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Hybrid and electric vehicles have been a big trend in recent years as new and innovative technologies prioritize convenience and sustainability. BYD (Build Your Dreams) is a Chinese company that has positioned itself as a dominant force, leveraging cutting-edge technology to challenge the industry’s established leaders . One of the most recognizable brands in the EV industry is Elon Musk’s Tesla . While Tesla has long been regarded as the undisputed innovator in this realm, BYD is steadily carving out its own niche. In global markets with impressive advancements in EV technology, vertical integration and growing sales figures the question is no longer if BYD can compete with Tesla, but how it will continue to close the gap. The foreign company is already doing well for itself in terms of both market share and technological prowess. BYD was founded in 1995 in Shenzhen, China. It is a publicly traded company with major holdings under the control of Wang Chuanfu, the founder and...
An affordable housing project is making its way to Portland, OR’s Black community. The Williams & Russell project is looking to revive the Albina community, an area in North Portland that was once home to many Black families and Black businesses, until they were pushed out, KPTV-12 reports. The soon-to-be revitalized area was expected to make room for an expansion of Legacy Emanuel Hospital in the 1970s , however plans never materialized, KGW-8 mentions. “They came in and they demolished everything with the idea that this would be developed, and it just sat vacant for five decades,” Bryson Davis, president and board chair of Williams & Russell CDC, said per KGW-8. Righting the wrongs of the past, the Williams & Russell project is looking to create more than 100 affordable homes, consisting of townhomes and apartments, on a 1.7 acre lot on the corner of North Russell Street and North Williams Avenue. To be eligible for the apartments, which come in one-to-three bedroom options,...
Black women working full-time make nearly $1 million less than white men during their careers, the National Women’s Law Center recently shared in a research report. While the wage gap affects all women, it arguably affects Black women the most since they face race and gender discrimination. Black women, on average, are currently paid 63 cents for every dollar that White men make. That amounts to a loss of $2,009 a month, $24,110 a year, and $964,400 over 40 years for Black women. This stark reality is why Aug. 3 is marked Black Women’s Equal Pay Day every year, which signifies the extra 214 days Black women would need to work each year to catch up to white men’s salaries. Put it this way; Black women will have to work until they are 83-years-old to reach the salaries white men make at age 60. “I don’t think it’s talked about as much as it should be,” Tiffany Williams, a business and marketing strategist, told AfroTech. “The wage gap is so prominent because there’s a lack of...
Tesla CEO Elon Musk recently announced the Tesla Bot. And now that we’ve had some time to digest it, we have questions and so does Hollywood actor Will Smith. According to CNBC, Musk made the announcement at Tesla’s Artificial Intelligence Day on Aug 19. Already dubbed Optimus, the humanoid robot will reportedly substitute human labor by accomplishing repetitive physical tasks. Join us to build the future of AI → https://t.co/Gdd4MNet6q pic.twitter.com/86cXMVnJ59 — Tesla (@Tesla) August 20, 2021 If you follow him on Instagram, you may have noticed Will Smith’s subtle post referencing “I, Robot” while seemingly reminding us of the eery consequences if humans fail to control robots. However, by 2022, it may be their world and we may just be living in it. View this post on Instagram A post shared by Will Smith (@willsmith) “It’s supposed to be friendly and navigate through a world built for humans,” Musk announced. “You can run away from it and most likely overpower it so hopefully...
They are paving the way for up-and-coming businesses in Memphis From the jewelry industry to branding and web consultancy, Black innovators are changing the face of entrepreneurship one idea at a time in Memphis. Meet the established innovators who are setting a foundation by inspiring start-up founders to be bold and brave in making their dreams come true. David Quarles, founder of Ivy , jewelry designer and interior stylist Larry Robinson, founder of Kudzukian Media and a media maven Dana James Mwangi, founder of Cheers Creative , brand and web strategist With the support of their community, these three founders are proof of the thriving Black entrepreneurial ecosystem that is burgeoning in Memphis. The founders spoke with AfroTech about how the Southern city has supported their big city dreams as creative entrepreneurs. Photo: David Quarles/Jarvis Hughes AfroTech: When did you know you wanted to be an entrepreneur? Quarles: Since high school, I’ve pretty much had a knack for...
Earlier this year, I committed to the full-time freelancing lifestyle. While I knew that budgetary constraints would be real, I looked forward to a life on my terms. That is, the ability to earn money while traveling to all of my dream locations. Now, after a few months of doing this, here are some things I’ve learned about the digital nomad life as a freelancer: 1. Racism Still Exists In Black Countries This one caught me off-guard because I grew up in a majority-Black country and thought I would feel comfortable in any other majority-Black country. Additionally, I had heard from other Black digital nomads how much safer and more respected they felt outside of the U.S. The truth is, any economy that relies heavily on white tourism will not be entirely accommodating for Black tourists, even if their population is largely Black. Between suspicious glances in restaurants and coffee shops, to outright rudeness from service providers because they assume you’re “just a local girl,” you...
Self-driving cars are slowly becoming more of a reality, but there’s still a lot that needs to be worked out. In March 2018, Apple engineer Wei Huang died in a crash after his Tesla Model X hit a median on Highway 101 in Mountain View, California. At the time, Huang’s Tesla was in Autopilot, a driver assistance feature that Tesla made standard in all its models. The feature is supposed to make drivers safer by doing things like matching a car’s speed to existing traffic and automatically changing lanes. Now, Huang’s family has filed a lawsuit against both Tesla and the state of California, as reported by ABC 7 News . The lawsuit itself claims, “…the Tesla Model X was defective in its design, in that the passenger protection systems of the vehicle would not, could not, and did not perform in a manner as safely as an ordinary consumer would expect.” Sevonne Huang — Wei Huang’s wife — told ABC 7 News that her husband had mentioned the car veered towards the same barrier on Autopilot...
John Henry is a hustler. The entrepreneur has been in hustle mode since he founded and sold his first company in 2014, and launched Harlem Capital, a diversity-focused investment firm, where he currently serves as a partner. Now, the 26-year-old is taking his entrepreneurial prowess to Viceland with his new show, appropriately named Hustle. The eight-episode docu-series, which is executive produced by Alicia Keys, follows Henry as he challenges New York City-based entrepreneurs to push their boundaries and scale their businesses. “I set out to dispel myths and demystify the actual arc of being an entrepreneur,” he said. “The whole show is about the drive to make it. We want to capture ordinary people who had the bravery to do extraordinary things.” The series is only one part of Henry’s quest to change the face of entrepreneurship and build generational wealth in communities of color. Harlem Capital has raised $2 million of a targeted $25 million fund for underrepresented...