Category: News Site

Lucid Picks LG Chem As Cell Supplier For Lucid Air Standard Version

Lucid Motors announced a long-term partnership battery supplier LG Chem, which was selected as an exclusive lithium-ion cell supplier for the “standard version” of the upcoming Lucid Air luxury, sports sedan through 2023. Lucid Air is scheduled to enter production in a new facility in Casa Grande, Arizona in late 2020. We will see the final production… Continue reading Lucid Picks LG Chem As Cell Supplier For Lucid Air Standard Version

Rivian Seeks Direct Sales Well Beyond The Situation In Colorado

Our good friend Sean Mitchell is pushing for the approval of direct sales in Colorado, and Rivian is well-aware of the situation. It’s not only on board with the bill in Colorado, but also aware that it needs to work ahead of production in other states to assure it will actually be approved to sell its… Continue reading Rivian Seeks Direct Sales Well Beyond The Situation In Colorado

Toyota restarts final Chinese plant shut by virus outbreak

NAGOYA, Japan — Toyota Motor restarted its fourth and final Chinese assembly plant Monday following a nearly monthlong shutdown sparked by the deadly coronavirus outbreak. Work resumed at the plant in the city of Chengdu after Toyota delayed the restart three times. All of the Japanese automaker’s factories in China were originally closed for the official Lunar… Continue reading Toyota restarts final Chinese plant shut by virus outbreak

India seeks to curb auto-grade steel imports to encourage local production

MUMBAI (NewsRise) — India plans to curb the import of high-quality auto-grade steel in a bid to push local manufacturing of the alloy, a move that raises concerns such restrictions could disrupt the local automobile industry. Earlier this month, the government said in its budget that it is adopting several measures to tighten the restrictions… Continue reading India seeks to curb auto-grade steel imports to encourage local production

Asian equities tumble as coronavirus spreads outside China

HONG KONG (Nikkei Markets) — Asian shares outside of Japan tumbled Monday amid rising fears that the novel coronavirus is spreading rapidly outside of China. The Nikkei Asia300 index of companies outside Japan fell 2.4% to 1,317.01. Futures on the S&P 500 Index dropped 2.7% on Monday and South Korean equities led Asian shares lower… Continue reading Asian equities tumble as coronavirus spreads outside China

InspectionNotes, TSD Integrate for Mobile Damage Inspections, Repair Management

All information and documentation is contained in history and is easily accessible through a cloud based dashboard.  Photo via Depositphotos. Automobile Technologies has integrated InspectionNotes with TSD’s car rental software to seamlessly exchange real-time data for mobile damage inspections, check-in and check-out, and repair management.   InspectionNotes was developed for rental car agents to perform mobile inspections… Continue reading InspectionNotes, TSD Integrate for Mobile Damage Inspections, Repair Management

India: Two-wheeler rental startup Vogo raises $19m led by Lightstone Fund

Bengaluru-based two-wheeler rental platform Vogo Automotive Pvt Ltd has raised $19.1 million (Rs 137 crore) in its ongoing Series C funding round led by Lightstone Fund S.A. Existing investors Matrix Partners and Kalaari Capital have also participated in the financing. According to the company’s regulatory filings sourced by Paper.vc, Lightstone Fund has invested a total… Continue reading India: Two-wheeler rental startup Vogo raises $19m led by Lightstone Fund

Your next tire change could be performed by a robot

Waiting in a service station waiting room purgatory one day, Victor Darolfi had a simple thought. “I sat at America’s Tires for three hours and thought, hey, we use robots to put tires on at the factory,” the founder explains. “Why don’t we bring robots into the service industry?” The notion was the first seed… Continue reading Your next tire change could be performed by a robot