Category: News Type

Personal conflict led GM exec Steve Kiefer to retire

General Motors executive Steve Kiefer makes two promises. The first is that GM’s international business, which he leads, will deliver strong earnings in the first quarter, even as he prepares to retire on April 1. The second is that he will save tens of thousands of lives in the future.  Go to Source

Ford increases electrification spend to $50B in attempt to catch up to Tesla

Ford Motor Company is increasing its electric vehicle investment to $50 billion through 2026, up from the previous $30 billion by 2025. CEO Jim Farley announced the news on Wednesday after the automaker confirmed that it would run its EV unit separately from its combustion engine business, something Ford touched on during its 2021 fourth… Continue reading Ford increases electrification spend to $50B in attempt to catch up to Tesla

Rivian has altered the deal, and now its EVs will cost buyers up to $20K more

Rivian increased the estimated prices of its R1T electric pickup and R1S electric SUV this week by up to 20 percent, as reported by TechCrunch. The company is applying the new estimates to new orders and changing them for reservation holders who don’t yet have a vehicle entering production. This is the first significant change… Continue reading Rivian has altered the deal, and now its EVs will cost buyers up to $20K more

Podsplainer: What’s a Recommender System? NVIDIA’s Even Oldridge Breaks It Down

The very thing that makes the internet so useful to so many people — the vast quantity of information that’s out there — can also make going online frustrating. There’s so much available that the sheer volume of choices can be overwhelming. That’s where recommender systems come in, explains NVIDIA AI Podcast host Noah Kravitz.… Continue reading Podsplainer: What’s a Recommender System? NVIDIA’s Even Oldridge Breaks It Down

@Ferrari: Ferrari Publishes Agenda for the 2022 Agm  000226

Maranello (Italy), March 2, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari”) announced today that it has published the agenda and the explanatory notes for the 2022 Annual General Meeting of Shareholders (“AGM”), which will be held virtually on April 13, 2022, beginning at 11:30 a.m. CEST. To protect the health and safety of all participants… Continue reading @Ferrari: Ferrari Publishes Agenda for the 2022 Agm  000226

Indian oil giant installs over 1,000 EV charging stations

IndianOil, India’s largest government-owned oil corporation, says it has installed more than 1,000 charging stations across the country. IndianOil installed its first public charger in 2017, in Nagpur. Now the company says it operates charging points in over 500 towns and cities, including multiple highway sites. IndianOil says it is setting up EV charging infrastructure… Continue reading Indian oil giant installs over 1,000 EV charging stations

@FCA: Stellantis Donates €1 Million to Ukrainian Refugees and Civilians

March 2, 2022 , Amsterdam – Stellantis N.V., through its Foundation, today commits €1 million in humanitarian aid to support the Ukrainian refugees and civilians displaced by the current crisis. With the support of Stellantis’ head of operations in Ukraine, Stellantis will rely on a local NGO to support Ukrainians in using this fund. “Stellantis condemns… Continue reading @FCA: Stellantis Donates €1 Million to Ukrainian Refugees and Civilians

Ford sells electric scooter unit Spin to Berlin’s Tier

Ford is selling its electric scooter operation Spin to one of Europe’s top shared mobility companies. Tier Mobility will take over all of Spin’s operations, marking the first time the Berlin-based scooter company will have a foothold in North America. The companies declined to disclose the sale price, though the CEO of Tier said it… Continue reading Ford sells electric scooter unit Spin to Berlin’s Tier