BMW German carmaker’s CEO offers to travel to London to deliver message to PM saying ‘listen to business’ The new MINI electric car at the group plant in Cowley, near Oxford. BMW says a no-deal Brexit risks the jobs of the factory’s 4,500 staff. Photograph: Tolga Akmen/AFP/Getty Images The boss of BMW has urged Boris… Continue reading BMW boss urges Boris Johnson to abandon no-deal Brexit
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Calling all hardware startups! Apply to Hardware Battlefield @ TC Shenzhen
Got hardware? Well then, listen up, because our search continues for boundary-pushing, early-stage hardware startups to join us in Shenzhen, China for an epic opportunity; launch your startup on a global stage and compete in Hardware Battlefield at TC Shenzhen on November 11-12. Apply here to compete in TC Hardware Battlefield 2019. Why? It’s your chance… Continue reading Calling all hardware startups! Apply to Hardware Battlefield @ TC Shenzhen
Avis Partners with Tech Platform on Connected Cars Data
The Otonomo Automotive Data Services Platform will help Avis Budget Group gain new insights from its connected cars, which span a diverse range of makes, models, and telematics technologies. Photo via iStockPhoto/Karneg. Avis Budget Group has formed a partnership with Otonomo, an automotive data services platform, to unlock new avenues for value creation from the data generated by… Continue reading Avis Partners with Tech Platform on Connected Cars Data
UPDATE 1-Mazda Q1 profit disappoints, hurt by weak U.S., China sales
* Posts worst Q1 operating profit since June 2012 quarter * Mazda’s global vehicle sales down 12% in Q1 * Strong yen vs euro, Australia dollar also hurts profit (Adds results details) By Naomi Tajitsu TOKYO, Aug 1 (Reuters) – Mazda Motor Corp reported a 79% drop in quarterly operating profit, falling significantly short of… Continue reading UPDATE 1-Mazda Q1 profit disappoints, hurt by weak U.S., China sales
UK Government Proposes Mandatory Charging Point In New Homes
New regulations coming to the charging infrastructure market in the UK. The British government considers a new requirement of a mandatory charging point for all new homes with a dedicated car parking space to future proof electrification. We are not entirely sure whether they mean pre-wiring of the parking spot, which would be clever, or… Continue reading UK Government Proposes Mandatory Charging Point In New Homes
A Tesla employee died at the Gigafactory earlier this month — and the investigation is ongoing (TSLA)
A Tesla employee was found dead at the Gigafactory earlier this month, Tesla has confirmed. Michael Johnston, 61, was found dead on the third floor of the Gigafactory on Monday, July 22nd, the Storey County Police Department told Business Insider. Law enforcement was called at 5:47 am PT. The Storey County Police Department is still… Continue reading A Tesla employee died at the Gigafactory earlier this month — and the investigation is ongoing (TSLA)
Lyft pulls e-bikes in light of apparent battery fires
Lyft is pulling its e-bikes from the streets of San Francisco, as well as from those in the South Bay Area in light of two recently catching on fire. The first reported fire took place over the weekend, with the second one happening today, according to the San Francisco Examiner. “Out of an abundance of caution,… Continue reading Lyft pulls e-bikes in light of apparent battery fires
Lamborghini hits 10 UK dealerships with Reading re-opening
Automobili Lamborghini has officially re-opened its Pangbourne, Reading dealership. The dealership, which originally opened in 2013, has reopened thanks to a significant investment by parent company HR Owen Plc. It brings Lamborghini’s UK dealer network to 10 sites. Andrea Baldi, Automobili Lamborghini EMEA CEO, said: “Lamborghini Pangbourne provides significant coverage in the south east of… Continue reading Lamborghini hits 10 UK dealerships with Reading re-opening
Recogni Raises $25M in Series A Funding
Recogni, Inc., a San Jose, CA-based designer of a vision-oriented artificial intelligence platform for autonomous vehicles, raised $25m in Series A financing. The round was led by GreatPoint Ventures with participation from Toyota AI Ventures, BMW i Ventures, Faurecia, Fluxunit and DNS Capital. The company intends to use the funds to continue to develop its… Continue reading Recogni Raises $25M in Series A Funding
Pence Boosts Hopes In Lordstown, Workhorse Stock With Comments On Idled GM Plant
The excitement around the stock was being matched in the northeast Ohio community, which saw General Motors Company (NYSE: GM) close the Lordstown plant, producing its last Chevrolet Cruze on March 6 and putting 1,500 people out of work. “Workhorse, I learned, just this week, secured the financing to move forward to keep jobs in… Continue reading Pence Boosts Hopes In Lordstown, Workhorse Stock With Comments On Idled GM Plant