Chubu Electric Power and Toyota to Commence Electrified Vehicle Battery Reuse and Recycling Verification Project

Chubu Electric Power Co., Inc. (Chubu Electric Power) and Toyota Motor Corporation (Toyota) today announce that the two companies have concluded a basic agreement with the aim of commencing a verification project that entails construction of a large-capacity storage battery system (Storage Battery System) that reuses electrified vehicle batteries (batteries), as well as examination of… Continue reading Chubu Electric Power and Toyota to Commence Electrified Vehicle Battery Reuse and Recycling Verification Project

Faraday Future Claims Ex-CFO Stole Trade Secrets From Electric Car Company

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

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

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