Category: News Site

Tesla May Buy CATL’s Lithium Iron Phosphate Cobalt-Free Cells

Frequent readers of InsideEVs probably remember when CATL and Tesla signed a battery supply agreement. It was on February 3, and that led CATL to be one of the three battery suppliers Tesla currently has. Besides Panasonic, LG will also sell to the American EV manufacturer. Now Reuters reports that the companies are discussing the… Continue reading Tesla May Buy CATL’s Lithium Iron Phosphate Cobalt-Free Cells

UltraSense Systems Raises $20M in Series B Funding

UltraSense Systems, a San Jose, Calif.-based creator of touch user interface technology using 3D ultrasound for smartphones, cars, home appliances, IoT and medical devices, raised $20m in Series B funding. The round, which brought its fundraising total to $24m, was led by Artiman Ventures and Robert Bosch Venture Capital with participation from Abies Ventures, Asahi… Continue reading UltraSense Systems Raises $20M in Series B Funding

heycar acquires Honest John website from company administrators

Heycar has completed the acquisition of HonestJohn.co.uk just weeks after the consumer advice website slipped into administration due to “significant cash flow difficulties”. The online car buying marketplace said in a statement issued to AM this afternoon (February 18) that it hoped to cement its intention to “bring greater trust and transparency to the market”… Continue reading heycar acquires Honest John website from company administrators

Elon Musk just criticized the artificial intelligence company he helped found — and said his confidence in the safety of its AI is ‘not high’

Elon Musk criticized OpenAI, one of the world’s top AI research organizations, saying it lacks transparency and that his confidence in its technology’s safety is “not high.” OpenAI is racing to be the first to build a machine with the reasoning powers of a human mind. Musk himself is one of OpenAI’s founders — he… Continue reading Elon Musk just criticized the artificial intelligence company he helped found — and said his confidence in the safety of its AI is ‘not high’

Jaguar Land Rover to run out of Chinese parts for UK production after two weeks: CEO

FILE PHOTO: Signs are seen outside the Jaguar Land Rover plant at Halewood in Liverpool, northern England, September 12 , 2016. REUTERS/Phil Noble/File Photo WARWICK, England (Reuters) – Jaguar Land Rover (TAMO.NS) has enough parts from China to maintain its British production for the next two weeks but not beyond that at the moment, Chief… Continue reading Jaguar Land Rover to run out of Chinese parts for UK production after two weeks: CEO

AkzoNobel secures 44-country supply deal with BMW including India

The BMW Group has chosen AkzoNobel to be a trusted supplier of vehicle refinish products and services to a large part of its distribution network around the world including. The deal came into effect on February 1, 2020. Covering 44 countries, the agreement means that the company’s premium Sikkens and Lesonal brands are now approved… Continue reading AkzoNobel secures 44-country supply deal with BMW including India

French finance minister warns Renault against job cuts, factory closures

FILE PHOTO: French Finance Minister Bruno Le Maire reacts after his New Year address to France’s economic officials and the media at the Bercy Finance Ministry in Paris, France, January 7, 2020. REUTERS/Charles Platiau/File Photo BRUSSELS (Reuters) – French Finance Minister Bruno Le Maire warned Renault (RENA.PA) on Tuesday against shutting factories in France and… Continue reading French finance minister warns Renault against job cuts, factory closures

Gojek reportedly buys 4.3% stake in Indonesian taxi company Blue Bird

Gojek has paid $30 million to take a minority stake in Blue Bird, one of the largest taxi operators in Indonesia, according to Bloomberg, which first reported that the deal was in progress last month. Gojek’s stake in Blue Bird is worth $30 million. The taxi operator’s holding company disclosed in a regulatory filing earlier… Continue reading Gojek reportedly buys 4.3% stake in Indonesian taxi company Blue Bird