Author: World_Newz Mon

MOTIV single-seat autonomous ‘car’ is the ultimate in personal transporation

It’s an electric, single-seat vehicle designed with autonomous driving in mind.The MOTIV is just over eight feet long and four feet wide, features a gull-wing door and was engineered to meet European passenger car crash test standards.The MOTIV was built with support from a U.K. program aimed at developing electric vehicles and there are currently no firm plans to put it into production.

The Nikola Badger electric pickup revealed as Tesla Cybertruck competitor

Apparently, there’s always room for one more when it comes to electric pickups.Startup automaker Nikola has unveiled plans to offer an electric full-size pickup it is designing in collaboration with a major automaker that will produce it for the Phoenix-based brand.The Badger will compete for customers with upcoming models from Tesla, GMC, Ford and Rivian when the order book opens later this year.

SsangYong Motor Q4 net losses widen on weaker demand

SsangYong Motor Co. on Friday said its net losses widened in the fourth quarter from a year earlier due to lower demand.Sales fell 13 percent to 919.2 billion won from 1.05 trillion won over the same period.Operating losses widened to 281.9 billion won from 64.2 billion won, while sales fell 2.2 percent to 3.62 trillion won from 3.7 trillion won.

Kia Motors in talks over moving $1.1 billion plant out of Andhra Pradesh: Report

South Korea’s Kia Motors is discussing with Tamil Nadu the possibility of moving a $1.1 billion plant out of neighbouring Andhra Pradesh only months after it fully opened, due to policy changes last year, sources close to the talks told Reuters.Kia is being represented in the talks by executives at its sister company Hyundai Motor Co, which is India’s second-largest automaker and has all its car production facilities in Tamil Nadu.The Tamil Nadu and Andhra Pradesh chief minister’s offices did not respond to requests for comment.

Kia in talks over moving $1.1 bln plant to another Indian state

* Kia fully opened $1.1 billion India plant in December
* Carmaker concerned by policy tweaks -sources
* Kia looks at moving plant to nearby state -govt source
NEW DELHI, Feb 5 (Reuters) – South Korea's Kia Motors is discussing with the Indian state of Tamil Nadu the possibility of moving a $1.1 billion plant out of neighbouring Andhra Pradesh only months after it fully opened, due to policy changes last year, sources close to the talks told Reuters.
Kia inaugurated the Andhra plant, its first in the world's fifth-largest car market, in December after two years of construction. It has an annual capacity of some 300,000 units and created 12,000 direct and indirect jobs.
However, Kia is now in talks with the nearby state of Tamil Nadu, home to many major autoparts suppliers, about potentially relocating the plant, a senior state government official and a second source familiar with the discussions said.
“(Kia) are facing problems (in Andhra Pradesh), they have been in prelimina..

Alphabet chief lifts the covers on earnings

…previous nine months. The video service came under fire last year over some of the content it was promoting to users, leading it to promise changes to its algorithms that some warned could weaken viewer…

Hidria announces EUR 30 million deal with BMW

Car parts maker Hidria announced on Monday that it had developed innovative aluminium steering wheel system casings for next generation hybrid and electric BMW cars, winning a EUR 30 million contract running until 2030.