Category: News Type

General Motors is using AI to speed up the vehicle inspection process

General Motors is bringing artificial intelligence into the vehicle inspection process. The automaker is making an undisclosed “strategic investment” in Israeli startup UVeye, which makes vehicle diagnostic systems that use sensors and AI to quickly identify damaged parts or maintenance issues. The investment in UVeye was made by GM Ventures, the automaker’s venture fund, which… Continue reading General Motors is using AI to speed up the vehicle inspection process

@Toyota: July production plan

We at Toyota would like to again apologize for the repeated adjustments to our production plans due to the parts shortage resulting from the spread of COVID-19, and for causing considerable inconvenience to our customers who have been waiting for the delivery of vehicles, suppliers, and other parties concerned. The global production volume for July… Continue reading @Toyota: July production plan

Automotive: Semiconductor failure again, Stellantis site in La Janais shut down until July 1

Due to a lack of semiconductors, the Stellantis factory in La Janais must once again cease production until July 1. A shortage that falls badly in full launch of the new C5 Aircross The information fell this Wednesday, June 22 at an extraordinary meeting of the CSE. In Chartres de Bretagne near Rennes, the Stellantis… Continue reading Automotive: Semiconductor failure again, Stellantis site in La Janais shut down until July 1

Tata Power sets up 150 EV charging stations with 100% green fuel in Mumbai

MUMBAI: Tata Power on Wednesday announced that it has installed 150 “green energy-powered” EV charging stations across residential societies, malls, commercial complexes and petrol pumps in Mumbai. These chargers are powered by renewable/clean energy sources like wind, solar, and hydropower. “The initiative is in line with Tata Power’s ‘Do Green ‘ mission to encourage its… Continue reading Tata Power sets up 150 EV charging stations with 100% green fuel in Mumbai

India records current account deficit (CAD) of 1.2% in FY22

India‘s current account deficit (CAD) for the quarter ended March 22 was sequentially narrowed to 1.5 per cent of GDP as remittances from overseas Indians as well as software exports surged and the outflow from dividend and interest payouts fell, data from the RBI shows. Significantly, CAD at 1.2 percent of GDP for FY’22 at… Continue reading India records current account deficit (CAD) of 1.2% in FY22

Maersk sees no let up in surging cost of shipping goods

The cost of shipping goods has surged 25-30% since the start of the pandemic due to array of inflationary pressures that are “unlikely to abate in the short term,” world No. 1 container shipping company Maersk told Reuters on Wednesday. Maersk is viewed as a bellwether for global trade as it transports goods for retailers… Continue reading Maersk sees no let up in surging cost of shipping goods

Electric vehicles could take 33% of global sales by 2028: AlixPartners

The ICE-to-EV transition will cost automakers and suppliers a cumulative $70 billion by 2030, according to Elmar Kades, co-leader of the automotive practice, including bankruptcies and restructuring. Electric vehicle sales could reach 33% globally by 2028 and 54% by 2035, as demand accelerates in most major markets, consultant AlixPartners said on Wednesday. EVs accounted for… Continue reading Electric vehicles could take 33% of global sales by 2028: AlixPartners

Porsche and Michelin on a performance mission at Goodwood with tyres that contain 53% sustainable materials

Porsche and Michelin on a performance mission at Goodwood with tyres that contain 53% sustainable materials The new, fully-electric Porsche 718 Cayman GT4 ePerformance will be out to showcase its potential at 2022 Goodwood Festival of Speed on Michelin tires that contain 53% sustainable materials. At last August’s Le Mans 24 Hours, Michelin revealed the… Continue reading Porsche and Michelin on a performance mission at Goodwood with tyres that contain 53% sustainable materials