Category: News Type

EV SPAC Faraday Future now has the attention of the DOJ

Amid an investigation by the Securities and Exchange Commission into inaccurate statements to investors, Faraday Future has received a preliminary request for information from the U.S. Department of Justice. The DOJ’s request for information is related to the SEC probe, according to a securities filing submitted by the electric vehicle startup Thursday. Faraday said it’s… Continue reading EV SPAC Faraday Future now has the attention of the DOJ

Jaguar Land Rover rolls out what3words geocoding tech to vehicles already on the road

Jaguar Land Rover is the latest automaker to integrate geocoding company what3words into its cars and SUVs. JLR said Thursday that it will incorporate both its new and used vehicles with the voice-activated what3words system, which divides the world into a grid to give each 100-square-foot area an address of three random words. The rollout… Continue reading Jaguar Land Rover rolls out what3words geocoding tech to vehicles already on the road

US safety regulators expand Tesla Autopilot investigation

U.S. federal safety regulators have “upgraded” its investigation into Tesla’s Autopilot advanced driver assistance system after discovering new incidents of the EVs crashing into parked first-responder vehicles. The National Highway Traffic Safety Administration said in a notice Thursday that it was expanding its preliminary evaluation of Tesla Autopilot systems to an engineering analysis. This means… Continue reading US safety regulators expand Tesla Autopilot investigation

Metropolitan Gaming Acquires the Park Lane Club London

LONDON, June 9, 2022 /PRNewswire/ — Metropolitan Gaming Limited (Metropolitan Gaming) today announced that one of its wholly owned subsidiaries has completed the purchase of the Park Lane Club London through an asset sale conducted by the administrators of Silverbond Enterprises Limited. “We are thrilled to be adding the iconic Park Lane Club to our… Continue reading Metropolitan Gaming Acquires the Park Lane Club London

Cango Inc. Reports First Quarter 2022 Unaudited Financial Results

SHANGHAI, June 9, 2022 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”), a leading automotive transaction service platform in China, today announced its unaudited financial results for the first quarter of 2022. First Quarter 2022 Financial and Operational Highlights Total revenues were RMB787.7 million (US$124.3 million), compared with RMB1,123.8 million in the same period… Continue reading Cango Inc. Reports First Quarter 2022 Unaudited Financial Results

City of Gardendale Set to Become Outdoor Sports Destination, Names Sports Facilities Companies As Operating Partner

Outdoor Sports Complex To Host 30+ Tournaments In First Year Of Operation CLEARWATER, Fla., June 9, 2022 /PRNewswire/ — Located just north of Birmingham, the City of Gardendale, AL, is investing in the health and economic vitality of the community in a big way. Led by Mayor Stan Hogeland, the city has begun construction on… Continue reading City of Gardendale Set to Become Outdoor Sports Destination, Names Sports Facilities Companies As Operating Partner

Tesla workers ask Elon Musk what to do with Twitter drama – the CEO says ‘ignore’

At a company-wide meeting yesterday, Tesla employees asked Elon Musk what to do with the Twitter drama around his attempt to acquire the social media platform. The CEO says “ignore” it. Elon Musk’s attempt to buy Twitter and take it private doesn’t have much to do with Tesla at first glance, but it has been… Continue reading Tesla workers ask Elon Musk what to do with Twitter drama – the CEO says ‘ignore’

Tesla Autopilot is threatened by NHTSA as investigation gets closer to recall

NHTSA announced today that its investigation into Tesla Autopilot has been upgraded to a step closer to a possible recall. Last year, the US National Highway Traffic Safety Administration (NHTSA) announced that it is launching an investigation into Tesla Autopilot after identifying 11 crashes involving first responder vehicles. Today, NHTSA announced that it is upgrading… Continue reading Tesla Autopilot is threatened by NHTSA as investigation gets closer to recall

Tesla wants to ‘revolutionize’ service with bigger centers and more specialization

Tesla is launching an effort to ‘revolutionize’ service and aiming to be 10 times better than the competition. CEO Elon Musk elaborates on the effort during a company-wide meeting. Earlier this week, we reported on Musk’s announcement that Tesla is working on service in North America and how Telsa is aiming to make the majority… Continue reading Tesla wants to ‘revolutionize’ service with bigger centers and more specialization