SAN FRANCISCO & BOSTON–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced that it has completed its acquisition of Drizly and that the two companies will begin integrating their complementary delivery apps and services. The purchase consideration was approximately $1.1 billion, consisting of approximately 18.7 million newly issued shares of Uber common stock plus cash. To… Continue reading Uber: Cheers! Uber Completes Acquisition of Drizly
Category: Official Press Release
Committed to Carbon Neutrality, GWM Vigorously Conducts Hybrid Technology Research and Development
The Hybrid technology is an essential part of the overall strategic plan of GWM. Motivated by the R&D concept of “large-investment”, GWM has independently designed and developed the L.E.M.O.N. platform through five-year efforts, investing RMB 20 billion. This platform can be adapted to two different hybrid architectures, namely Dedicated Hybrid Technology (DHT) architecture and P2/P2+P4 architecture.… Continue reading Committed to Carbon Neutrality, GWM Vigorously Conducts Hybrid Technology Research and Development
@Honda: Summary of Press Conference on Honda Electrification Strategy in China
TOKYO, Japan, October 13, 2021 – Honda today held a virtual press conference on its electrification strategy in China. During the conference, Honda announced its new environmental and safety initiatives and also held the world premiere of two planned production models and three concept models of Honda-brand electric vehicles (EV). A summary of the conference… Continue reading @Honda: Summary of Press Conference on Honda Electrification Strategy in China
@Honda: Honda Unveils New Honda SENSING 360 Omnidirectional Safety and Driver-Assistive System
13 Oct 2021 ID: 346804 TOKYO, Japan, October 13, 2021 – Honda Motor Co., Ltd. today unveiled the new Honda SENSING 360 omnidirectional safety and driver-assistive system which removes blind spots around the vehicle and contributes to collision avoidance and the reduction of driver burden while driving. Further evolved from the previous system, Honda SENSING… Continue reading @Honda: Honda Unveils New Honda SENSING 360 Omnidirectional Safety and Driver-Assistive System
Honda Introduces New Honda Sensing 360 System as Latest Step Toward Achieving Goal of Zero Traffic Collision Fatalities by 2050
These latest safety advances reflect a global vision announced by Honda global CEO Toshihiro Mibe in April 2021, to strive for both zero traffic collision fatalities involving Honda motorcycles and automobiles globally by 2050 and carbon-neutrality for its products and corporate activities by 2050. More details about that announcement, are available here. Since the U.S. introductions… Continue reading Honda Introduces New Honda Sensing 360 System as Latest Step Toward Achieving Goal of Zero Traffic Collision Fatalities by 2050
@BMW: “Fusion: Motorsport meets SIM racing”: Documentary on the development of the BMW M4 GT3 steering wheel.001524
Munich. BMW M Motorsport and sim racing hardware manufacturer Fanatec created a world first with the joint development of the steering wheel for the BMW M4 GT3, which unites real-world and virtual racing in an unprecedented way. The 30-minute documentary “Fusion: Motorsport meets SIM racing” describes the pioneering work in the development of the steering… Continue reading @BMW: “Fusion: Motorsport meets SIM racing”: Documentary on the development of the BMW M4 GT3 steering wheel.001524
Volvo Group launches world’s first vehicle using fossil-free steel
The machine, a load carrier for use in mining and quarrying, was unveiled at a green steel collaboration event today, October 13, 2021, in Gothenburg hosted by Martin Lundstedt, President and CEO Volvo Group. During the premiere, which was broadcasted online and is available to watch here, attendees got to see the world’s first machine… Continue reading Volvo Group launches world’s first vehicle using fossil-free steel
@Tata-JLR: JAGUAR LAND ROVER TRIALS WORLD-FIRST DIGITAL SUPPLY CHAIN FOR LEATHER USING BLOCKCHAIN TECHNOLOGY
For more information about Jaguar Land Rover’s Reimagine strategy please visit: https://www.jaguarlandrover.com/reimagine About Innovate UK The project is funded by Innovate UK on behalf of the Industrial Strategy Challenge Fund (ISCF) Manufacturing Made Smarter Challenge. Innovate UK is part of UK Research and Innovation, a non-departmental public body funded by a grant-in-aid from the UK government. Innovate UK aims… Continue reading @Tata-JLR: JAGUAR LAND ROVER TRIALS WORLD-FIRST DIGITAL SUPPLY CHAIN FOR LEATHER USING BLOCKCHAIN TECHNOLOGY
@GM: General Motors, LG Electronics Reach Agreement on Bolt EV Recall Costs October 12, 2021
LG will reimburse GM for recall costs and expenses WARREN, Mich. – General Motors Co. (NYSE: GM) announced today it has reached an agreement under which LG Electronics Inc. will reimburse GM for costs and expenses associated with the recall of Chevrolet Bolt EVs and EUVs due to manufacturing defects in battery modules supplied by… Continue reading @GM: General Motors, LG Electronics Reach Agreement on Bolt EV Recall Costs October 12, 2021
Uber: Uber Announces Date of Third Quarter 2021 Results Conference Call
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) will hold its quarterly conference call to discuss its third quarter 2021 financial results on Thursday, November 4, 2021 at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). A live webcast of the conference call and earnings release materials can be found on Uber’s Investor Relations website at… Continue reading Uber: Uber Announces Date of Third Quarter 2021 Results Conference Call