Uncategorized – Page 187 – I wish I had more to offer

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Qualcomm to acquire Israeli auto-chip maker Autotalks

May 8 (Reuters) – Chip designer Qualcomm Inc (QCOM.O) said on Monday it would buy Israel’s Autotalks Ltd that makes chips used in technology aimed at preventing vehicle crashes, as the U.S. firm looks to deepen its automotive business. With increasing electric vehicles and automatic features in cars, the number of chips used by automakers… Continue reading Qualcomm to acquire Israeli auto-chip maker Autotalks

Analysis: Battle for China’s electric SUV market heats up at home and abroad

SHANGHAI, May 8 (Reuters) – China is ground zero for the price war in electric vehicles and the battleground is shifting to SUV-styled EVs, the largest segment of the market, dominated by Tesla Inc (TSLA.O) and BYD (002594.SZ), . The market, crowded with more than 90 models, is about to get even tighter with at… Continue reading Analysis: Battle for China’s electric SUV market heats up at home and abroad

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BRUSSELS, May 8 (Reuters) – German business software maker SAP (SAPG.DE) and German engineering company Siemens (SIEGn.DE) have joined U.S. tech giants in criticising draft EU laws on the use of data generated by smart gadgets and other consumer goods. EU countries and EU lawmakers are working on the details of the Data Act, proposed… Continue reading article with gallery

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China’s Hozon to produce EVs in Thailand for Southeast Asian market

BANGKOK, May 6 (Reuters) – China’s Hozon New Energy Automobile will make electric vehicles in Thailand for the Southeast Asian market, a Thai official said on Saturday, as it follows others in building facilities in the region’s major auto production hub. Hozon signed an agreement with Thailand’s Bangchan General Assembly this week to start production… Continue reading China’s Hozon to produce EVs in Thailand for Southeast Asian market

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China’s industry ministry issues draft data standards for smart vehicles

SHANGHAI, May 5 (Reuters) – China’s industry ministry issued on Friday a series of draft technical standards including cybersecurity requirements for vehicles, with the country moving to tighten data regulation as cars become more intelligent. Among the proposed rules, the Ministry of Industry and Information Technology plans to ban smart vehicles in China from transferring… Continue reading China’s industry ministry issues draft data standards for smart vehicles

U.S. electric-vehicle startups set for another quarter of steep cash burn

May 5 (Reuters) – U.S. electric-vehicle startups are expected to report another quarter of dwindling cash reserves next week, piling pressure on a group of companies that are struggling to ramp up production and have few options for funding in a turbulent economy. Having gone public with hopes of shaking up the automobile industry, these… Continue reading U.S. electric-vehicle startups set for another quarter of steep cash burn

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LONDON, May 5 (Reuters) – Artificial intelligence could pose a “more urgent” threat to humanity than climate change, AI pioneer Geoffrey Hinton told Reuters in an interview on Friday. Geoffrey Hinton, widely known as one of the “godfathers of AI”, recently announced he had quit Alphabet (GOOGL.O) after a decade at the firm, saying he… Continue reading Untitled