Year: 2025

Factorial, the start-up, said the listing would provide money that would help it bring new solid-state batteries to market as soon as 2027.

Kia and Hyundai will offer free repairs for millions of cars that lack anti-theft technology as part of a settlement with dozens of US states. The automakers agreed to outfit the roughly 9 million eligible cars sold between 2011 and 2022 with a zinc sleeve installed around the ignition cylinder to prevent the viral “Kia Boyz” thefts that required only a USB cable.The repairs could cost up to $500 million, in addition to several million in restitution to Hyundai and Kia owners whose cars were damaged by thieves, the Associated Press reports. The automakers have also promised that all of their…

The Roomba maker will continue to operate but will be owned by Picea Robotics. The news that the maker of the Roomba robot vacuum, iRobot, filed for bankruptcy this week came as no surprise. Its CEO, Gary Cohen, had been warning investors all year that the company could run out of cash unless a buyer was found. When its last potential deal fell through, bankruptcy became inevitable. But Cohen says this is not the end for iRobot; instead, he sees it as the beginning of a new chapter for the company, one he hopes will turn it back into a competitive market leader and potentially take it into new…