Cognata has raised $18.5 million in a funding round led by Scale Venture Partners, fresh capital that the Israeli autonomous simulation startup will use to meet demand for technology that will help companies speed up the deployment of self-driving vehicles. Cognata founder and CEO Danny Atsmon told TechCrunch the company, which has 28 employees, will… Continue reading Cognata raises $18.5M as race to deploy autonomous vehicles quickens
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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
More than 2,000 Volkswagen Group in Spain employees will benefit from SEAT’s health services
SEAT is extending its Health, Safety, Emergencies and Corporate Wellness services to all Volkswagen Group in Spain companies. From now on, more than 2,000 workers at Volkswagen Group Retail España, Volkswagen Group Services and MAN Energy Solutions España y Canarias will benefit from the health services that SEAT provides to its own 15,000 employees. For… Continue reading More than 2,000 Volkswagen Group in Spain employees will benefit from SEAT’s health services
European Dealer Council: Audi and European sales partners shape the retailing of the future
AUDI AG and the European Dealer Council exchange views on the future business model and discussed growth areas at the conference of the European Dealer Council today (Wednesday). When the new contracts take effect on April 1, 2020, the new AUDI sales strategy will begin, fundamentally changing the sales model and making it fitter for… Continue reading European Dealer Council: Audi and European sales partners shape the retailing of the future
UPDATE 1-Tesla secures Shanghai site for China Gigafactory
BEIJING (Reuters) – Tesla Inc has signed an agreement with the Shanghai government for an 860,000 square meter plot of land to build its first overseas Gigafactory, the electric carmaker said in a Chinese social media post on Wednesday. FILE PHOTO: A Tesla logo is seen in Los Angeles, California U.S. January 12, 2018. REUTERS/Lucy… Continue reading UPDATE 1-Tesla secures Shanghai site for China Gigafactory
ZF Unveils its Networked eLSD Rear Axle Transmission for Off-Road and Sports Vehicles
With the redesigned electronic slip differential or eLSD, drivers of off-road vehicles and sports cars can enjoy adventures even more. “The new generation of our eLSD rear axle transmission supports a comprehensive, high-quality system network with additional vehicle functions,” said Sebastian Dendorfer, project manager at ZF.“This means that driving conditions can be handled more easily,… Continue reading ZF Unveils its Networked eLSD Rear Axle Transmission for Off-Road and Sports Vehicles
China’s auto sales drop sharply in Sept
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Foton puts out feelers to bring fresh investors into Borgward
Copyright 1995 – . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested… Continue reading Foton puts out feelers to bring fresh investors into Borgward
Lyft Offers Monthly Subscription Service
The subscription service will be available to everyone in the U.S. by the end of the week and can be canceled at any time. Photo via Lyft. Lyft is launching a subscription service that allows customers to lock in set ride prices for a monthly fee of $299. The new All-Access Plan allots customers 30… Continue reading Lyft Offers Monthly Subscription Service
A US judge approved the settlement between the SEC and Elon Musk that will force Musk to step down as Tesla’s chairman for three years (TSLA)
A US judge on Tuesday approved the settlement between the Securities and Exchange Commission (SEC), Tesla, and its Chief Executive Officer, Elon Musk. Musk agreed to pay a $20 million fine and step aside as Tesla’s chairman for three years to settle charges that could have forced his exit from Tesla. The company also accepted… Continue reading A US judge approved the settlement between the SEC and Elon Musk that will force Musk to step down as Tesla’s chairman for three years (TSLA)