Category: News Site

Bridgestone to sell off noncore US unit as red ink looms

TOKYO — Bridgestone plans to auction off Firestone’s construction material subsidiary as part of a wider cost-cutting effort to recover from its first anticipated annual loss in 69 years, CEO Shuichi Ishibashi told Nikkei in an exclusive interview Friday. The Japanese tiremaker is accepting bids on U.S.-based Firestone Building Products. A deal could be valued… Continue reading Bridgestone to sell off noncore US unit as red ink looms

DoorDash files for IPO and hints at driverless future

Food delivery platform DoorDash filed its widely anticipated IPO with the Securities and Exchange Commission on Friday, and plans to take the company public early next month. The company’s revenue soared in 2020 and it briefly showed a profit, as restaurants closed to in-person dining due to the pandemic, and relied on delivery services. DoorDash… Continue reading DoorDash files for IPO and hints at driverless future

Jaguar Land Rover’s Pivi Pro infotainment system wins top European tech award

Jaguar Land Rover’s new Pivi Pro touchscreen infotainment has been recognised by the prestigious motoring jury Autobest, and has received the SMARTBEST 2020 award dedicated to the best connected technologies in the industry. Jaguar Land Rover’s new Pivi Pro touchscreen infotainment has an industry-leading design and shares electronic hardware with the latest smartphones. The fast-responding… Continue reading Jaguar Land Rover’s Pivi Pro infotainment system wins top European tech award

Waymo throws shade at Tesla and Elon Musk over self-driving comments

Waymo is throwing shade at Tesla and Elon Musk over comments that the latter has made about the usefulness of the former’s self-driving technology. There are dozens of high-profile companies working on solving self-driving and just as many different approaches, but there are two main differences: those who rely mainly if not entirely on computer… Continue reading Waymo throws shade at Tesla and Elon Musk over self-driving comments

German Handelsblatt: Car manufacturer: Volkswagen sounds the alarm: “The charging network is exhausted” 000770

Ionity fast charging station in Rhineland-Palatinate A car driver charges her electric car at the Brohltal service area on the A61 motorway. Germany needs more of these charging stations. (Photo: dpa) Düsseldorf Volkswagen warns that there will soon no longer be enough charging points for the many new electric cars on Germany’s roads. “The number… Continue reading German Handelsblatt: Car manufacturer: Volkswagen sounds the alarm: “The charging network is exhausted” 000770

Nissan trims annual loss forecast to $5.8bn as sales improve

TOKYO — Nissan Motor on Thursday forecast a net loss of 615 billion yen ($5.8 billion) for the fiscal year through March, a slight upward revision from previous guidance, helped by an improvement in sales and the implementation of cost-cutting measures, but analysts said it still faces a long road to profitability. The outlook for the… Continue reading Nissan trims annual loss forecast to $5.8bn as sales improve

Ford unveils the 2022 E-Transit, its $45,000 electric workhorse

Ford revealed Thursday the E-Transit, a configurable all-electric cargo van that it’s betting will be the new go-to workhorse for commercial customers. The E-Transit is just one piece of the company’s $11.5 billion investment in electrification. But it could be its most important one. Ford has largely focused its electrification efforts on the consumer market,… Continue reading Ford unveils the 2022 E-Transit, its $45,000 electric workhorse

A Panasonic battery VP explains the biggest challenge her team faces as it prepares for a huge wave of electric cars

Panasonic executive Celina Mikolajczak said on Tuesday that increasing production capacity is the biggest challenge the company’s electric-vehicle battery division faces right now. That’s partly the result of a supply chain for raw materials that’s concentrated in a small number of companies, Mikolajczak said. The auto industry is planning a major increase in EV production… Continue reading A Panasonic battery VP explains the biggest challenge her team faces as it prepares for a huge wave of electric cars

Ford unveils E-Transit electric cargo van with 126 miles of range and $45,000 price tag

Ford unveiled the all-electric version of its popular Transit delivery van, with connected vehicle technology to help commercial fleet owners better manage their cargo operations. The E-Transit will have a smaller battery and less range than most passenger EVs released in recent years, but Ford insists that it will be more than sufficient to meet… Continue reading Ford unveils E-Transit electric cargo van with 126 miles of range and $45,000 price tag