Ford is teaming up with Google for in-car tech. The companies announced on Monday that Ford’s future vehicles will use an Android-based infotainment system and that the automaker will transition its operations from Amazon Web Services to the Google Cloud through a six-year deal that begins in 2023. Apple CarPlay smartphone integration and Amazon’s Alexa… Continue reading World NM: Ford to use Google’s automotive tech and cloud services000810
Author: World_Newz Mon
World NM: GM’s electric car push could put China in the driver’s seat000805
THE business of making cars has reached a critical juncture The world’s shift to electric cars “is based on the Chinese technological road map”. Mr Wan, who had also served as president and as director of the Center of Automotive Engineering at Tongji University in Shanghai, was a passionate advocate of electric cars. Go to… Continue reading World NM: GM’s electric car push could put China in the driver’s seat000805
World NM: Tesla’s dirty little secret: Its net profit doesn’t come from selling cars000804
New York (CNN Business)Tesla posted its first full year of net income in 2020 — but not because of sales to its customers. If they can’t, the automakers have to buy regulatory credits from another automaker that meets those requirements — such as Tesla. Its automotive gross profit, which compares total revenue from its car… Continue reading World NM: Tesla’s dirty little secret: Its net profit doesn’t come from selling cars000804
World NM: SsangYong Motor Q4 loss widens amid pandemic000799
SsangYong Motor Co., the South Korean unit of Indian carmaker Mahindra & Mahindra Ltd., said Friday its fourth-quarter net losses widened from a year earlier due to weak sales amid the coronavirus pandemic. Mahindra acquired a 70 percent stake in SsangYong for 523 billion won in 2011 and now holds a 74.65 percent stake in… Continue reading World NM: SsangYong Motor Q4 loss widens amid pandemic000799
World NM: SsangYong Motor says deal with potential buyer is ‘still under way’000790
SsangYong Motor Co., the South Korean unit of Indian carmaker Mahindra & Mahindra Ltd., said Thursday that its Indian parent company is still in talks to sell its controlling stake, denying media reports that the deal has fallen through. Ssangyong filed for court receivership on Dec. 21 after the SUV-focused carmaker failed to obtain approval… Continue reading World NM: SsangYong Motor says deal with potential buyer is ‘still under way’000790
World NM: EU jump-starts battery development projects with more subsidies 27.01.2021000780
The aim by 2025 was an EU battery industry capable of powering at least six million electric cars, EU commission vice-president Maros Sefcovic, responsible for the bloc’s strategic futures planning. The European Commission’s approval of €2.9 billion ($3.5 billion) in subsidies is the second such pan-European scheme, following €3.2 billion approved in 2019 across seven countries. Last… Continue reading World NM: EU jump-starts battery development projects with more subsidies 27.01.2021000780
World NM: Tesla EV to launch in Pakistan000778
It is usually not common these days to hear good news but something big is coming related to the automotive market of Pakistan. This news was originally covered by ProPakistani and by a renowned journalist, columnist, and TV anchor Sabir Shakir. Go to Source
World NM: Jaguar Land Rover stuck at a red light with its strategy on hold000769
There’s a saying in the West Midlands that when Jaguar Land Rover sneezes, the region catches a cold. Plans to build an electric version of the flagship XJ saloon at Castle Bromwich and make the plant a centre for electrification have been delayed by the pandemic and poor sales. JLR’s real problem remains scale, and… Continue reading World NM: Jaguar Land Rover stuck at a red light with its strategy on hold000769
World NM: Renault Samsung Offers Voluntary Redundancy000766
Renault Samsung has started taking applications for voluntary redundancy amid dire prospects for its continuing operations in Korea. A total of 4,200 workers who have worked for the carmaker for more than two years are eligible to apply. Go to Source
World NM: Tel Aviv startup offers clear route for car computer vision000754
Carmakers are racing to meet new high-tech safety standards, such as automatic emergency braking systems, that are expected to take effect across Europe and the United States next year. Israeli startup Brodmann17 hopes that its cheaper and hyper-efficient software will lower the cost of the sophisticated artificial intelligence and machine-learning applications behind these new driving… Continue reading World NM: Tel Aviv startup offers clear route for car computer vision000754