Faraday Future, the Los Angeles based electric car company run by China’s Jia Yueting, who also founded LeEco, has filed a lawsuit against Evelozcity, a start-up founded by its former chief financial officer Stefan Krause, for allegedly stealing trade secrets. Faraday Future also accused Krause and former CTO Ulrich Kranz of luring away at least 20… Continue reading Faraday Future Claims Ex-CFO Stole Trade Secrets From Electric Car Company
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LG AND HONEYWELL DEMO AUTOMOTIVE CYBERSECURITY SOLUTION
Technology Leaders Working Together on Detection, Protection and Reporting Software PLYMOUTH, MICH. and SEOUL, Jan. 31, 2018 — Honeywell (NYSE: HON) and LG Electronics Inc. (KSE: KRX) signed a memorandum of understanding to develop a unique automotive software technology and infrastructure solution to address threats associated with the increase in vehicle connectivity technology. The two… Continue reading LG AND HONEYWELL DEMO AUTOMOTIVE CYBERSECURITY SOLUTION
FAST-CHARGING ICE COOL I-PACE
Jaguar’s all-electric I-PACE will promise both rapid charging and rapid performance when it goes on sale on 1 March. Capable of charging in less than 45 minutes* and with sports car performance and SUV practicality, the I-PACE will be the perfect every day car – whether on the school run, daily commute or even coping… Continue reading FAST-CHARGING ICE COOL I-PACE
JAGUAR LAND ROVER REMAINS LEADING UK CAR AND ENGINE MAKER
Jaguar Land Rover has been named the largest automotive vehicle and engine manufacturer in the UK in 2017.
On-demand dog walking app Wag raises $300 million from SoftBank Vision Fund
The SoftBank Vision Fund has struck again. This time, it’s investing $300 million in on-demand walking and dog care startup Wag. Wag has also brought on Hilary Schneider, formerly of identity theft protection company LifeLock, to serve as the company’s new chief executive officer. Last year, Wag was reportedly in talks with a handful of investors,… Continue reading On-demand dog walking app Wag raises $300 million from SoftBank Vision Fund
BlaBlaCar develops its search engine
The long-distance carpooling platform has unveiled a new search engine whose algorithm tends to increase service points.
Nissan: Renault-Nissan-Mitsubishi sells 10.6 million vehicles in 2017
Renault-Nissan-Mitsubishi, the world’s leading automotive Alliance, today announced that its member companies sold a combined total of 10,608,366 units in the 12 months to December 31, 2017.
Daimler, Porsche and Bosch will be affected by walkouts in Germany
Daimler, Porsche or Bosch: employees of these German companies are preparing to disengage several times in the coming days in support of claims on wages and working time. 24-hour walkouts will follow each other from Tuesday evening until Friday, warned Tuesday, January 30 IG Metall. These walkouts were approved massively by […]Read the article
Three out of Five Unions Representing 75% of Employees Have Signed Agreement to Ensure a Sustainable Future for the Site in Zaragoza
Rüsselsheim. With the aim of improving Zaragoza manufacturing performance in a competitive environment, Management and a majority of the Opel Spain Works Council have reached a framework collective agreement as part of the Contract Labour Negotiations today…
Volkswagen offers two-step wage increase in German pay talks
The German carmaker has proposed a 30-month wage contract for about 120,000 staff, with the two-step salary increase starting in May, it said in a written statement published after talks with the IG Metall labour union.