Gerald Kink wants to make one thing clear right away: “That really helps us,” says the hotelier and restaurateur from Wiesbaden. “We accept this money very gratefully,” assures the entrepreneur who runs the Hotel Oranien in the Hessian state capital, a long-established family business with 80 rooms and 36 employees. Ralph Bollmann Correspondent for economic… Continue reading German FAZ: Gilded November000476
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China Tech Digest: NIO’s Marcap Bigger Than Baidu’s; Li Auto Issues Recalls
NIO becomes becomes one of world’s top 10 car makers by marcap China’s new energy vehicle sector saw their US listed shares rose collectively. Among them, NIO closed at US$42.35, up 12.30%, and its market value reached US$57.688 billion, a record high. This market value also exceeds that of traditional car giants such as BMW,… Continue reading China Tech Digest: NIO’s Marcap Bigger Than Baidu’s; Li Auto Issues Recalls
Glickenhaus SCG-008 Off-Road Looks Insane In New Profile Views – Motor1
If you’ve ever heard the name Scuderia Cameron Glickenhaus, it’s probably thanks to the company’s race car, sports car, and supercar expertise. What not many people know however is that the automaker is also pretty experienced in creating capable off-road machines – a class win over Ford’s Bronco R at last year’s Baja 1000 probably… Continue reading Glickenhaus SCG-008 Off-Road Looks Insane In New Profile Views – Motor1
SSC plans to built a “little brother” for the Tuatara – paultan.org – Paul Tan’s Automotive News
According to a report by Motor Authority, SSC plans to build a new model that slots in below the record-setting Tuatara, a project that it is calling “Little Brother.” This will help to widen the company’s line-up of offerings to draw in more customers in the future. SSC CEO Jerod Shelby revealed that the Little… Continue reading SSC plans to built a “little brother” for the Tuatara – paultan.org – Paul Tan’s Automotive News
Israeli firm enables sound of silence with broadband active road noise cancellation
Israel-based Silentium, a tech innovation company specialising in creating personal in-car sound environments, has introduced advanced, broad-band active road noise cancellation to the auto industry for the first time. After several years in development, Jaguar and Land Rover are the first carmakers to integrate Silentium’s ‘Active Acoustics’ software in three of their new vehicles, meaning… Continue reading Israeli firm enables sound of silence with broadband active road noise cancellation
Chinese autonomous vehicle startup Pony.ai hits $5.3 billion valuation
Pony.ai, the Chinese autonomous vehicle startup and relative newcomer to the industry, is now valued at $5.3 billion following a fresh injection of $267 million in funding. The round was led by TIP, an innovation fund within the Ontario Teachers’ Pension Plan Board that focuses on late-stage venture and growth equity investments in companies that… Continue reading Chinese autonomous vehicle startup Pony.ai hits $5.3 billion valuation
Used cars help dealers make £110k profit in September
The average UK motor retailer delivered record profits of £110,000 in the September plate change month Used cars were particularly strong performance has been the real shining star since the lockdown was lifted and this continued during the month of September. “Return on investment continued to climb and the overall return for the month of… Continue reading Used cars help dealers make £110k profit in September
Truck builder PACCAR announces partnership to provide comprehensive fleet charging solutions
PACCAR, which manufactures light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates, has announced a collaboration with Faith Technologies and Schneider Electric to provide charging infrastructure solutions for Kenworth and Peterbilt customers in North America. Kenworth and Peterbilt have recently begun taking customer orders for the Kenworth K270E and Peterbilt Model 220EV… Continue reading Truck builder PACCAR announces partnership to provide comprehensive fleet charging solutions
Tesla Is Now Selling Tequila in a Lightning-Shaped Bottle
Tesla Tequila Forget the Cybertruck — Tesla’s hottest new product is a bottle of tequila, shaped like a lightning bolt. The agave-based adult beverage is listed for $250 on Tesla’s website, but it’s already sold out just hours after debuting. Wacky Wares Tesla makes its own cars, but it didn’t distill its own tequila. Instead,… Continue reading Tesla Is Now Selling Tequila in a Lightning-Shaped Bottle
Indonesia aims to grab EV supply chain with CATL and Hyundai
JAKARTA — Indonesia is inching toward building an industry to supply nickel for batteries and electric vehicles. The government last month acquired a major stake in a nickel miner, following basic agreements with top South Korean and Chinese battery makers for domestic joint ventures totaling $12 billion. It is also looking to eventually become a regional hub for manufacturing electric… Continue reading Indonesia aims to grab EV supply chain with CATL and Hyundai