Author: kirklandc008@gmail.com

A Nio battery swap station on display at the Beijing Auto Show in April 2026. Credit: CnEVPost This is the latest move in a series of recent asset securitization efforts by Mirattery, whose battery assets under management have exceeded 51 GWh. The first tranche has a scale of 1 billion yuan, with its priority A1 tranche coupon rate hitting a record low of 1.72%. Nio Inc’s (NYSE: NIO) battery asset operator Mirattery has issued a new tranche of green ABS (asset-backed securities), marking new progress in its asset securitization. The project was issued on the Shenzhen Stock Exchange and received…

The deadline to reauthorize Section 702 of the Foreign Intelligence Surveillance Act is coming up a week from now on June 12th, and legislators seem no closer to reaching a deal. If this sounds like deja vu, it’s because we’ve been here before. Congress reauthorized Section 702 in late April — but only for 45 days, so lawmakers could negotiate reforms to the controversial wiretapping authority.“There were no reformers in any of the conversations that happened. Full stop,” Sean Vitka, the executive director of Demand Progress, said on a press call Friday afternoon, hours after the Senate voted 52 to…

The age of the supermini certainly isn’t over yet, as Hyundai aims to prove with a brand new petrol-powered i20 that will rival the Toyota Yaris, Dacia Sandero and next year’s new Renault Clio.  Seen here testing and set to debut in the next 12 months, it should cost around £20,000, similar to the existing model, when it arrives in the UK. While many superminis are now adopting electric powertrains as battery prices come down, there’s still a huge demand for new petrol and hybrid superminis across Europe, which is where this Hyundai’s engineering and development will take place.  Advertisement -…

The biggest car news and reviews, no BS Our free daily newsletter sends the stories that really matter directly to you, every weekday. It was confirmed this week that Jiro Yamada, a Japanese illustrator known for incredibly detailed cutaways of cars and other machines, died last August at the age of 65. Yamada began illustrating professionally in 1979. His subjects spanned everything from legends of motorsport and humble passenger cars to helicopters and rocket engines. He was commissioned to produce renderings for automakers’ promotional and technical materials as well as enthusiast media and private clients. Crack open the official guidebook…

When Americans want a full-size SUV, they overwhelmingly choose the Chevrolet Tahoe. It has held the top spot in the full-size SUV segment for more than two decades, outselling every competitor in its class year after year by a margin that its rivals simply cannot close. In 2024, the Tahoe sold 105,148 units in the United States, more than any other full-size SUV on the market, and the refreshed 2025 and 2026 models have only strengthened that position with a significant technology overhaul and powertrain improvements that make the case for the Tahoe more compelling than it has…

The first Volkswagen ID. Polo and Cupra Raval models rolled off the production line at the Group’s Martorell plant in Spain, the first of several new affordable, mass-market EVs. Volkswagen ID. Polo, Cupra Raval EVs enter production Volkswagen opened orders for the new ID. Polo in April, the electric version of one of the brand’s all-time best-selling models, and the Cupra Raval, a sporty low-cost EV hatch. Starting at €24,995 ($29,000) and €26,000 ($30,100), the ID. Polo and Cupra Raval are the first models from the Group’s Electric Urban Car Family. Led by Seat & Cupra, the new entry-level lineup…

The company says most users don’t need to use the feature. OpenAI OpenAI has begun rolling out Lockdown Mode, an optional security setting designed to offer users advanced protection from prompt injection attacks. For the unfamiliar, prompt injection is a form of social engineering that is specific to conversational chatbots. As AI systems have become better at pulling information from the internet, people have begun hiding malicious instructions on webpages and other places to try and trick those systems. OpenAI is billing Lockdown Mode as a sort of last line of defense against prompt injections, building…

The latest from the CarBuzz spy photographers looks like a Porsche, but don’t be confused. This is a test mule for the latest and greatest from Audi. Under the bodywork of the 718 EV could be the bones for something pretty cool, albeit quite different from its predecessor. If our sources are accurate, you’re looking at a successor to the Audi TT. Well, not looking directly at it, anyway. The foundation needs to be honed in, but based on the car’s track, this new Audi sports car will be unrecognizable from the old one. Widebody Porsche 718 Is Hiding Audi…

The winningest coach in NCAA men’s basketball history will headline the AAPEX 2026 Keynote Breakfast this fall. Mike Krzyzewski, better known as Coach K, led Duke University to five NCAA championships and coached the U.S. Olympic men’s basketball team to three gold medals during a 42-year career defined by sustained success amid constant roster turnover and mounting expectations. He will speak about leadership, teamwork and adapting under pressure. “It is called Duke basketball, but the team changes each year,” Krzyzewski told LEADERS magazine in a 2023 interview. “You have to adapt to change, and things are always changing.” That message…

The biggest car news and reviews, no BS Our free daily newsletter sends the stories that really matter directly to you, every weekday. Fernando Alonso has had it with the current Formula 1 regulations. Following Practice 1 in Monaco on Thursday, the three-time world champion made some big statements about the current state of affairs, at least as far as his situation is concerned: “This is probably the worst generation of cars I ever drove in Monaco,” said Alonso, per Motorsport.com. Alonso is mostly sounding off about how energy is recuperated to charge the hybrid system’s battery, which has caused…