Electric vehicle maker Rivian is testing dual-motor versions of its R1T pickup and R1S SUV in the wild. The automaker is currently putting those models through their paces in the New Zealand winter, according to a tweet from CEO RJ Scaringe that InsideEVs spotted. The company announced in March it would offer R1T and R1S… Continue reading Rivian is field testing dual-motor versions of the R1T and R1S
Category: News Type
German Handelsblatt: Autonomous driving technology: fine against VW, lawsuit against Tesla: data protection officers button car cameras in front of004972
A missing sign costs Volkswagen 1.1 million euros. The Lower Saxony data protection authority imposed the penalty because the car manufacturer was caught in 2019 with a test vehicle that was filming traffic. The image data should improve the driver assistance system and prevent accidents. However, the necessary magnetic signs with a camera symbol were… Continue reading German Handelsblatt: Autonomous driving technology: fine against VW, lawsuit against Tesla: data protection officers button car cameras in front of004972
Toyota unit Hino admits falsifying engine data for nearly 20 years
Receive free Hino updates We’ll send you a myFT Daily Digest email rounding up the latest Hino news every morning. Japanese truckmaker Hino Motors, a unit of Toyota Motor, said last week that it had been falsifying data related to engine emissions and fuel performance for a longer period of time and on more models… Continue reading Toyota unit Hino admits falsifying engine data for nearly 20 years
GMC Hummer EV Pickup
Predictably, the Hummer offers ridiculous levels of performance. The Edition 1 model we tried featured the top-spec tri-motor powertrain, with one motor on the front axle and independent motors for each rear wheel. Even on loose gravel, the Hummer is propelled forward with scant regard for the laws on physics, and it’s not until you… Continue reading GMC Hummer EV Pickup
GSR2: The new rules making cars safer but more expensive
The EU regulation also allows for GPS-based speed limit warnings, which rely on perfect mapping accuracy. Therefore manufacturers that want to make the best offerings for their customers, like Ford, feel obliged to offer both systems; but on more affordable cars, that means more parts costs added on. There are also big-brother elements in the… Continue reading GSR2: The new rules making cars safer but more expensive
Parsonex Capital Partners Launches Credit Enhancement Facility with Fast Growing Class 8 Truck Lease Origination Company
WINSTON SALEM, N.C., Aug. 8, 2022 /PRNewswire/ — Parsonex Capital Partners (“Parsonex”) today announced the launch of a Credit Enhancement Facility to a Class 8 truck lease origination company, Traction Capital and Leasing (“Traction”), one of the most committed partners of truck drivers across the country. Continue Reading Class 8 truck Traction was founded to… Continue reading Parsonex Capital Partners Launches Credit Enhancement Facility with Fast Growing Class 8 Truck Lease Origination Company
Cloversoft, Niv Della secure seed funds and other SE Asia deals
Singapore-based consumer goods brand Cloversoft announced that it raised a seven-figure sum in a seed funding round led by Apricot Capital, a multi-asset private investment company. The startup, which provides eco-friendly consumer goods, said the fresh funding will be used to accelerate the brand’s growth by expanding into international markets. It also plans to invest… Continue reading Cloversoft, Niv Della secure seed funds and other SE Asia deals
Mid-market PE player J-STAR backs Score Japan’s investment round
Japanese mid-market private equity firm J-STAR announced that it has invested in Score Japan Group, the country’s largest independent courier forwarder, through a newly formed segregated portfolio company (SPC). J-STAR said it completed the capital participation in Score Japan Holdings Company and Shinseiki Trade Co, collectively the Score Japan Group, but did not provide financial… Continue reading Mid-market PE player J-STAR backs Score Japan’s investment round
A great time for VCs to pick up startups at lower valuations, says Accelerating Asia’s Naidoo
Singapore-based early-stage venture capital (VC) firm Accelerating Asia has seen a 400% jump in applications between the first and sixth cohort of its accelerator programme, Amra Naidoo, co-founder and general partner of Accelerating Asia, told DealStreetAsia in an exclusive interview while declining to quote the actual numbers. Set up in July 2018, its accelerator programme… Continue reading A great time for VCs to pick up startups at lower valuations, says Accelerating Asia’s Naidoo
IFC proposes to invest $150m in Thai lender TMBThanachart Bank’s bonds
International Finance Corporation (IFC), a member of the World Bank Group, is considering a $150-million investment in bonds to be issued by TMBThanachart Bank (TTB), one of the largest banks in Thailand. TTB, originally established as Thai Military Bank (TMB) in 1957, plans to issue a green bond of up to $100 million and a… Continue reading IFC proposes to invest $150m in Thai lender TMBThanachart Bank’s bonds