(ATTN: CHANGES headline and photos; ADDS executive comments in paras, 3, 11-12, background in paras 13-17)By Choi Kyong-ae ILSAN, South Korea, Jan. 15 (Yonhap) — Hyundai Motor Co. on Wednesday launched the long-awaited GV80 sport utility vehicle under its independent Genesis brand to meet rising demand for recreational vehicles. The GV80 is the first SUV… Continue reading (LEAD) Hyundai launches Genesis GV80 on SUV demand
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Magenta Power opens R&D centre in Navi Mumbai
Kushal Banerjee, General Manager & Business Development, HPCL in conversation with the Magenta Power team. Mumbai-based Magenta Power (ChargeGrid), which markets EV charging solutions, has opened its first R&D Centre in Navi Mumbai, the national centre for Magenta’s facilities in India. The new facility will help increase production rates and allow for much faster time-to-market… Continue reading Magenta Power opens R&D centre in Navi Mumbai
Volvo Cars and China Unicom collaborate on 5G V2X tech in China
Volvo Cars and leading telecom provider China Unicom are joining forces on using 5G next-generation mobile network technology for communication between cars and infrastructure in China. The two companies are to work together in researching, developing and testing automotive applications of 5G and emerging vehicle-to-everything (V2X) technology. As the fifth generation of mobile network technology… Continue reading Volvo Cars and China Unicom collaborate on 5G V2X tech in China
Aston Martin won’t say whether its electric car is dead or alive
Aston Martin might have killed the Rapide E, its first electric car, before it ever shipped according to an Autocar report from late last week. But Aston Martin won’t say if this is true or not, as a spokesperson tells The Verge that the company “can’t comment on product speculation.” “Everybody is asking…” the spokesperson… Continue reading Aston Martin won’t say whether its electric car is dead or alive
Tesla reportedly made a significant change to its Supercharger pricing (TSLA)
Tesla has changed the way it bills customers for charging sessions at the electric-car maker’s Supercharger stations, Electrek’s Fred Lambert reported, citing an internal email sent to Tesla employees. Tesla owners now have to pay for the electricity used to power systems like the HVAC and battery heater when charging, in addition to the electricity… Continue reading Tesla reportedly made a significant change to its Supercharger pricing (TSLA)
India Deal Monitor: Shuttl raises $8m from SIG Global and more updates
Premium Gurugram-based app-based bus aggregator Shuttl has raised about $8 million (Rs 57 crore) in its Series C funding round from SIG Global India Fund LLP. Per the company’s filings with the Registrar of Companies (RoC) sourced by paper.vc, Delaware-based SIG Global Fund has been issued 19,341 Series C compulsorily convertible cumulative preference (CCPS) in… Continue reading India Deal Monitor: Shuttl raises $8m from SIG Global and more updates
CORRECTED-Ford invests $82 mln to expand Vietnamese plant
Ford Motor Co said on Tuesday it is investing $82 million to expand its plant in northern Vietnam to boost production capacity. Go to Source
Ford invests $82 million to expand Vietnamese plant
FILE PHOTO: Labourers work at Ford Vietnam car factory in Hai Duong, Vietnam April 12, 2019. REUTERS/Kham/File Photo HANOI (Reuters) – Ford Motor Co (F.N) said on Tuesday it is investing $82 million to expand its plant in northern Vietnam to boost production capacity. Ford Vietnam, established in 1995, said the expanded factory would boost… Continue reading Ford invests $82 million to expand Vietnamese plant
KARMA NAMES NEW CHIEF OPERATIONS OFFICER TO DRIVE TECHNOLOGY-FOCUSED BUSINESS STRATEGY
VIEW ALL () x Jan 13,2020 Kevin Pavlov Strengthens Karma’s Executive Leadership Team Growing the Business Beyond Pure Automotive Key Assignment: Implement CEO’s Strategic Vision and Direction for Operations and Tech-Focused Business IRVINE, Calif. (Jan. 13, 2020) – Kevin Pavlov, an accomplished global-operations executive from the transportation and consumer electronics industry, has joined Karma,… Continue reading KARMA NAMES NEW CHIEF OPERATIONS OFFICER TO DRIVE TECHNOLOGY-FOCUSED BUSINESS STRATEGY
EVBox launches new generation of fast and ultra-fast chargers
Charging station manufacturer EVBox revealed its new fast charger, the Troniq 100, and the redesign of its ultra-fast charger, the Ultroniq, at the recent CES trade show. The Troniq 100 and Ultroniq offer power outputs of 100 kW and 350 kW respectively. The new fast and ultra-fast chargers also offer: Retractable cables LED lights Wheelchair… Continue reading EVBox launches new generation of fast and ultra-fast chargers