ExportsAutomakers in the US are preparing for new EV batteries that replace graphite with silicon as China restricts graphite exports. Israeli startup StoreDot is attracting investments from major companies for its ultra-fast charging silicon EV batteries.
Read more »
Europe Tells Automakers That Buttons and Knobs Are Safer Than TouchscreensScience and Technology News and Videos
Read more »