Durr was responsible for the installation of the assembly lines and for the optimization of innovative technologies and processes. New Delhi: Durr, which supplies systems for vehicle final assembly, on Thursday developed new production lines for complete vehicle assembly for Lamborghini’s Urus at its headquarters in Sant’Agata Bolognese. This is based on a forward-looking layout… Continue reading Durr designs flexible assembly layout for Lamborghini Urus
Author: Economic Times of India Online News
Hyundai Motor invests in Israeli computer vision firm allegro.ai
This is Hyundai’s fifth investment in an Israeli company. TEL AVIV: Hyundai Cradle, Hyundai Motor Co’s corporate venture business, said on Monday it invested in allegro.ai, an Israeli company specializing in deep learning-based computer vision. Financial details were not disclosed. Hyundai said the partnership with allegro.ai will allow it to speed up deployment of artificial… Continue reading Hyundai Motor invests in Israeli computer vision firm allegro.ai
Deutsche Telekom to build electric car charging network in Germany
FRANKFURT: Deutsche Telekom on Monday said it will launch a network of electric vehicle charging stations in Germany by adding power cables to existing fixed line and cable infrastructure boxes found on residential roads. The company’s grey cable distribution boxes can be converted to charging stations that can supply 11 kilowatts of power, Deutsche Telekom… Continue reading Deutsche Telekom to build electric car charging network in Germany
Zoomcar accelerates focus on driver and road safety with Driveri
“Transportation and road safety have become pertinent civic issues in the country.” BENGALURU: Netradyne, an artificial intelligence (AI) technology focusing on driver and fleet safety, has announced its association with Zoomcar. Zoomcar has deployed Netradyne’s flagship product, Driveri, a vision-based driver recognition safety system, to improve road and driver safety for their fleet. “At Zoomcar,… Continue reading Zoomcar accelerates focus on driver and road safety with Driveri
KAL to launch e-vehicles for commercial purposes
THIRUVANANTHAPURAM: Electric vehicle (e-vehicle) manufacturing programme of Kerala Automobiles Limited (KAL) has got a fillip with the state government approving KAL’s draft e-vehicle policy last month. As part of the policy, the public sector company will roll out e-vehicle with freezer for fish vendors, e-vehicle pantry set for street food vendors and e-ambulance. State government… Continue reading KAL to launch e-vehicles for commercial purposes
Elon Musk files trademark for a Tesla-branded tequila, Teslaquila
SAN FRANCISCO: An April Fool’s Day prank may soon see the light of day as billionaire entrepreneur Elon Musk has confirmed that a Tesla-branded tequila, called “Teslaquila“, is “coming soon”. Teslaquila first featured in an April Fool’s joke in which Musk, the CEO of Tesla, said on Twitter that he had been found “passed out… Continue reading Elon Musk files trademark for a Tesla-branded tequila, Teslaquila
Delphi Technologies names Hari Nair as interim CEO
Prior to this, Nair has also worked Tenneco Inc and General Motors Co. New Delhi: Vehicle propulsion systems supplier Delphi Technologies on Friday said that the company has appointed Hari N. Nair as interim Chief Executive Officer, effective immediately. As per company release, Nair succeeds Liam Butterworth who is stepping down from his role as… Continue reading Delphi Technologies names Hari Nair as interim CEO
Droom raises $30mn funding; to buy back ESOPs worth Rs 50 cr
The company also aims to expand its operations in 100 more Indian cities. New Delhi: Online automobile marketplace Droom Thursday said it has raised USD 30 million (over Rs 200 crore) led by the family office of Japan-based investor, Joe Hirao. The company, which has raised USD 125 million in funding till date, is also… Continue reading Droom raises $30mn funding; to buy back ESOPs worth Rs 50 cr
Chinese lithium giant agrees three-year pact to supply Tesla
Tesla may need as much as 28,000 tons of lithium hydroxide a year from late next year. NEW DELHI: China’s top producer of lithium, a metal used in electric-vehicle batteries, said it’s agreed a deal with Tesla Inc. to supply a fifth of its production to the vehicle maker, highlighting the push for supply pacts.… Continue reading Chinese lithium giant agrees three-year pact to supply Tesla
Peugeot urges France to revive incentives for hybrids
By Laurence Frost and Gilles Guillaume SOCHAUX: PSA Group is pressing the French government to revive sales incentives on rechargeable hybrid vehicles as it rolls out plug-in versions of its larger models to meet tightening European emissions rules, the carmaker said on Thursday. Automakers are rushing to deploy electric cars and hybrids, which combine battery… Continue reading Peugeot urges France to revive incentives for hybrids